Let's talk about the behavior of this market maker. There are two default market makers in the industry. One is called "passive market making", which simply provides the thickness of the market opening. There are also robots that automatically trade back and forth near the opening to ensure the 24-hour trading volume of the target and prevent it from being breached by market prices. This is compliant and also a common external promotion for most well-known women in the market. One type is called "active market making", where market makers not only provide market thickness, but also actively communicate with project parties, cooperate with positive and negative factors to actively buy and sell coins, similar to assisting project parties in adding leverage. Of course, this kind of proactive market making business will not appear in public propaganda, after all, strictly speaking, it is non compliant and has the suspicion of market manipulation in the securities market. But in the cryptocurrency industry, people prefer market makers who take the initiative to make markets, after all, they are originally from the grassroots dark forest, and the big brother who can operate is admired by thousands of people, such as @ justinsuntron. You only provide MM with trading depth, and without K-line bursts and drops, it's not stimulating at all. The cooperative relationship between the project party and MM will also greatly affect the trend of the coin price. Behind some well-known classic cases of explosive market making, there are active market making MM figures (otherwise @ DWFLabs would not have risen to prominence). Although I don't know the name of GPS, a market maker listed on Binance, I guess it is most likely engaged in an "active market making" strategy. High selling pressure is too great to protect the market, and selling coins at low levels to attract funds and then pull them back is one of the common strategies for active market making. I have seen some proactive market makers, but what's outrageous is that they haven't bought a penny and have become a big spender. Although to my knowledge, there is no clear regulation in the industry on how to operate active market making, this company does not even install any equipment. Before clarifying whether this is an "active market making" or a "smashing and running away", I think it is necessary for Binance to freeze this account, after all, those who have been smashed and screaming are Binance's own leeks. But now that the panic has passed, if this market maker wants the industry to continue to thrive, they are likely to have to buy back the money they have invested, and their accounts will also be unfrozen. As I mentioned in my previous post, putting this "observation tag" on @ GoPlusSecurity is a bit stressful, probably because Binance hopes that the project team can quickly clarify the pressure from the secondary forces. Once market sentiment stabilizes, it is likely to be removed. I have experienced retaliatory pulling after taking off my hat like Jasmy before, so I picked up some around 0.06 to see if there is any good news.