15 hours ago, an Ethereum ICO address that had been dormant for 6 years suddenly activated, transferring 5000 ETH (approximately 9.22 million USD) to the market maker Cumberland. This is not all—over the past 22 days, this whale has accumulated a total transfer of 6890 ETH (12.55 million USD), and currently still holds 34,000 ETH (62.45 million USD), which could be sold off at any moment!

What does this mean?

The whale senses danger; such long-term holders suddenly unloading their assets often indicates extreme pessimism about the market outlook or an attempt to lock in profits to avoid the risk of a crash.

This directly leads to a deterioration of ETH's technical outlook, with the price stuck at 1800 USD and unable to rise, RSI breaking below 50, and MACD about to form a death cross. If the whale continues to sell off, the 1500 USD support line might collapse in an instant!

ETH bulls must set stop-losses to guard against the "whale fall effect" triggering a chain reaction of liquidations! #加密市场回调