In these past two days, the group has been circulating charts like “a certain stablecoin is set to de-peg,” with a few conspiracy-theory captions, and the emotions get whipped up instantly. To put it plainly, what stablecoins fear most isn’t on-chain data—it’s bank-run psychology: if you think others will run, you also want to run first. Once the bridge gets jammed and the fees jump, panic becomes self-fulfilling. Regulation and audits are actually a good thing, but transparency needs to be continuous and verifiable—not just “here’s a PDF” tossed out every few months. When I’m watching large amounts on the bridge, the thing I find most annoying is that rhythm of “a sudden string of small splits + immediately crossing out.” Just watching it makes my stomach turn. I don’t regret the outcome—I regret that every time I see rumors, my first reaction is still to fumble and click Withdraw… Never mind. I’ll lower the leverage and exposure a bit first, get some sleep, and deal with it later.