安静的枯坐

Mo Jian took out the jade tablet from his bosom, placed it on the table, and it made a crisp sound. “$XPL, the only circulating spirit currency in the immortal realm.” He lowered his voice, “Han Li ascended with this.” Han Li sat across from him, his coarse clothing washed to a pale hue, yet his fingertips pinched a silver needle, the needle tip stirring the foam in the tea cup. Hearing this, he raised his eyes, his gaze like two ancient wells, deep and unfathomable. “Immortal realm?” He sneered, “I haven't even formed my Nascent Soul, how can I talk about ascension?” Mo Jian leaned closer, his voice laced with temptation: “You refine pills, draw talismans, kill monsters every day, earning enough spirit stones for your sustenance, yet you can't afford a wisp of heavenly thunder essence. PLASMA is different; one token is worth ten thousand years of spirit milk. If you're willing to bet, watching that K line rise and fall, your consciousness will be tempered like fire, forged into steel.” Han Li did not respond, only threw the silver needle onto the table. Ding——the needle tip pierced the wood grain, trembling three times. That night, he went to the deepest part of the market's dark shop. The shopkeeper was a one-eyed old man, his left eye embedded with a幽蓝 spirit pearl, resembling the flickering wick on the K line chart. “One PLASMA token can be exchanged for three Foundation Establishment pills and an essence of heavenly thunder.” The old man spoke, his voice like sandpaper grinding against iron. Han Li gritted his teeth and pushed the last three bottles of pills from his storage bag over. The spirit pearl flashed, the token fell into the shopkeeper's palm, icy and penetrating, with fine runes floating on the surface, wriggling like a living thing. Returning to his cave dwelling, he sat cross-legged, holding the token in his palm, his consciousness sinking in. In an instant, billions of rays of light exploded, red and green intermingled, the K line fluctuating like mountains. Each pulse felt like a giant hammer striking his sea of consciousness. Pain, a heart-wrenching pain. Han Li bit his tongue, blood flowed down the corner of his mouth, dripping onto the token, which was devoured by the runes. On the first day, he saw the bottleneck of Foundation Establishment, like an iron wall. On the seventh day, a crack opened in the iron wall. On the thirtieth day, the crack burst open, and spirit liquid poured like a waterfall, washing through his meridians. He formed his Nascent Soul. On the night of formation, the tribulation struck, nine purple lightning bolts, as thick as a child's arm. Han Li looked up, the token hovering above his head, the K line transforming into a light screen, swallowing the tribulation whole. The lightning flowed between the runes, surprisingly nourishing his sea of consciousness, causing it to swell threefold. The market buzzed: Han Li bought PLASMA and formed his Nascent Soul overnight. Jun Hou heard this, sitting on the flying boat, sneering coldly. “Just speculation.” He waved his sleeve, “I have two dao partners, one skilled in sword formations, the other proficient in illusions. Han Li, a mere Nascent Soul, dares to compete with me?” Jun Hou's partners were named Liu Yan and Hong Ling. Liu Yan's sword formation could trap spirits, while Hong Ling's illusions could confuse true immortals. Three years later, the Immortal Alliance Great Competition. In the martial arts arena, Han Li wore a green robe, the token hovering at his forehead, the K line coiling around him like a dragon. Jun Hou stood opposite him, his sleeves billowing, with Liu Yan and Hong Ling on either side, sword light and illusions weaving into a net. “Han Li, die!” Jun Hou shouted, unleashing his divine might. Han Li did not dodge or evade, his consciousness surging like a tide. The K line pulsed; each rise and fall corresponded with a refinement of consciousness. He saw the flaws in Liu Yan's sword formation and the intersection of truth and illusion in Hong Ling's magic. He pointed. The sword formation collapsed, the illusions scattered. Liu Yan and Hong Ling spat blood, collapsing to the ground, their eyes filled with horror. Jun Hou's face turned ashen, summoning his life treasure—the Nine Revolutions Mysterious Gold Pagoda. The pagoda had nine layers, glowing golden and reaching the heavens. Han Li stepped forward, the token transforming into a stream of light, merging into the pagoda. The K line soared, the runes on the pagoda reversed, and the Nine Revolutions Mysterious Gold Pagoda flipped upside down, smashing towards Jun Hou. Boom! Jun Hou was crushed into the arena by his own treasure, bones shattered, spiritual power reversing. The whole place fell silent. Han Li bent down, picked up the token, his voice not loud but clear enough to reach every corner: “Jun Hou, what you lost is not a treasure, but your vision.” Jun Hou spat out a mouthful of blood, his voice hoarse: “You... how...” Han Li did not reply, only turned to look at the high platform. The leader of the Immortal Alliance rose, waving his sleeve, and a golden teleportation portal appeared out of thin air. “Han Li, the gate to the immortal realm is open. Do you wish to go?” Han Li turned back and saw Liu Yan and Hong Ling struggling to stand, their eyes no longer filled with hostility, but rather complex emotions. He smiled, walking towards the portal. Inside the door, immortal light soared, spiritual energy like the sea. Han Li stepped in, and behind him, the market, cave dwelling, Jun Hou, and dao partners—all mortal ties receded like a tide. The immortal realm. He stood above the sea of clouds, the token hovering at his chest, the K line transforming into a mark, branding his soul. From then on, Han Li used PLASMA as a foundation, refining his consciousness and mastering creation. A thousand years later, the immortal realm sang praises: “Han Li, the Immortal Venerable, started with a single token, his consciousness reaching the heavens, wives and concubines aplenty, and Jun Hou regretted for life, spending every day facing the wall, afraid to speak of speculation again.” And Han Li, only in the depths of the sea of clouds, smiled at the newly arrived immortals and said: “Want to ascend? First learn to read the K line.”

