You might think that those big players don't have many cards in hand, but you're mistaken:
When it comes to information asymmetry,
The big players are experts in staying informed; they have wide networks, are quick to catch news, and can know early and comprehensively about any market movements, as well as what we small retail investors are thinking. But we, on the other hand, can only rely on publicly available news and ponder on our own, which makes it easy to misjudge how many chips the big players actually have.
Hiding and playing tricks,
The big players have many ways to conceal their chips; they might open numerous small accounts, trading quietly on different platforms, or collaborate with others to create a complex web of transactions, making it hard for us to figure out how many cards they truly hold.
Deliberately misleading,
Sometimes, the big players will go out of their way to deceive us. They might release false information or deliberately say things on social media that can be misunderstood, as if they are in a hurry to sell their chips. Upon hearing this, we might panic and rush to sell as well. In the end, however, the big players might be secretly accumulating chips behind the scenes, or they may not have sold much at all.
When it comes to chips, we can easily get confused.
The little techniques and tools we usually use to look at chips are not that reliable. The big players are very cunning; they can make these small tools display incorrect information, and when we see it, we might fall for it again!
So, don't easily think that the big players don't have chips; they are much more cunning than we imagine.
If you want to dig deeper into the crypto world but can't find a clue,
Want to understand the information gap? You can check out my bamboo leaf to learn more
