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The recent 40% surge in CVX has some hidden tricks behind it. According to on-chain data analysis, this rally was not a natural market reaction but was "dominated" by a few bot wallets. Specifically, two particular bot addresses continuously bought to push up the price, forming a rally that looks good but is actually very fragile. Interestingly, the big players have long seen through this trick. Among the top 100 holding addresses, two key addresses have already taken this rise as an excellent "top-take" opportunity — one sold 25% of their CVX, and the other completely cleared 34% of their positions. Such phenomena are not uncommon in the DeFi market; bots create false market enthusiasm, whales and smart money take the opportunity to sell, and retail investors buy in. It is worth noting that when big players start to reduce their holdings, it often signals a market top.
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Damn, major holders are directly fleeing 34%, isn't this a clear sign of a top?
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Always the same routine, false prosperity is the most disgusting.
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Wait, can two robots really move such a large market? Where are you seeing on-chain data?
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Laughing to death, we're about to get cut again.
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I knew this surge looked weird, turns out it was all an illusion.
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Whales start dumping, and it's time to run. This pattern hasn't missed.
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DeFi is like this—looks lively but it's all just tricks.