Sun Yuchen splurges 1.7 billion to bottom out Ethereum, this operation is too crazy!

Everyone, the crypto world has its jaw dropped again by Sun Yuchen's operation! He actually spent 1.7 billion to bottom out Ethereum, this move is simply extravagant!

From February 2024 to now, Sun Yuchen has been buying Ethereum like a cheat, using several addresses to frantically purchase Ethereum. In total, he bought 377,590 ETH, spending 1.15 billion dollars, with an average cost of 3,051 dollars. By the end of October, he couldn't sit still and bought another 186,110 ETH on Binance and 1inch platforms, spending another 590 million dollars, with an average price of 3,100 dollars. This is not just buying coins, it’s practically “stockpiling”!

This operation inevitably reminds people of May 2021, when Ethereum plummeted, Sun Yuchen accurately bottomed out at a price of 2,509 dollars. Later, when the bull market came, Ethereum rose to 3,775 dollars, and he quickly cashed out, making a direct profit of 2.5 billion dollars. This high sell and low buy operation can be considered “textbook” operation! This time, he is also madly building positions in the range of 3,000 - 3,100 dollars, could it be that a new round of bull market is really about to be ignited by him?

It is reported that Sun Yuchen’s cost for holding Ethereum was as low as 2,509 dollars, and the recent average building cost has stabilized above 3,000 dollars. I have to say, Sun Yuchen's operations are really mysterious, either he is quietly laying out for the next bull market or he is waiting for Ethereum to have an even crazier surge!

However, ordinary retail investors should not blindly follow suit! The crypto world is too deep, it’s hard for us to even drink soup while the big shots eat meat, and if we’re not careful, we might be harvested as “chives”! We still have to be cautious, safeguarding the principal is the way to go! #山寨币交易 #山寨季何时到来 #本周高光时刻 #BTC重返10万 $BTC $ETH