#加密领域市场回调 Behind the single-day big pump: A meticulously designed liquidity hunt?

The market witnessed a magical scene. MMT started at 0.4 dollars and surged to 4 dollars within a few hours—this is not a value discovery, but a naked chip war.

On-chain data is surprisingly quiet, with all trading volume exploding in the secondary market. Money is rushing in like crazy, but where is this money flowing?

🔍 The version circulating in the community is as follows:

A well-known trader heavily shorted MMT before it went live on a major exchange. The market makers caught the scent of blood. In the early hours, the market suddenly moved—prices began to irrationally rise. This was not driven by buy orders, but a precision strike to hunt down shorts. Extremely low liquidity became the best weapon, with prices being violently pushed up, triggering short positions one by one. Once the leverage was cleaned up, the exit channel opened.

💣 The token mechanism of MMT is even more brilliant:

Airdrops cannot be credited instantly, and the selling pressure has been perfectly delayed. A large number of holders have hedged around $0.5, forming a dense short fortress. The manipulators seized this weakness and directly launched a big pump, completely breaking through the hedging positions.

As of now? $114 million in liquidations. Whether it rises or falls, the ones left holding the bag are always those who chose the wrong side. True smart money never goes head-to-head with the market makers.

⚠️ To be honest: This type of extreme market condition is essentially a contest of emotions and chips. If you can't see through the intentions of the main players, don't easily open contracts to go against them.

The operation by MMT this time can be considered a textbook case of a short squeeze. It also proves once again the old saying - in the contract market, a single thought can lead to heaven or hell.