$ENA Alright, you’ve learned to “heal the wound and forget the pain,” huh? The culprit behind the 1011 tragedy is actually still being taken on as a “bag-holder” by people now?!

Have we all forgotten the de-pegging incident it caused as the creator of USDe? Relying on high yields for circular borrowing—pure left-foot-on-right-foot tricks. During the de-peg, it crashed all the way down to 0.65, wiping out how much of people’s hard-earned money? This kind of project with built-in “death spiral” genetics was already credit-bankrupt a long time ago!

Just look at the smart-money data in the backend—it’s downright hilarious! Both long and short are getting killed, with losses across the board! Especially those 500-plus longs, with an average entry price of 0.162. These FOMO chasers have been trapped at the top of the mountain, waiting while the cold wind blows!

The bag-holders up there are as heavy as Mount Tai. If you push it higher, that’s your chance to be handing out money to you—go short decisively!

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