SonicLabs management changes

Management turmoil, at other projects, is mostly just a bearish signal, but at SonicLabs, it's like handing a knife to the shorts.

I'm convinced.

Earlier, I thought Andre's approach would eventually cause internal team collapse, but I didn't expect it to happen so quickly, and once the news broke, the market directly voted with its feet.

$LINK is still hovering around 7.97, climbing less than a point, but the order books for those small coins in the $Sonic ecosystem have completely dispersed, and depth is instantly pierced upon contact.

What annoys me most isn't the news itself, but the liquidation data.

For contracts $EDGE and $UP , the 24-hour funding rate spiked to 9.44%, with 19x longs being mass liquidated around 0.38.

I stared at that liquidation list for a long time—this isn't retail behavior; someone knew the news in advance and set a trap with long positions to trap others.

My only thought at the time was: such management news can't be hidden on-chain.

I already mentioned in the group before that $Sonic 's technical route was fine initially, but once more people join and factions form, even a fast chain can't withstand internal friction.

Andre's approach is too idealistic, and the community is too emotional—when these two collide, we get the current situation—regime change, old positions first explode.

I'm not in a rush to open new positions now; I want to see if, after this round of liquidations, the team can produce something substantial to stabilize the situation.

Until there's a new governance signal, liquidity in the $Sonic ecosystem will only continue to shrink, and funds will flow back to $ETH and $BTC to seek safety.

Do you think this wave in $Sonic is a shakeout or the prelude to a collapse?

Management turnover doesn't really affect the price; it affects trust. Funds move faster than people, and once liquidity shifts, it's very hard to get it back in the short term.

In the future, the divergence between strong and weak projects in the copycat sector will become more extreme. Ecosystems without fundamental support will see funds concentrate on a few more certain main chains. #我的Gate交易时刻 #预测世界杯德国VS科特迪瓦 #STRC跌破面值11%创上市新低