#永续合约市场动态 LIGHT's recent move is truly remarkable. The team-related address transferred $6.4 million worth of tokens to Bitget six hours before the token price suddenly plummeted. Two days ago, they also transferred $2.4 million. This pattern clearly indicates they are liquidating before running away. As a result, the token price directly crashed below $1, with a liquidation of $7.64 million in four hours, ranking first worldwide, and retail investors being caught in the trap.
Honestly, this kind of operation is becoming more and more common now. The team’s every move on the chain is basically the biggest risk signal. We spectators should remember this lesson: when we see large transfers from related addresses to CEXs, especially when transferring to exchanges, we should be alert. The recent high liquidation amounts in the perpetual contract market are not without reason; often, such internal operations are leading people into the fire.
Next time you see similar on-chain anomalies, fleeing early is the best strategy.
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GateUser-e19ef58c
· 01-07 10:57
The problem is that I don't know how to look at it.
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GateUser-db03fd66
· 01-07 09:35
How to see what transactions the whales are making?
#永续合约市场动态 LIGHT's recent move is truly remarkable. The team-related address transferred $6.4 million worth of tokens to Bitget six hours before the token price suddenly plummeted. Two days ago, they also transferred $2.4 million. This pattern clearly indicates they are liquidating before running away. As a result, the token price directly crashed below $1, with a liquidation of $7.64 million in four hours, ranking first worldwide, and retail investors being caught in the trap.
Honestly, this kind of operation is becoming more and more common now. The team’s every move on the chain is basically the biggest risk signal. We spectators should remember this lesson: when we see large transfers from related addresses to CEXs, especially when transferring to exchanges, we should be alert. The recent high liquidation amounts in the perpetual contract market are not without reason; often, such internal operations are leading people into the fire.
Next time you see similar on-chain anomalies, fleeing early is the best strategy.