Binance's official "slip of the hand", $200,000 evaporated in an instant? This one hour revealed the cruelest truth of the bear market
Today, the official Twitter of BNB Chain posted a tweet featuring CZ, like a "little elf on the shelf". The market is so cold that any movement ignites a fire.
Soon, a bunch of similarly named Meme coins popped up. The earliest one surged to a market cap of $200,000. But this was not an opportunity for retail investors; it was a trap set by professional hunters. Data shows that there were 22 preemptively deployed "mouse hole" addresses and 314 wallets using MEV to front-run trades. This is the reality: large funds rely on technology and information asymmetry to strike quickly; you think you are picking up opportunities, but in reality, you are just bait in someone else's eyes.
Before long, the official account deleted that tweet. The coin that surged to $200,000 saw its market cap shrink to just $13,000.
This one hour rollercoaster demonstrates two points:
First, the market currently lacks both money and confidence, and is so desperate that it pounces on any spark;
Second, He Yi had already reminded us, "There's no need to look for angles from the official V or editors; these kinds of Meme coins won’t be worth watching in the future." The official has long wanted to distance itself from this, but the speculative inertia in the market is too strong.
My view is simple: today's incident is a precise microcosm of the bear market. It proves that the current playstyle has become highly inward-looking and institutionalized. In the past, trading Meme coins relied on speed; now it depends on who has the robots, who can monitor the official Twitter for automatic coin releases, and who is better at MEV arbitrage. Ordinary people are completely left behind in terms of information, tools, and speed.
In a bear market, staying still is often better than moving chaotically. If you are really itching to follow this kind of trend, remember three life-saving principles:
First, only use money that you can afford to lose, and be prepared for that money to become worthless instantly.
Second, don’t listen to stories; look at on-chain data. Check if the contract is open source, whether liquidity is locked, and if large holders are too concentrated.
Third, and most importantly, manage your positions well. Don’t always think about making a comeback in one go; don’t expose yourself to risks you can’t afford.
There are always opportunities in the market, the key is to operate calmly. Bai Yue will continue to help everyone monitor on-chain dynamics and move steadily forward together! Follow Bai Yue and participate in every attack by the Bai Yue villagers! Bai Yue will announce specific entry times and real-time news every day in the village!
