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Recently, the group has been arguing again, "The on-chain data is all there, still not convinced," I can only say... what you see on the chain might also be late. Slow node synchronization, RPC queuing delays, index services re-blocking/reorganizing, by the time you see the "latest," it might already be several minutes behind, and even the same transaction shows different times in different tools. To put it simply, it's not the chain deceiving you; it's like your telescope has fog on the lens.
Previously, the same applies to the economic collapse points of blockchain games—inflation + studio wash trading + coin price spiral. Many people only react after seeing the "confirmation" on the dashboard, but by then, the flowers have already withered. Anyway, I now watch the capital flow running through two RPC providers simultaneously and compare. When anomalies occur, I first treat them as delays or index glitches, and don't rush to draw conclusions... Data doesn't lie, but the pipe you connect to the data can be quite deceptive. Don't argue in the group; first, understand your toolchain before being stubborn.