The large trucks are retiring their main Wallets, which may affect on-chain transparency.

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On July 9th, 【Block Rhythm】 reported that Smart Money and crypto KOLs stated that an increasing number of domestic and foreign big players are choosing to "retire" their main wallets and switch to sub-accounts or new wallets. The speculation is primarily due to two reasons: first, the pressure from copy trading is too great; once the main wallet buys in, various copy trading Bots drive up the price, causing the purchase to immediately reach the expected rise, leaving no room for subsequent operations. Selling is easily criticized by public opinion, and holding faces selling pressure. Second, to avoid being attacked by conspiracy theories, such as "insider information," "joint harvesting," and "sub-account dumping," which bring emotional burdens from false speculations.

The KOL believes that while this trend can reduce the pressure of trading, it also weakens on-chain transparency, creating more opportunities for market manipulation, which could have a negative impact on the overall environment.

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SchrodingersFOMOvip
· 07-11 21:45
What are you afraid of with transparency on the construction site!
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GasFeeCriervip
· 07-09 06:29
The more the main account hides, the more rampant the sub-account becomes.
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MainnetDelayedAgainvip
· 07-09 06:28
So we're going to have another on-chain fog battle, right?
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defi_detectivevip
· 07-09 06:28
Chasing large orders to make a profit, it's time to find new targets.
View OriginalReply0
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