Recently, people have been using "on-chain coincidence transfers" as a form of mysticism, claiming that transferring to the same address at the same time is insider trading... I see it more as a path that hasn't been broken down. To put it simply, break down the process into three segments: where the money originally comes from, how it is routed, and where it finally lands: hot wallets of exchanges moving in and out, routing aggregators / cross-chain bridges relaying, and then multi-signature or contract positions. Once this chain is completed, it looks like "sudden synchronization." Coupled with nonce, the same batch of gas strategies, and whether the transactions are bundled by the same contract in the middle, you can basically explain 80% of it. The biggest concern on the order book side is fake liquidity; on-chain, it's the same—surface-level alignment doesn't mean the same hand is involved. Anyway, first clarify the path before getting emotional. Modular / DeFi narrative developers are ecstatic, while users are confused—it's actually the same logic: layer upon layer, and in the end, all they see is "why did it transfer again?" Forget it, let's not talk about conspiracy theories.