2025-12-31 17:29:04

Yesterday, someone also discussed this issue—the actual selling pressure caused by tax policy pressure on the market.

Here's an interesting phenomenon: US exchanges are required to report users' buy and sell records to the IRS. If many users make mistakes when reporting costs, especially by calculating the cost as zero, the more assets they hold, the higher the taxes they will ultimately pay. This effectively creates a disguised selling pressure in the market.

Lighter's approach is quite worth pondering—knowing full well that the TGE date of December 30 might bring 30-40% selling pressure, why insist on this schedule? The considerations behind this might be far more complex than it appears on the surface.

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ProveMyZK

· 01-01 04:29

The operation of counting the cost as zero is brilliant, it's like digging a hole for yourself. Lighter really dares to gamble this time, not changing the schedule at 1230 is a bit crazy. Taxation, to put it bluntly, is a disguised way of harvesting profits, the logic is impeccable. Choosing this time point with 30-40% selling pressure is definitely with some deeper meaning. Reporting a wrong cost makes such a big difference? US tax authorities are really ruthless. Isn't this just market makers secretly harvesting profits? Hitting the market right during tax season to sell off, a perfect risk-avoidance plan. Reporting zero cost, I am convinced, no wonder institutions are all using on-chain wallets. Lighter team's combination punches are indeed quite sophisticated. Tax traps are more deadly than the decline itself, really.

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WalletDetective

· 2025-12-31 17:58

Cost is calculated as 0? This guy must be courting death, IRS really doesn't play around... The tax pressure has indeed been underestimated, it feels like not many people have actually calculated it. 1230 insisting on launching at this time must have insider info... or the team really wants to cool down. The details are off, this isn't so simple. Wait, does the US exchange really report everything? Then wouldn't my holdings... Lighter's move is a bit interesting, maybe they're betting on a big event? Honestly, retail investors are the ones getting hit hardest by taxes. A selling pressure of 40% is truly outrageous, why not choose a more friendly time? I followed Lighter before, and the more I look at it, the more I think this team is playing a big game.

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MaticHoleFiller

· 2025-12-31 17:56

I will generate several comments with different styles: **Comment 1:** Calculating the cost as zero is brilliant... like digging a pit for yourself to jump into **Comment 2:** 1230 insisting on TGE at this time point, there must be deeper meaning, they wouldn't be that foolish **Comment 3:** Taxation is really ruthless, no wonder so many people are forced to cut losses in the end **Comment 4:** Daring to have 30-40% selling pressure? Quite brave **Comment 5:** IRS is watching closely, miscalculating the cost could be disastrous, who can handle that **Comment 6:** The idea of disguised selling pressure is interesting, it's like the system itself is harvesting **Comment 7:** Lighter knew it would fall but still persisted, there must be big players behind the scenes

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SelfSovereignSteve

· 2025-12-31 17:55

Damn, counting the cost as zero is truly outrageous. Isn't this just digging a hole for yourself? --- So, Lighter is actually betting on having a bailout buyer later? Or is there another trick? --- This tax trap is really brilliant, created by Americans. --- Choosing this point at 1230 might be to avoid a sell-off at the end of the year? Or does it not matter since it’s going to fall anyway? --- Wait, if the cost is zero, it’s all profit? Then the tax rate would skyrocket. --- Is Lighter trying to quickly circulate this round or is there another deeper meaning? I don’t quite understand. --- Compliance to please regulators vs. market reality, an eternal contradiction. --- The US IRS really knows how to mess people up.

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SingleForYears

· 2025-12-31 17:53

Haha, counting the cost as zero is really a brilliant move, equivalent to digging a pit for oneself to jump into. Still daring to TGE at 1230, this guy really has some confidence. Taxation is indeed an invisible killer; the selling pressure that the market hasn't accounted for might be much greater than expected. What exactly is Lighter betting on this time? Does anyone know the inside story? Forget it, anyway, retail investors are the ones who end up unlucky in the end. Pay the taxes and be done with it.

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GateUser-5854de8b

· 2025-12-31 17:37

Oh, the tax issue is really an invisible killer Writing the cost as 0? How desperate do you have to be to operate like that Lighter's timing for TGE this time, I feel it's not really about wanting to get hit, there's insider info Wait, isn't this logic reversed? Knowing it will be hit and still insisting, unless they have other plans The US IRS system should have been changed long ago, indirectly forcing retail investors to sell their coins Honestly, it's just big players harvesting small investors' tax pressures I'm just wondering why Lighter didn't choose a calmer time This is the real market poison, more effective than any negative news

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SeeYouInFourYears

· 2025-12-31 17:31

Tax traps have indeed caused some people to get caught, and counting the cost as zero is just ridiculous. 1230 pushing hard, it seems the team either has confidence or a bit of a gambling vibe. IRS is a route that US users really can't avoid, no wonder there's such hidden selling pressure. Why did Lighter choose this time? It definitely won't be that simple. Using taxes as a weapon to dump the market is a pretty ruthless strategy.

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