#Gate广场四月发帖挑战

Based on past experience, whenever major exchanges start openly clashing, the market generally doesn’t feel very stable.

The instances that stand out most are the ones in 2019. Whether it was about platform tokens, data, or contract-related business—once the back-and-forth picked up, the market started to move downward.

In that July surge, it fell from above 10,000 all the way to more than 7,000; the October incident followed a very similar script— the more fiercely they fought, the less the price could hold up.

They fight in the open on the surface, but underneath, liquidity gets drained away.

In the battlefield among the big shots, in the end it’s often retail investors who end up paying the bill.