The past couple of days, while chatting with friends, I asked a question: If CZ had taken down FTX back then, and you were a major shareholder of Binance, would you think CZ did the right thing? The answer is no. Some people might think it was for justice or principles, but that’s not the case. My friend @LeotheHorseman pointed out a very critical factor: major shareholders of Binance often hold stakes in more than one platform, and they might even have shares in FTX. From the perspective at that time, after Sam was out, the crypto industry faced suppression, which impacted the overall crypto pie. Looking at it from a broader perspective, especially since Binance and OKX are both Chinese-founded, fundamentally, yellow-skinned Chinese people are part of the same group. I imagine there’s significant overlap among shareholders who hold stakes in both exchanges, and even more overlap among retail investors holding both $BNB and $OKB. No matter how much Star resents Binance, or how much FUD Binance has towards Star, the Chinese community in the crypto world is ultimately one collective group. The back-and-forth drama between the two sides over the past couple of days has made me realize that even these billionaires are just human. It’s not just us small retail investors who have emotions—everyone has emotions. And when emotions run high, you get these pointless arguments with no resolution. From a retail investor’s perspective, what we see is the uncertainty brought by U.S.-China tensions affecting policies and macro conditions, and the Binance vs. OKX drama further worsening market sentiment. Let’s hope the market improves and the world finds peace.