$DN A bigger conspiracy is on the way~

● Hypocrisy: The official claims third parties are selling, but on-chain data shows the team is selling.
● Insider selling: Tokens worth $1.5 million are transferred from the team wallet and dumped on exchanges, a typical insider cash-out behavior.
● Complex narrative: The lengthy statement is very convoluted, attempting to hide the fact that the “team is dumping” using complex financial jargon (collateral, liquidity providers, market makers).

Advice for everyone:
1. Don’t hold illusions: Don’t believe the promises of “recovering funds and destroying tokens.” The current decline is mainly due to internal personnel leading the sell-off, and trust has already been broken.
2. Beware of the “buyback” trap: If the project team later initiates a “USDT buyback” activity, do not participate. It could be a scam to harvest the last bit of liquidity.
3. Psychological preparedness: Projects involving internal personnel’s moral risks are extremely difficult to recover from. They are likely to remain sluggish or continue to decline.

On-chain data is more real than word games. The team leading the dump and then blaming third parties is a very malicious market manipulation behavior.