Depends on the context. There are definitely contexts where a white man says n***** and it gives me the sense that he at least fantasizes about killing African Americans.
Similar contexts do occur with trans people and certain groups of white men.
If you were occasionally the target of such veiled threats, it might start becoming hard not to lump less directly threatening instances of similar-ish behavior in with the truly threatening.
Depends on the context. There are definitely contexts where a white man says n***** and it gives me the sense that he at least fantasizes about killing African Americans. Similar contexts do occur with trans people and certain groups of white men. If you were occasionally the target of such veiled threats, it might start becoming hard not to lump less directly threatening instances of similar-ish behavior in with the truly threatening.