The classic “fishing-style” harvesting textbook.

First, deposit into the exchange so it looks like the market maker is unloading, with a clear signal to short. After the short positions are fully built up, withdraw the coins back to the chain at the same time as pushing the price—shorts get strangled in a chain reaction.

To make this scheme work, there are two key points:

First, the liquidity black hole of CEX. Put in 30.58 million coins, and within 24 hours it can attract a large amount of short-selling capital to come in. Small investors only look at the volume, not the intent, thinking, “The big player is running.”

Second, the information gap between on-chain and off-chain. Whether the coins are on-chain or still in the CEX, ordinary users can’t track them at all. The assessment of “the market maker is unloading” is based on an incorrect assumption—you think you’re seeing everything.

In the past 5 days alone, there have been 20-plus times gains, with a 170% surge within 24 hours. The numbers sound terrifying. But who actually makes money? It’s the person who knows “I’m going to send 30.58 million coins in first, then withdraw them,” not the retail crowd chasing the pump and getting slaughtered.

What’s even more ironic is that this tactic has already been played out in the crypto world long ago—every time, people get fooled. It’s not that the small investors are not smart, it’s that human nature doesn’t change: seeing a big rally makes you want to chase, seeing a dumping makes you want to short.

RAVE? Replay Attack Victim, wait and see.#Gate广场四月发帖挑战 $RAVE