The fluctuations of $PNUT in the past few days, along with the sharp ups and downs, have caused many people to lose confidence in Squirrel. Some have cut their losses, while others bought at the bottom and immediately took profits. I am very familiar with this operator's methods; I have been observing it since it first appeared. I saw it surge thousands of times, and I managed to take 8 times my investment before exiting. Their strategy involves violent upward movements followed by consistent declines. Once it drops to a certain level, it will surge again, with each wave being higher than the last. The operator inside has not exited, and I can say with 100% certainty that their cost is around 0.3. They directly purchased over ten million within two days when Squirrel's market cap was not even ten million. They bought frantically, and at the same time, there was Fred OPK. Squirrel's popularity can be considered one of the top meme coins this year. The impact of this price drop is that it has made most people lose confidence, deterred from entering the market, and even if they do, the volatility makes it difficult to stay in. If the operator wants to break previous highs, I think the best way is to shake off more indecisive people at lower levels by violently crashing the price, leading to extreme fluctuations. This method is the most effective and also the most costly. If this is indeed to wash out weak hands, it can only be said that the operator's strength is exceptionally formidable. Their capital is absurdly large; I also checked this operator's wallet. I looked at just three of their wallet addresses, which contained over 2 billion RMB in total. I do not know how many wallets they have. The operator's strength is very formidable, which also corroborates the theory of violent washing. The above is my personal view; I'm just giving a rough idea as typing is tiring. If you have any questions, feel free to ask, and I'll answer.
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