Lately, looking at those "coincidental transfers" on the blockchain is getting more and more awkward: two transactions that look like codes, but in reality, many are just path folding. Breaking it down into plain language: who first manipulated the pool, who was casually swept along by the router, who finally landed at the CEX collection address... unraveling it layer by layer, the coincidences aren’t so mysterious anymore, and what’s left is worth paying attention to.

This wave of Meme attention moved so quickly, just one comment from a celebrity and people are chasing after it. I can only say that veteran players’ advice of "don’t take the last step" is really not just for show. After watching on-chain for a while, you realize that those last few "coincidences" are often just poor execution, congestion, and being caught in the middle.

If I hadn’t been obsessive about checking timestamps and intermediate jumps, I probably would have mistaken many normal paths for conspiracy theories... Never mind, I’ll just explain what can be explained first and then sleep.