This time Ethereum was stolen 1.4 billion US dollars. Many people think that it is not worth mentioning in the face of Ethereum's market capitalization of 300 billion US dollars, mistakenly believing that 1.4 billion US dollars can only lower the price of Ethereum by 3000 divided by 14 (which is less than 1%). In fact, this 1.4 billion US dollars, without considering the situation of large institutions just buying in and the manipulator protecting the market, can crash Ethereum to zero about 14 times in 20 seconds. There are approximately 500 million cryptocurrency traders worldwide, with approximately 50 million active users per day. Roughly 5 million habitually place orders, with about 1 million placing orders for Ethereum. Assuming an average order value of 100 US dollars per person, the total order amount for Ethereum is 100 million US dollars. 1.4 billion US dollars can reset Ethereum about 14 times.

Although I haven't been in the currency circle for a long time, less than 1% of the people know this secret. Even many well-known anchors or KOLs don't understand these, because only those who have traded can truly understand. However, the reality is that in order to prevent market panic selling, the big players will definitely hold emergency meetings to increase Ethereum liquidity. They won't allow Black Crane to appear even if they have to spend money to take down the $1.4 billion order themselves.
How did I know all this? Because in 21, a netizen took me to play dice in the primary market. At that time, I bought 40WU of pc coin, and I single-handedly instantly raised the Market Cap from hundreds of thousands of dollars to millions of dollars. It was then that I understood that Market Cap is all fake. The key is liquidity. The worse the liquidity, the more fake the Market Cap. Except for the big Ether, which requires hundreds of millions of dollars to dump, other altcoins including sol can go to zero (without considering market manipulation) with only 10 million dollars or even less. So, I spent 3 million to learn this knowledge, which is a bit expensive, but I share it with everyone for free.
Of course, this pit, my netizen, is undoubtedly on the road to prison. My friend has already reported him to the police, because he has tricked me again in 23 years, making me invest in a project of 2 million RMB without getting a penny back. I guess he is still secretly keeping an eye on me now. In addition, there was a person who defrauded me of 3 million RMB in Beijing 21 years ago. He has been arrested by the Chaoyang District Procuratorate in Beijing last year, and the fraud was sentenced heavily, probably around ten years.
Because I have never cheated anyone out of a penny in my life, so the thing I hate the most is being scammed. I even particularly dislike liars, which goes against my principles. As long as it's a scammer, I believe there will be no good outcome in the end. Every move of the person who cheated me is under my control.
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