Chapter One: The Beginning of a BNB In September 2025, Nanshan, Shenzhen.
“Ajie, this is your startup fund.”
CZ pushed a BNB in front of his cousin, his eyes like looking at a gambler destined to capsize.
Ajie, 27 years old, a dropout from the finance department, once interned at Binance customer service for three months, and his greatest achievement was losing his employee badge.
He took that BNB as if he were taking a red-hot knife.
“Cousin, I want to rely on it to marry three wives.”
CZ laughed and sprayed coffee. Chapter Two: The First Encounter with Linea Ajie exchanged BNB for 500 USDT and bet everything on LINEA.

@Morpho Labs 🦋
$MORPHO
Regarding the recent large unlocks of MORPHO, $MORPHO has ongoing large unlocks from strategic partners and seed rounds in October-November 2025, creating supply pressure (total supply 1 billion, circulating about 35.5%). These unlocks will be released linearly (not a one-time cliff), but the cumulative scale reaches tens of millions of dollars, which may exacerbate volatility. Key unlock events: October 21: Foundation unlocks 2.78% (about 1.36 million MORPHO, valued at ~$2.64 million @ $1.95). chainbroker.io October 24: Seed round unlocks 3.34% (about 1.34 million MORPHO, valued at $2.61 million). Subsequent monthly unlocks of 0.24% (2.4 million MORPHO/month, accounting for 2.2% of circulation). chainbroker.io +1 Cohort 2 (strategic partners, 16.8% of total supply): starts 6-month linear unlock from October 3, 2024, to complete 100% by October 3, 2025 (about 16.8 million MORPHO, valued at $32.8 million @ current price). November marks the tail end phase, with an average monthly release of 28 million MORPHO. docs.morpho.org +2 No new cliffs in November: but the tail end of Cohort 2 + founder/DAO linear release (15.2% for founders until May 2028) will increase circulation by 1-2% per month. Total unlock pressure: remaining $115M+ tokens in 2025 (until 2028). coinmarketcap.com Impact: History shows unlocks often lead to 10-25% pullbacks (like AAVE/UNI precedents), but Morpho's TVL growth ($12B) and institutional inflows can buffer against this. X community discussions are mostly reward tasks, with no panic over unlocks. coinmarketcap.com It is recommended to monitor changes in circulating supply.

MORPHO ($MORPHO) based on data from November 12, the price is approximately 1.97 USDT (24-hour increase of about +9.30% to +10%). Market cap is about $700 million. ATH (All-Time High) is $4.17, ATL (All-Time Low) is $0.70. Recently rebounded from the October low, but overall still in a recovery phase, influenced by the DeFi market and institutional consolidation. Below is the K-line chart analysis (daily/1H) using data from the past 30 days.
$MORPHO
1. Recent K-line chart trend overview
Overall trend: Mid-term bear market (down approximately -53% from ATH), but strong short-term rebound.

