In the blockchain world, the concept of Decentralization is often talked about, but what is the actual situation? If the top 10 wallet addresses of a project can manipulate the price at will, then the so-called Decentralization is perhaps just a beautiful slogan.

On-chain data analysis tools provide us with a window into the true state of projects. By analyzing on-chain behavioral logic, we can identify who the real whales controlling the chips are, which operations may have connections, and which accounts are merely superficial retail investors. This analytical capability is crucial for investors.

True security should not come from the hollow promises of the project team, but rather from the investor's own ability to assess whether the project is consistent in its words and actions. We should not blindly trust the project's white paper, but rather learn to see the essence through the data.

In the cryptocurrency market, being prepared is more important than making repairs after the fact. Don't wait until the market crashes to regret not investigating the project's true structure beforehand. Timely understanding of the project's chip distribution and control situation is crucial for making wiser decisions in this rapidly changing market.

While pursuing decentralization, we should also strive for transparency and authenticity. Only when we can clearly see the internal workings of a project can we truly achieve the democratization and decentralization ideals of the crypto world.