CZ just poured cold water on self-custody users, reminding everyone that if you recklessly change the derivation path during wallet software upgrades, it could be fatal.
The incident was triggered by a top player, Davinci, whose multi-signature wallet's balance went straight to zero after the upgrade. It turned out that the software had smartly altered the path for generating addresses. This situation is quite typical in the community; it's like your private key hasn't changed, but the software has reprogrammed your "house number," leaving you staring at an empty room.
This is what is referred to as the "cost of self-custody," with an absurdly high threshold. Although on-chain assets may be safely lying there, if the underlying logic of the wallet changes, ordinary users looking at a zero balance might directly leave the circle. I suggest to all my friends, don't mess around with upgrades for tools that store large amounts of money; if you really need to make changes, confirm the path standards first to avoid the situation where the assets are still there, but you are out of patience. #SelfCustody #CZ #WalletSafety $BTC