$PEOPLE In-depth explanation of the People Zhang Wuji incident (with pictures)

Why has this coin been sideways in the bull market? Why have other coins been rising, but only People has risen and fallen?

Because there is a big account called Zhang Wuji, who holds 100 million RMB of People. It stands to reason that every coin has a big account, but other big accounts are basically dead wallets, and Zhang Wuji is very active. He takes out tens of thousands of U every day to make grids, earns thousands of yuan every day, and has been showing off his position. No selling, no pulling.

You should know that People's dealers are major exchanges. Normally, this kind of bull market would have been pulled away long ago, but Zhang Wuji is a time bomb. People's market value is too small. Once Zhang Wuji sells, it will directly cause People to collapse.

In other words, for such a small market value coin, Zhang Wuji has a position of 100 million, waiting for others to carry the sedan chair, so this coin will not rise, and the rise is also a false rise, and it will eventually return to 0.06, because no one is stupid, and no one will carry the sedan chair for others.

At present, the only way for people to survive is for Zhang Wuji to sell or pull the price, but he will not do so. Even if he sells, we retail investors and dealers can pull it back. The dealers dare not pull the price now!

I joined his group, found his circle of friends, and broke the news to everyone.