Chen Zhi, this Bitcoin holder, has collapsed, and the impact on the crypto circle is also significant. HuiWang Pay has already experienced large-scale bank runs, with USDT trading at a discount. Once HuiWang is taken over or liquidated, the crypto circle will definitely face the impact of liquidity contraction. Moreover, the funds from the Crown Prince system and HuiWang system are not only flowing towards Bitcoin and Ethereum; some altcoins will quickly lose value or even go to zero.