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0xSun: Major Players 'Retiring' Main Wallets Due to Copy Trading Pressure and Conspiracy Theory Influence on Operations
Summary: Trader 0xSun analyzed that more and more major players domestically and internationally are choosing to 'retire' their main wallets and switch to smaller or new wallets for two main reasons: excessive copy trading pressure, where main wallets are instantly bought up by various copy trading bots causing prices to rise rapidly, leaving no room for ...
Trader 0xSun analyzed that more and more major players domestically and internationally are choosing to 'retire' their main wallets and switch to smaller or new wallets for two main reasons: excessive copy trading pressure, where main wallets are instantly bought up by various copy trading bots causing prices to rise rapidly, leaving no room for further action and facing criticism if sold, or facing selling pressure if held; and to avoid emotional burdens brought on by unfounded speculations such as 'insider information,' 'coordinated harvesting,' or 'selling off from smaller wallets' to prevent conspiracy theory attacks. 0xSun believes that while this trend may reduce trading pressure, it also weakens transparency on the chain, creating more room for market manipulation and potentially having a negative impact on the overall environment.
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Link: 0xSun: Major Players 'Retiring' Main Wallets Due to Copy Trading Pressure and Conspiracy Theory Influence on Operations [Copy]
