I stayed up again and saw a series of large transfers that looked like "coincidences": A sent to B, B transferred to C ten minutes later, and the comment section started speculating about conspiracy... I now prefer to break it down into paths: Is it the exchange's hot wallet consolidating funds, is it the cross-chain bridge replenishing, or is the same person splitting transactions into different addresses to avoid monitoring. The addresses don't speak, but the rhythm tells a story, especially those with fixed intervals and fixed last digits, it's not that mysterious anymore. The twist is, recently everyone has been linking ETF capital flows with U.S. stock risk appetite, and I get caught up in the rhythm too, but when it comes down to the chain, many "stories" are actually just operations and risk control running their processes... For now, staying clear-headed makes it even harder to sleep.