Zhu Su: Big players profit from liquidation after luring market makers to take over by using the "sell spot buy perpetual" strategy.

Zhu Su posted that some large holders of a substantial amount of cryptocurrency are adopting a "sell spot/buy perpetual options" strategy, enticing market makers to operate in reverse. Subsequently, these big players deliberately allow the long perpetual options to be liquidated, thereby obtaining a more advantageous exit method than directly selling on the market.

Meanwhile, crypto investor VIKTOR pointed out that the market value of many tokens may be artificially maintained at high levels. He cited as an example that ACT token's market value plummeted from 200 million US dollars to 100 million US dollars within just a few minutes and then continued to fall to 60 million US dollars, evaporating about 70% of its market value within 24 hours.

This incident has once again sparked concerns about price manipulation and authenticity of market values in cryptocurrencies and sounded an alarm for investors reminding them to pay attention to possible artificial interventions in the marketplace.