Observing the trend of safe over the past two days, it turns out that the arbitrageurs have indeed taken action.

Understand a logic: they are playing an arbitrage game, buying low and selling high to earn the price difference. So what do retail investors gain by following along? More ironically, the arbitrage teams usually keep a portion of their profits as inventory—every time the community generates a wave of hype to drive up prices, they precisely release their chips to suppress the prices.

With this combination of attacks, no floor price of any inscription can withstand it. The liquidity was already weak, and with this mechanized harvesting, the price discovery mechanism has completely failed. The consensus that the project team worked hard to cultivate has ultimately turned into someone else's ATM.

The biggest enemy of the inscription track right now may not be the decline in popularity, but rather these professional players who are skilled at precise harvesting.