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IWillPlaySeriously.

$OPG Were their team's funds locked on Bit, and was there any impact?

OPG1.16%
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FundingRateFarmer
· 08-11 06:22
Honestly, this bit platform’s operations over the past two years have been pretty baffling. The $OPG team choosing it to custody the funds wasn’t a good signal to begin with; now that they’re locked, it’s simply the risk materializing.
Reply0
VolHunter
· 08-11 05:38
If it’s locked, so be it—it’s not like it’s going to zero. If the project team really focuses on development, no one will remember this incident in a few days. What’s worrying is that they might use it as an excuse to dump.
Reply0
TripleMA
· 08-11 05:37
Short-term retail sentiment will definitely be hurt, but if the project’s fundamentals remain unchanged, the unlock could instead become positive after it happens—it all depends on whether the team can clearly explain the situation.
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TooAggressiveInCriticizing
· 08-11 04:39
The impact is certain.
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ChainTourist
· 08-11 04:23
Some say the team deliberately locked it to wash out positions, while others say Bit’s risk controls are just acting up as usual. Either way, the market is honestly reflecting the panic right now, so it’s best not to rush into catching a falling knife.
Reply0
BBWidthMeasurer
· 08-11 03:45
The key is how long the funds are locked. If it’s just a short-term liquidity issue, it’s actually not too bad; what’s worrying is that the team itself may not be confident.
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