#以太坊大户持仓变化 The truth about trading has never been "mutual benefit and win-win"; essentially, it is wealth redistribution.

Many people talk about Bitcoin, often leaning on lofty concepts like "technological innovation," "financial freedom," and "the next-generation financial system." Frankly, these are just superficial packaging.

The real value of Bitcoin can be condensed into one word: plunder.

The game in the crypto world has never been about teamwork but about confrontation.

Every cent of your profit comes from someone else's loss and pain. Conversely, your loss is directly the source of someone else's profit. There is no truly win-win situation in the market—only plunder, only the survival of the fittest.

This is the reality: if you have 300U principal and short 50U, and your judgment is correct, you might feel exceptionally clever. Meanwhile, a large institutional holder might have 100,000U, simultaneously opening the same 50U long position. Then, the market randomly pulls a long wick: you get liquidated immediately, while they remain unharmed and continue playing. You have already disappeared from the chart, and their operation is just beginning.

Making money isn't about how accurate your trading judgment is; the key is how long you can survive. Small retail traders with less capital die first, while large institutions survive. With the same technical analysis, you are providing liquidity in the market; they are the real predators.

Most retail traders see themselves as "trend followers." In reality, your role is very simple: liquidity provider. When you enthusiastically jump in, others are just exiting with a sell. When you panic and cut your position, the other side is frantically adding to their position. Every emotional fluctuation of yours adds value to someone else's account.

This is not a casino; it is a hellish arena—merciless and brutal competition. One person's strength is too weak; relying on a single boat won't get far. To survive longer in this world, you need high-quality information circles, firsthand market intelligence, and the ability to seize opportunities with truly smart people, progressing steadily.