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聽說某頭部交易所這兩天在BTC和ETH上大舉建倉,短時間內投入巨資。有意思的是——昨天還在砸盤,今天就開始吸籌。這套路挺經典的:先把散戶的多頭給砸出來,然後用大量資金拉盤收割空頭倉位。市場就這樣在機構的一呼一吸間反覆震盪。數百萬級別的資金進場,直接引發了連鎖平倉。這就是中心化交易所掌控流動性的現實——他們既是參與者,也是制定規則的人。