Someone asked me in the comments if I’m again paying attention to the “parallel/sharding” narrative… Well, it’s definitely lively, but honestly I care more about: whether the assets you bought can actually be moved out, and if they are moved out, are they still there. Recently, large on-chain transfers and hot/cold wallet movements on exchanges are interpreted as smart money, but I’ve seen too much of that and it’s starting to make me uneasy. Most of the time, it’s just moving assets around/reconciling/ risk control. If you really want to analyze, don’t just look at screenshots. The surface looks calm, but underneath there are all the exit routes and permission keys—understand these two first before talking about anything else.