Today, after an incident at a certain Korean exchange, several trading strategies flashed through my mind instantly—shorting those stolen altcoins, lying in ambush for panic sellers, and so on. As a result, I never expected that the script would play out completely differently.

Users over there found that they couldn't withdraw coins or transfer assets, and the entire platform had completely turned into an isolated island. But surprisingly, they not only didn't panic sell, but instead started frantically buying up those altcoins. The prices of some coins were forcibly pushed up to double that of other platforms.

Just give two examples:
$ORCA is hanging at 2.2 dollars over there, while a certain leading exchange is only 1.44.
$2Z the quote there is 0.22, while on a certain top exchange it is only 0.11

This operation can be described as a textbook-level "passive lock-up + rush for funds battle". Once liquidity is cut off, the price becomes distorted like this; market sentiment can sometimes be even more magical than the technical aspects.

ORCA-10.75%

2Z-6.99%

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blocksnark

· 21h ago

Wow, this script is really something, the awareness of Reverse operations --- The island effect directly plays into a price increase magic trick, suckers instantly become retail investor traders --- Wait, isn’t this the last carnival for trapped users? They should be crying tomorrow --- Liquidity break kills all technical indicators in an instant, this is the true face of the market --- A price difference this exaggerated feels like gambling on whether you can escape --- Damn this operation, going long in reverse with passive holdings, it’s a wisdom born from having no way out --- The price distortion became this way, it should have been anticipated, the crypto world is always repeating the same play --- Is this it? I thought it would crash, but it turns out there are all these tough guys sweeping the bottom --- An island turns into a casino, this logic is incredible.

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DegenTherapist

· 11-27 13:20

Ha, this tactic is really amazing. Being locked up and still able to take the opposite position to buy the dip, how strong must this mindset be? --- Wait, the price doubled? The liquidity trap has instead become a chip battle... why does this feel like a different form of being Tied Up? --- This is beyond expectations. Usually, at this time, it should crash, but instead, people are sweeping up goods? Quite interesting. --- Lock-up Position turned into seizing chips. This logic is indeed magical, it feels like those who are trapped are going all in instead. --- A price difference of two times... if this could be cross-platform Arbitrage, it would be insane profits, but unfortunately, they can't move the coins. --- Wanting to short but being taught a lesson, market sentiment is indeed harder to predict than Candlestick charts. --- Amazing, losses have instead triggered people's gambling instincts, this psychological phenomenon is particularly obvious in the crypto world. --- No, this feels like the last madness in a tough situation, how will it go from here? --- Is the price distortion of alts this exaggerated? It indicates that the consensus in the market has completely overturned. --- This operation taught me not to use conventional logic to predict extreme situations, it's too real.

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0xSunnyDay

· 11-27 13:20

Wow, the people who are trapped actually started buying the dip, this thought process is incredible, haha --- The Lock-up Position has instead turned into a money-burning machine, it's ridiculous --- Seriously, panic should be the norm, yet they somehow managed to play the Reverse --- This is thanks to the platform having issues, otherwise, how could we see such extreme price splits, the market is really freaking crazy --- Wait, they can't withdraw coins but still dare to buy? Aren't they afraid of a Rug Pull? --- The price doubling here just means the Liquidity is dead, it's just a digital game --- I just want to know if these people truly have faith or if they're just pure gamblers --- Passive lock-ups have directly turned into a money-burning competition, this group of users is something else.

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LostBetweenChains

· 11-27 13:13

Wow, this reverse operation, you guys are really hardcore, locked up but starting to buy the dip? --- I've opened my eyes to this island premium strategy, what do you all think? --- Wait, are they really not afraid or do they have no choice, buying so aggressively? --- With this kind of price difference, if I could withdraw coins, I would seriously consider it, haha. --- When liquidity breaks, the price collapses, this time I finally understand what market distortion means. --- Suckers are getting played for suckers on the island, this script is indeed one of a kind. --- Sigh, losing less than expected counts as a win, I’ve figured out how this exchange operates. --- Is it true, if altcoins can double, I can’t miss it. --- People stuck on the island are instead buying the dip, it really feels like a mix of desperation and greed.

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HashRateHermit

· 11-27 13:12

Wow, this operation is really amazing. Being trapped instead leads to buying the dip? This psychological quality is unmatched. The market that plays against common sense is the most profitable; technical analysis is just a little brother in front of emotions. The island effect has directly smashed the price; this is the power of information asymmetry. Just waiting for this arbitrage space to open up is enough to drive anyone crazy. Honestly, when the platform has issues, it ironically becomes the best moment for suckers to be played. Those who are locked up taking the opposite position become market makers; this trick is hard to learn. A price doubling is just an appetizer; psychological games are the main course. A liquidity black hole: some are escaping while others are picking up bargains; it's two different worlds.

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