The market is in a state of panic. FLOW was instantly halved by 42% following the official announcement of a "potential security incident," and panic quickly spread throughout the trading market.

But there is an interesting phenomenon here.

On-chain data monitoring shows that this round of sell-off was accompanied by extraordinarily large trading volume, but the asset transfer data at the protocol level did not show systemic anomalies. In other words, the market is reacting to "fear itself," rather than confirmed substantive issues.

This situation has played out repeatedly in the crypto market. Unverified news triggers extreme declines, often creating opportunities for high volatility—whether it's a golden pit or a deep trap depends on what information you use to make judgments.

This is the value of on-chain data. It doesn't care how price charts move; it directly presents the verified real state through node validation. Until the official comprehensive technical report is released, the data is already there, telling you whether liquidity is truly at risk or if it's just a collective fever of emotion.

**Three practical and usable approaches:**

First, don't rush to make decisions. The official full technical report hasn't been released yet. Going all-in or fully selling off without solid information is often the most costly choice. Let the bullets fly for a while and give the market and the officials some time.

Second, look at on-chain data, not just the price. Asset flows, contract calls, large transfers—these can tell you what is truly happening, rather than what market sentiment is thinking.

Finally, prepare two contingency plans. If the security issue is confirmed to be controllable, the rebound after panic subsides can be quite fierce. But if serious vulnerabilities do exist, you should wait until on-chain data shows clear risk signals before acting.

In the crypto market, real data is always the best hedge. When information is ambiguous and public opinion is noisy, let verified on-chain states guide you.