AIA's operation this time is a textbook-level case of play people for suckers.

A mysterious big player started buying on September 25, spending 70,000 dollars to gradually accumulate, and due to poor liquidity, they managed to acquire 110 coins to complete the position. By November 7, the coin price soared directly to 20 dollars — gradually liquidating 2.6 million dollars, which is roughly 20 million yuan in revenue according to the exchange rate. A 97-fold increase from the bottom to the top, the timing was extremely precise.

At that time, when I was suggesting it, it was still over 4 dollars, but now it has dropped to 0.6 dollars, shrinking by 10 times. The market cap is now only 70 million, and many retail investors are still fantasizing that the big players will launch a second wave, but they have already cashed out.

Small market cap coins are the most prone to extreme fluctuations—large capital inflows and outflows can trigger violent oscillations. What seems like a lucrative opportunity is more like a meat grinder. There is indeed a rotation trend in altcoins, but it is important to distinguish which are real opportunities and which are traps. Old coins like FIL and ZEC that are supported by fundamentals tend to have much healthier volatility logic.

The biggest fear in investing is buying high and catching the falling knife, especially with those small coins that suddenly surge.