$币安人生
If you are the absolute big player, how would you use Binance's life, the first Chinese narrative, to make money?
1. Use spot news to sell out quickly? (Even if the current market value is 100 million USD and all chips are yours, selling out would only yield 100 million in profit, which is really insignificant in the crypto world.)
2. Collect enough chips at the bottom, take the majority of the spot chips, use the spot to ignite panic emotions, make a big surge, pull it up to the previous high, attract enough shorts to enter during the fluctuation, continue to surge, force all shorts to passively take over, continue to fluctuate and wash out, continue to surge, strongly break through the previous high, spread by word of mouth, so that even the market aunt can chat about it, attracting a large number of retail investors, slowly selling out during the fluctuations, boiling frogs in warm water, waiting for the next big player to continue to layout.