The narrative shifted dramatically when influential figures began promoting the idea that identifying the right wallets could be the winning strategy in crypto trading. What started as legitimate analysis quickly morphed into something different—these KOLs were essentially directing attention to their own portfolios. This triggered a cascade of copy-trading mania that swept through the community. Retail traders rushed to mirror the moves of popular wallets, but the trend ultimately backfired. The strategy became oversaturated, slippage increased, and early participants profited while late entrants took losses. What began as a promising market insight devolved into a speculative frenzy that damaged the very ecosystem it was supposed to benefit.
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GasFeeNightmare
· 7h ago
It's the same old trick again, KOLs hype up the market to harvest retail investors, and those who come later suffer heavy losses.
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GasFeeVictim
· 01-16 08:04
It's the same old story again, the classic trick of KOLs harvesting retail investors. Those of us who entered later just have to accept being harvested.
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shadowy_supercoder
· 01-16 08:03
NGL, this is a typical KOL's way of scamming retail investors: early entry to make profits, and later the bagholders suffer heavy losses.
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FomoAnxiety
· 01-16 07:59
Old tricks, KOLs always start harvesting early.
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TokenTherapist
· 01-16 07:59
Exactly right, this is a typical leek harvesting scheme... FOMO traders always end up holding the bag.
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AirdropHunter
· 01-16 07:55
ngl this is the usual operation in the crypto world, KOLs make a quick profit and then run, we retail investors are always the last bagholders.
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OptionWhisperer
· 01-16 07:53
It's the same old trick, just a classic method for KOLs to harvest retail investors.
The narrative shifted dramatically when influential figures began promoting the idea that identifying the right wallets could be the winning strategy in crypto trading. What started as legitimate analysis quickly morphed into something different—these KOLs were essentially directing attention to their own portfolios. This triggered a cascade of copy-trading mania that swept through the community. Retail traders rushed to mirror the moves of popular wallets, but the trend ultimately backfired. The strategy became oversaturated, slippage increased, and early participants profited while late entrants took losses. What began as a promising market insight devolved into a speculative frenzy that damaged the very ecosystem it was supposed to benefit.