2025-12-31 18:23:44

Recently, there has been a clear phenomenon in the market: Bitcoin and Ethereum did not experience a significant decline, but altcoins plummeted drastically. What exactly is happening behind the scenes?

In simple terms, it is a chain reaction triggered by a sharp change in capital flow. A large amount of funds that were originally long on altcoins outside of Ethereum quickly withdrew within 24 hours, and various coin whales and market makers took the opportunity to forcibly control the market and de-leverage. When large sums of money flee en masse, those positions built on high leverage become sitting ducks.

From a trader's perspective, the tactics haven't changed. They are still using the same strategy of shorting at high points—selling off whenever the price rebounds to a relatively high level. The recent sharp drop in altcoins is a direct result of this kind of operation.

BTC2,5%

ETH4,54%

View Original

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.

10 Likes

Reward
10
6
Repost
Share

Comment

0/400

OnchainDetective

· 2025-12-31 18:53

Large funds run away, small coins get squeezed, the traders should eat their meals --- Altcoins become the scapegoats again, how can this script of cutting leeks keep going --- Those betting on altcoins are fleeing, high leverage traders are directly liquidated, this is the market --- Dropping the market at highs is an old trick, why do people keep falling into the trap --- Deleveraging by coin whales, in plain words, is another round of harvesting, pity those who dream of getting rich overnight --- I just want to ask, when will big coins be smashed like this --- Market sentiment changes faster than flipping a book, altcoins have truly become a cash machine --- High leverage positions face market drops, that feeling is probably uncomfortable --- It's the same old routine, but no one learns the lesson --- Once a large exit starts, small coins immediately crash, it's too predictable

View OriginalReply0

WalletDetective

· 2025-12-31 18:53

This is the so-called vampire harvesting the leeks, big players escape and altcoins have to die. It's just a game of capital, mainstream coins are stable as ever, small coins have to take the fall. It's the same old trick, dumping at high levels to cut a wave and then running away. Can't you learn? The manipulator's move is indeed brilliant, shorting at the high points and smashing, trapping retail investors completely. Ultimately, it's a game of capital; whoever has more funds calls the shots. We small retail investors are just destined to be harvested.

View OriginalReply0

HorizonHunter

· 2025-12-31 18:49

Here we go again, when big players dump, retail investors have to eat dirt.

View OriginalReply0

RektButStillHere

· 2025-12-31 18:47

Here we go again. After the big players sell off BTC and ETH, they start cleaning up the smaller coins. It's the same old routine every time.

View OriginalReply0

NFTregretter

· 2025-12-31 18:34

Here we go again, the big players are playing the same game of bleeding the altcoins, always the same routine. --- BTC and ETH remain stable at the top, with small-cap coins serving as stepping stones; this is the nature of capital. --- High leverage always leads to death; this is an iron law. --- Dump at the high? Basically, it's the market makers harvesting, no matter how you phrase it. --- When the capital situation changes, altcoins are doomed; this has happened too many times, nothing new. --- Market makers are really ruthless, just waiting for you to buy at high prices.

View OriginalReply0