After the October low of $0.70, a rising wedge pattern formed, with prices oscillating in the $1.90-$2.10 range.

This is the second MEME I bought. The market value was 14K at entry, and that night the market value surged to 148K. The buying logic was that at that time, the buzz around Chinese digital currencies was very high. If there were a lot of Chinese MEMEs in the Binance ecosystem, the Binance universe would be equivalent to the Marvel universe, creating a hotspot IP collection that could integrate other Chinese MEMEs. Unfortunately, after buying, it did not stretch for a long time. Ten minutes after selling that night, there was a huge surge, and after that, I made wrong operations during the pullback. The market enthusiasm and the excitement of the community affected me, leading to constant additions and reductions in positions, from trying to profit from short-term trades to ultimately cutting losses and exiting.

This is my first time buying meme coins, buying 90K at the highest market value of 800K. Before this, I have never played with dogs and have no experience with dogs. Coinciding with the Binance experience, I found that the market sentiment was strong, so I tried to buy a meme coin named 1314. I held it until it went to zero. During this time, the price of BNB reached 1314USDT per piece, and Binance's official Chinese Twitter account retweeted the real-time price of BNB at that time. Taking advantage of this wave of traffic, this MEME experienced a huge surge.

COAI Token Whale Accumulation Analysis (Past 5 Days: October 24-29, 2025) Yes, based on on-chain data, market reports, and social discussions, COAI has shown significant signs of whale (main force) accumulation in the past 5 days. Despite the price dropping from $8.41 to the current $3.92 (-53%), large holders and smart money have continued to accumulate at the lows, suggesting they see the current situation as a 'buying opportunity' with expectations for a rebound. This contrasts with the selling pressure after the unlocking on October 25, where overall net inflows showed an accumulation pattern. Below is a summary of key evidence (based on real-time data from CoinGecko, TradingView, Phemex, and X). Major indicators with on-chain evidence of whale holdings changes: Over the past 3-5 days (since October 24), whale holdings increased by 26.19%, and smart money increased by 31.17%. The top 10 wallets (holding 87.9% of supply) added approximately 3.46 million COAI (accounting for 1.8% of circulating supply), mainly bought at low prices from exchanges. This indicates that the main force is 'bottom-fishing' during the price pullback rather than further selling. Exchange inflow/outflow: Despite 55.69 million inflows to exchanges (+89,691% two-week increase), the net effect is accumulation: smart money bought $88K vs. sold $7K (Binance data). Exchange reserves are decreasing, indicating that funds are shifting from CEX to cold wallets. Futures and funding rates: Net futures inflow exceeded $70M (+740%), long/short ratio 1.01 (bullish bias). Funding rate -0.0735% (shorts dominate, but whale long positions are increasing), showing the main force is building positions. Technical signals: CMF (Chaikin Money Flow) is above 0.06, confirming inflows; RSI shows hidden bullish divergence (47, neutral to bullish), supporting $3.97. Historical patterns: Similar pullback followed by a rebound of +121% to $9.09. Indicator changes over the past 5 days meaning whale holdings +26.19% (added 3.46M COAI) main force accumulation at lows smart money +31.17% (buying $88K) confidence rebound signal net exchange inflow 55.69M, but reserves decreased accumulation > selling futures OI +98.5% to $205.5M leveraged long positions price impact -53% ($8.41 → $3.92) short-term selling pressure vs. long-term bullish X (Twitter) community sentiment past 5 days X mentions of 'COAI whale OR accumulation' up +1,200%, dominated by bullish posts (70%): positive signals: multiple posts stating 'strong smart money accumulation despite price drop' (@0x_nomAI), or 'whales increased holdings by 26%' (retail FOMO). Users predict '$10-15 pump this week' (@raven_calls1), and share 'accumulation phase loading' (@BTCL2_Sync). Negative noise: a few warnings of 'whale dump risk' or 'trap' (@yunus38849204), but overall sentiment has turned bullish (Market Prophit data: retail bearish, but whales bullish). Example posts: @AlastarTrades (October 28): 'Metrics show accumulation, expect upside'; @RenxiaoETHBTC: 'Whale $10M buy → $30M profit'. Risks and opportunities opportunities: Main force accumulation + AI narrative (Q4 testnet) could drive a rebound to $5-6 (short-term), or even $9-18 (breakthrough $11.70). Low circulation rate (19.6%) amplifies upside potential. Risks: Whale concentration (88% supply) makes it easy to manipulate; if it breaks $3.97, it may test $2.15 again. Leverage liquidation $3.97M exacerbates volatility. Recommendations: Monitor BNBScan for large transfers (>100K COAI) and Whale Alert. Set a stop-loss at $3.80 for short-term trading.

