These past couple of days, I've been looking at the reserve proofs of stablecoins, and the more I look, the more I want to sigh: when de-pegging happens, people simply don't have time to study the reports, their only thought is "run first, talk later."

In essence, runs are just emotional contagion; transparency helps, but it's more about "not feeling guilty during normal times" rather than "stopping the bleeding when something goes wrong."
Last night, I was frantically refreshing/retrying on the on-chain tools, waiting for the labels to update, like waiting in line to buy bubble tea...
As a result, many address labels are still being criticized for lagging behind or even misleading people.
Anyway, my current approach is pretty timid: smaller positions, more diversification, and if I want to sleep well, I can only do this.