Just saw on the blockchain again those transactions that seem to be "how is it so coincidental, several transactions looping around in the same second," and my first reaction isn't actually conspiracy theory... I now prefer to break it down into several parts: from the exchange to the hot wallet, the hot wallet distributing to several addresses, then into a contract or cross-chain bridge, and finally landing on a "seemingly unrelated" recipient. To put it simply, many coincidences are just paths being folded into a line in your browser.

By the way, I was a bit slow to catch on to the NFT royalty drama; a few days ago I realized that people are arguing not just about "whether to pay" but also about how smooth the secondary market should be... I don't have any strong opinions, I just think that the flow of money on-chain is like emotions—after a few loops, it becomes unclear. It's better to break it down little by little to understand it more solidly.