$ZEN
Chives die from chasing highs
Real chives dare to chase highs, panic sell during big drops
Real chives are those who don't dare to sell during big rises, have expectations set high, and don't dare to buy during big drops, hoping for even lower prices.
Zen is a classic case of tempting high-position chives to enter the market, rising significantly for three days in the name of Grayscale, with chives raising expectations to 100u, 200u, then soaring to 46, retracing to 38, 36 thinking it's a normal pullback, and suddenly a big drop occurs, plummeting to 26.5, a 70% drop, killing a large number of bulls, burying a batch of high-position buyers. Zen's operator is a malicious operator, and everyone should vote to delist Zen. This classic case of harvesting chives in the name of Grayscale is constantly unfolding. Everyone should be more vigilant in the future; the coins bought by Grayscale are mostly likely to be high-position coins, so try to stay away from coins held by large institutions, as they aim to harvest high-position chives.
The 20 million zen is still consolidating at a low position; the operator must be in a tough spot.
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