Recently, I came across an interesting trading opportunity. Giggle's official Twitter account was hacked some time ago, which triggered a lot of wash trading. I kept some positions here just to see how such sudden events will unfold. When the official account goes out of control, it usually causes panic selling, but it also means a potential low-position entry opportunity. Anyway, I am betting that the panic caused by the hack is short-term, and there will be a rebound after the official statement clarifies the situation. Such event-driven wash trading is often also a good time for smart money to add positions.
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NotFinancialAdvice
· 01-13 04:26
Haha, the official account being hacked is still considered a trading opportunity? You really have some guts.
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PhantomHunter
· 01-13 04:22
I've seen this kind of event-driven drop before; it all depends on how quickly the official response is. If they're slow, it might really fall.
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rugged_again
· 01-13 04:18
Hey, isn't this kind of event-driven trading really risking it all? Dare to buy the dip out of panic from theft, that's really quite ruthless.
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DefiPlaybook
· 01-13 03:58
According to on-chain data, the panic cycle for this type of social media security incident usually dissipates within 72 hours, but the real issue is that — the theft of official accounts itself reflects the project's operational vulnerabilities, which carry a much higher risk factor than short-term market manipulation.
Recently, I came across an interesting trading opportunity. Giggle's official Twitter account was hacked some time ago, which triggered a lot of wash trading. I kept some positions here just to see how such sudden events will unfold. When the official account goes out of control, it usually causes panic selling, but it also means a potential low-position entry opportunity. Anyway, I am betting that the panic caused by the hack is short-term, and there will be a rebound after the official statement clarifies the situation. Such event-driven wash trading is often also a good time for smart money to add positions.