A slaughter in the crypto circle conspired by greed, algorithms, and human weaknesses
One, the market maker's 'slaughter assembly line': The full process of harvesting from launch to zero
Pump cost < Harvest profit = Retail investors lose everything
Phase 1: Hype period (72 hours before launch)
The market maker creates a false appearance of 'whales entering' through cross-chain transfers (actually self-buying and self-selling).
Social media frenzy: Hire KOLs to release 'insider information', suggesting the project has certain celebrities backing or institutional investment.
Forge GitHub commit volume, fake user growth data (e.g., a certain MEME coin claims 'one million users', but actually has only 3,000 addresses).
Phase 2: Pumping period (first hour after launch)
Use iceberg orders to gradually pump, creating a false appearance of 'buying surge' (e.g., pushing the price from 1U to 2.5U within 5 minutes).
The exchange creates 'server lag', triggering retail FOMO emotions.
Leverage traps:
Open high-leverage contracts, inducing retail investors to go long at high positions.
Phase 3: Selling period (4-6 hours after launch)
Precision blasting:
When Binance's long-short ratio reaches 7:3, sell spot at market price, triggering a chain liquidation of long positions.
Utilize positive funding rate premium (\u003e0.3%), continuously draining longs.
Public sentiment coordination:
Release negative factors like 'team unlocking tokens' and 'regulatory risks', accelerating panic selling.
Two, the fatal weakness of retail investors: the market maker's favorite 'human ATM' model
1. FOMO addicts
Behavior characteristics: Price rises 10%→ 'Missed the opportunity to get rich!'→ Go all in
2. Leverage gamblers
Behavioral formula: Principal 100U → 25x leverage → Fantasy earns 2,500U
Contract data shows that users with 20x leverage have an average survival period of only 9 days.
3. Information refugees
Typical performance: No due diligence done, ignoring on-chain data, with a huge information gap.
Three, anti-harvesting guide: How to use the market maker's knife to cut the market maker's meat? Strategy 1: Ambush short signal
Key indicators:
Contract long-short ratio \u003e 5:1 → Reverse opening short win rate exceeds 70%
The top 10 holding addresses account for \u003e 60% → Ironclad evidence of market maker control
Operation template:
1. On the first day of new coin launch, the order price is set 5%-8% higher than the opening price (target price set by the market maker).
2. Open 25x short positions, set ladder take profit (close 20% for every 3% drop).
3. When the funding rate \u003e 0.1%, add to short position (the market maker is about to dump).
Strategy 2: Blitz attack sniping
Applicable scenario: The first pullback after the market maker pumps (usually a drop of 15%-20%).
Toolset:
Conditional order: Set 'automatically open short when breaking support line'.
Only reduce position mode: Prevent opening a reverse position after liquidation.
Strategy 3: On-chain reconnaissance
Core tools:
Nansen: Monitor the market maker's address transfer behavior (e.g., token transfers to exchanges 48 hours prior).
DeBank: Track Smart Money position changes.
Counter-kill logic:
When discovering that the market maker's address is densely transferring coins to Binance, ambush reverse contracts in advance.
Four, survivor discipline: The three iron rules of picking up gold in the meat grinder
1. Leverage control:
Principal ≤1,000U → Leverage ≤20x
Principal >1,000U → Leverage ≤5x
2. Time circuit breaker:
Daily operations ≤3 times, if single profit >30%, immediately stop trading.
3. Profit locking:
Withdraw 50% for every 500U earned.
Five, the ultimate question: Are you brave enough to become the 'anti-harvester'?
Immediate action:
1. Delete all contract orders with leverage above 20x.
2. Monitor on-chain movements, you can try pinning comments to join the aggregation community for free.
3. Forward this article to that brother who always tells you to go all in, he might be getting harvested by the market maker!
Risk warning: High leverage trading may result in total loss of principal, do not invest funds that you cannot afford to lose.\u003cc-92/\u003e
