On-chain analysts recently disclosed a noteworthy phenomenon on social media—multiple users reported that their accounts were locked after making profits on a certain exchange.

One particularly extreme case involved a user who only engaged in spot trading with account funds exceeding $500,000. The account was suddenly disabled. Even more outrageous, when this user finally regained access to their account, they found that all assets had been wiped out, and the exchange had never provided any reasonable explanation.

The analyst pointed out that there are indeed issues with BTCC's series of operations. Account freezing, disappearance of funds, lack of transparent handling processes—these combined factors are enough to make any user feel uneasy. As decentralized finance and self-custody concepts become more widespread, such risk events at centralized exchanges should attract greater attention.

It is recommended that users thoroughly understand the platform's risk control policies and appeal mechanisms when choosing an exchange, and also assess their own risk tolerance. For large sums, diversification is advised—don't put all your eggs in one basket.