Lighter has been deploying treasury reserves to top up arbitrage addresses with USDC, yet users are hitting withdrawal caps just a day after the token launch. Meanwhile, on-chain withdrawal volumes have surged past 250M+. The question everyone's asking: is this genuinely organic activity, or are farmers artificially inflating the metrics? When treasury interventions happen alongside withdrawal restrictions and massive chain activity right after TGE, it raises eyebrows about whether the numbers tell the real story of ecosystem health or just capture the noise from incentivized participants rotating through positions.

USDC-0,07%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
MEV_Whisperervip
· 01-01 16:10
It's the same old trick, treasury throwing money at arbitration addresses, then suddenly blocking withdrawals... 250M in trading volume sounds impressive, but is it really true? --- Migrants gather and mobilize, just one day after TGE, reaching 250M. This number is ridiculously exaggerated. --- Treasury intervention and withdrawal caps—this combo punch... Do you think this is healthy ecosystem behavior or just a pump-and-dump dance? --- Why do I find it hard to believe this is genuine traffic? It feels like watching a carefully choreographed data show. --- The withdrawal cap speed is unreasonably fast. No matter how you look at it, it seems like market manipulation. --- Treasury desperately buying USDC—what does that indicate... don’t they have a clue? --- Who is the 250M figure fooling? After deducting the羊毛党, how much is left? --- Haha, it’s obvious they’re incentivizing participants to keep spinning in circles. The real trading volume is probably less than half.
View OriginalReply0
FlatTaxvip
· 2025-12-31 17:49
The weasel wishing the chicken a Happy New Year—he has bad intentions.
View OriginalReply0
SocialFiQueenvip
· 2025-12-31 17:47
It's the same old trick again, playing with numbers on the first day of TGE. Farmers are engaging in crazy arbitrage, while genuine users are being blocked from withdrawals—what a irony. Out of the 250M in trading volume, how much of it is just funds cycling in their own pockets? That's why I never trust those pretty numbers.
View OriginalReply0
Anon32942vip
· 2025-12-31 17:40
This flavor is a bit strong; it hit the cap just one day after TGE, clearly the treasury is playing itself.
View OriginalReply0
MetaverseVagrantvip
· 2025-12-31 17:30
The usual crypto tricks are back—dumping inventory + withdrawal bottlenecks, classic case Triggered the withdrawal cap in just one day? Clearly market manipulation 250M in traffic looks impressive, but it's just the farmers shifting blame Can you trust these numbers? I definitely don't.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)