0xSun: Key opinion leaders are retiring their main wallets due to the pressure of copy trading and the impact of conspiracy theories in public opinion.
Trader 0xSun published an analysis stating that more and more major domestic and international traders are choosing to "retire" their main wallets and switch to smaller or new wallets. There are two main reasons for this: first, the pressure from copy trading is too great. Once the main wallet buys in, the price is driven up by various copy trading bots, causing the expected increase to be reached the moment of purchase, leaving no room for subsequent operations. Selling is easily criticized by public opinion, while holding faces selling pressure. Second, to avoid being attacked by conspiracy theories, such as the emotional burden brought about by false speculations such as "insider information," "joint harvesting," and "small account selling." [Foresight News]
0xSun: Key opinion leaders are retiring their main wallets due to the pressure of copy trading and the impact of conspiracy theories in public opinion.
Trader 0xSun published an analysis stating that more and more major domestic and international traders are choosing to "retire" their main wallets and switch to smaller or new wallets. There are two main reasons for this: first, the pressure from copy trading is too great. Once the main wallet buys in, the price is driven up by various copy trading bots, causing the expected increase to be reached the moment of purchase, leaving no room for subsequent operations. Selling is easily criticized by public opinion, while holding faces selling pressure. Second, to avoid being attacked by conspiracy theories, such as the emotional burden brought about by false speculations such as "insider information," "joint harvesting," and "small account selling." [Foresight News]
