Analyst Tells Investors “Drain Exchanges”
The post Analyst Tells Investors “Drain Exchanges” appeared on BitcoinEthereumNews.com.
MartyParty advises moving $SOL, $SUI, $XRP, $ADA, $ETH, and $BTC off centralized exchanges (CEXs). Claims offshore, unregulated CEXs are in “damage control mode” and prioritize their own reward tokens over users. Predicts L1 tokens will soon be tradable in-kind on regulated platforms without CEX involvement. Crypto analyst MartyParty is telling investors to buy Layer-1 (L1) tokens—think $SOL, $SUI, $XRP, $ADA, $ETH, and $BTC—and stash them in self-custody wallets. In a post on February 25, he issued a strong warning: get your assets off centralized exchanges (CEXs) and into personal wallets, ditching those offshore trading platforms. PSA: Buy all the spot $SOL $SUI $XRP $ADA $ETH $BTC and all precious L1 tokens and store them in self custody in your own network wallet. I’m not a tribalist. I believe in all L1 blockchains and want to see them all benefit the masses. But this is a critical time. IMO: Within… — MartyParty (@martypartymusic) February 25, 2025 He argued that CEXs are in “damage control mode,” looking out for their own reward systems and tokens, not retail investors. He claims exchanges are sucking liquidity from users, making them unreliable for keeping your crypto long-term. His message was simple: “Drain the exchanges and move the L1 assets to Self Custody and DeFi.” Related: Martyparty Shares a Tweet When Bitcoin Pumped When China Spoke The Case Against Centralized Crypto Exchanges MartyParty’s take lines up with growing doubts about centralized platforms. Some experts have cautioned that market makers get token deals at a discount, dump them for profit, trigger liquidations, and crash prices—a cycle that messes up charts and traps regular investors. Once prices bottom out, these players buy back cheap, only to dump again after exchange listings pump up the token’s value. This strategy lets them skip big listing fees, making it a legal…
Filed under: News - @ February 25, 2025 2:26 pm