Once upon a time, there was a young man named Xiaoming who loved to tinker with investments during his university days. Twenty years ago, he opened his first private banking account at Hang Seng Bank using his parents' savings. At that time, the financial world of Hong Kong seemed like a magical treasure chest to him: stocks, funds, foreign exchange, everything was available. He transferred some pocket money from the mainland, bought some US stocks, and occasionally sent money to overseas relatives, never thinking that the word 'compliance' would haunt him like a ghost. Days passed, Xiaoming graduated and went to work in Shanghai, becoming a white-collar worker. After a few years of work, he saved some money and wanted to explore international investments more. One day, he heard about a popular platform in the mainland called 'Chujin' (which means 'withdraw money'), where he could buy cheap cryptocurrencies and overseas funds. He was so excited that he directly withdrew money from the platform, planning to transfer it to his old account at Hang Seng Bank. Why take a detour? Straight to Hang Seng, how simple! He didn't think much and just clicked 'confirm transfer'. The money quickly arrived, and he happily continued investing. But little did he know, this move was a misstep. It turned out that in the world of cross-border finance, going straight often leads to minefields. The platform's withdrawal did not go through the proper transfer channels, such as Hong Kong's virtual bank ZA Bank, and went directly to Hang Seng Bank's private account, which set off a red flag on the regulatory radar. ZA Bank is Hong Kong's first digital bank, specializing in addressing the 'pain points' of cross-border remittances — it offers low-cost international transfer services (ZA Remit), supports quick deposits in HKD, RMB, and USD, and can avoid many compliance pitfalls. Using ZA for the transfer not only incurs low fees (in partnership with Wise, with transparent exchange rates) but also makes the source of funds appear 'cleaner', avoiding triggering the bank's anti-money laundering (AML) alerts. Xiaoming, of course, was unaware of all this. He continued his little life until this spring. One day, his phone dinged: Hang Seng Bank sent an email saying his account was suspected of 'abnormal transactions' and needed to provide proof of funds. Shortly after, a similar letter arrived from HSBC's private account — 'According to regulatory requirements, the account will be frozen for review.' Xiaoming panicked and quickly searched old records: 20 years of transaction history, proof of savings from university, every small investment... He stayed up late organizing everything, consulted a lawyer, and spent thousands to get help with explanations. But it was too late. A few months later, the decisions from both banks came down: forced account cancellation. The reason was simple — unclear funding path, suspected bypassing of compliance channels. The systems of Hang Seng and HSBC are connected, and the risk control AI of the Hong Kong Monetary Authority (HKMA) is not to be underestimated. When it saw large transfers going straight from a mainland platform to a private account, it automatically flagged it as 'high risk'. Xiaoming was both crying and laughing: this account had been used from the age of 18 to 38, containing his first salary bonus, wedding gifts, and his child's education fund! It was all gone overnight. Since then, Xiaoming learned his lesson. He reopened an account, this time going through ZA Bank. First, he opened a digital account with ZA, which he completed in 5 minutes using his phone, then withdrew money from the mainland platform, first transferring it to ZA (SWIFT code AABLHKHH, with a fee of only 0.95%), and then slowly transferring it to his newly opened Hang Seng account. All compliance documents were in order, and the bank customer service even praised him for having a 'clear path'. Now, he spends a little more time each month checking transfer records, but he feels much more at ease. After all, in the world of finance, compliance is not a burden, but a protective charm. What's the end of the story? Xiaoming is now a loyal user of ZA Bank and has even brought a few friends to open accounts together. He often says: 'Money comes quickly and goes quickly, but if you take the right path, it can last long.' His friends laugh at him for becoming an 'old bureaucrat'. But who knows, the next 'straight to Hang Seng' unfortunate soul might just be them? (As for who ZA is? It is Hong Kong's Zhong An Bank, ZA Bank, a super convenient virtual bank that helps people handle cross-border transfer matters. Without it, many people would suffer big losses like Xiaoming.)