#美股2026展望 This operation can be described as a textbook-level double kill for both long and short.

On November 4th, the price dropped below the ICO costs for most retail investors on the day it went live. This trend naturally attracted a large number of investors to open short positions to hedge against risks. As a result, within just a few hours on the early morning of November 5th, the price suddenly surged violently by several times - the contract price on a leading exchange peaked at $6.47, while another platform even reached $10.5. This precise explosion directly caused over $100 million in short positions to vanish.

What’s even more outrageous is that just after the shorts were harvested, the coin price immediately plummeted by over 80%, falling back below 1 dollar.

Looking at the on-chain data again: MMT circulation is only 20.4%, and the top ten addresses control 97.8% of the chips. With this chip structure, the price can be completely manipulated at will. At this position, who dares to say that there won't be another round of volume dumping later?

Ultimately, the price movements of some coins have already been reflected in the chip distribution. If you don't understand the data, don't rush to get involved; whether going long or short, you could end up being someone else's ATM.

MMT-6.51%

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TopBuyerBottomSeller

· 20h ago

97.8% of the chips are in the top ten, isn't this a market maker's ATM? Why should retail investors follow? --- Falling below the issue price to a huge pump and then dumping, a typical bloodsucking routine; it's unbelievable that anyone dares to catch a falling knife. --- The on-chain data is all laid out here, yet they still want to give away money; who can we blame? --- I really don't dare to touch this kind of chip structure; I'll wait and see if there's another wave of dumping. --- Double kill for both long and short is indeed brutal, but the key is that large investors already know the script; we are just actors. --- Seeing through but not saying it, some people just want to rely on information asymmetry to play people for suckers; there's really nothing we can do. --- 1 billion USD short order was closed; it sounds nice, but then they turn around and dump 80%; who can withstand that? --- With only 20% circulating supply, they can play like this; the absurdity of the crypto world is beyond imagination. --- To put it nicely, it's a textbook example; to put it bluntly, it's blatant manipulation; how to choose? --- Another reminder not to participate recklessly in a coin; thanks to MMT's teaching.

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BearMarketSurvivor

· 20h ago

This is a blatant market maker harvesting ground, the top ten Addresses hold 97.8% of the chips, what do retail investors have to play with? --- The double kill is indeed severe, both long positions and short positions have been completely wiped out, a typical dumping tactic. --- Just look at this Circulating Supply ratio to know the outcome, there is simply nothing to play with. --- Falling below the issue price directly triggers short order explosions and then dumping, this rhythm is truly ruthless, I just want to know how many more people will be fooled. --- With 97.8% of the chips in the hands of the top, there will definitely be more to come, just waiting on the fishing platform for the next wave of suckers to be harvested. --- The on-chain data looks off at a glance, never touch a coin with this kind of structure, it's a bloody lesson. --- To put it bluntly, it's just a carefully designed ATM, both long and short are the scythes for playing people for suckers.

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NullWhisperer

· 20h ago

technically speaking, that on-chain distribution screams "audit this before you touch it" ... 97.8% in top 10 addresses is basically a vulnerability waiting to be exploited. vulnerable by design, if you ask me

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AirdropGrandpa

· 20h ago

97.8% of the chips are in the top ten addresses, this is like an ATM, retail investors are just sending money in.

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TopEscapeArtist

· 20h ago

Damn, this is the standard market maker script, with a chip concentration of 97.8%, there's simply nothing to play with. Contract liquidation of 100 million, short positions are being slaughtered, then they turn around and dump, who can withstand this wave? The key is I actually still wanted to buy the dip at the 1.5 position, even though the MACD is still in a death cross, I wanted to enter a position, serves me right.

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CantAffordPancake

· 20h ago

Damn, this is just a pure harvest feast for the market makers. --- 97.8% of the chips are in the hands of a few addresses, there’s no need to look at any trends, it’s just a cash machine. --- Those who dared to enter on the day of falling below the issue price are truly warriors. --- At the moment the short order was blown up, I don’t know how many people went bankrupt. --- I really keep my distance from such tokens, no matter how tempting, I won't touch them. --- To put it bluntly, it's a meticulously designed slaughter, from falling below the issue price to the pump and then to the dumping. --- Every time I see such operations, I feel too inexperienced, I just can't compete with these market makers. --- The on-chain data is so obvious, yet there are still people daring to go long or short, I have to say their guts are really big.

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