🐋Ethereum giant whale makes big moves! The big player with an average holding cost of $0.31 is selling again? 👀
There’s big news in the crypto world! That super whale holding 100,000 ETH has started selling again recently!
Although this time they only sold 632 coins worth about $1.04 million, the key point is — this person has been selling almost every two days since April, and has now cumulatively sold 4,812 coins! 😱
However, don't panic! This big player still holds 30,189 ETH, and can you guess what their holding cost is? Only $0.31! That’s an absolute bargain! Now that the price of ETH has risen quite a bit, the profit margin for this big player is clear. 🤑
But here comes the key point! Another whale hasn’t been so lucky. They previously went long on ETH and almost got liquidated, and now they have nearly liquidated completely, dropping from 64,792 coins to just 688 coins! This operation is truly nerve-wracking to watch. 😰
So, the question arises, will these whales continue to sell? Will the market continue to be under pressure? The answer is: Yes! But when exactly, no one can say for sure. It could be when the ETH price rises above $1,700, or it could be above $1,800, at which point there may be even more selling pressure.
However, right now the price of ETH isn’t considered high, and there hasn’t been a significant rebound recently. So, the short-term selling pressure might not be too severe. But in the long term, the movements of these whales are still worth our close attention.
Just this morning, I went long on the second coin!
15 minutes for 258 points, safely pocketed $5,000!
To put it simply, in the crypto world, it's a struggle between retail investors and the big players; if you don't have cutting-edge news or first-hand information, you can only be slaughtered!
Want to turn the tables and harvest the big players? 👉速度
Today’s focus:
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