Vic TALK
Vic TALK|Apr 13, 2025 20:11
A sharp drop like this doesn't feel like the project team is running away. The project team feels like it's hitting at most 50%, and it's impossible to drop 80% in an hour. A higher probability is that there may have been some problems with the market makers in the exchange, with a large number of spot orders suddenly being withdrawn, and at the same time, there may have been large investors smashing the market. These two events are likely to occur simultaneously. At the same time, there may have been people in the contract market who shorted in advance to maximize profits, which is clearly a deliberate attempt to smash the market and profit from the contract. Before the resumption of trading, the situation with ACT, Mask, and multiple altcoins is quite similar to today's OM and the previous ones. It seems that the exchange or its market makers are deliberately causing trouble. The specific one depends on the analysis of various experts after waking up later. According to normal logical analysis, it should not be difficult to trade all the data and find out who did the wrong thing. Let's see if Binance or other major institutions can provide some clear feedback later
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