Whale splashes $14.25 million to bottom out ETH and pay off debts! This move is incredible!
On April 25, on-chain data shows that one address purchased 8,012 ETH at a price of $1,779 (total value about $14.25 million) in the past 2 hours and directly used it to pay off debts.
What's even more impressive is that this address netted $159,000 from ETH trades in the past 10 days—steady and ruthless operations, reminiscent of institutional side actions.
What signals should we understand?
1️⃣ Buybacks are not for holding and waiting, but directly for paying off debts, indicating an overwhelming confidence at the bottom;
2️⃣ The average purchase price is lower than the current price, acting early and decisively;
3️⃣ Looking back at the operational rhythm of these 10 days: buying, selling, and paying off debts seamlessly, which may be a precursor to a market reversal layout.
If whales are not running, why are you still hesitating?
The real 'smart money' never lingers too long at the bottom; take action decisively.
