Sun Yuchen bets 1.7 billion dollars on Ethereum! Is it a masterstroke or just a prelude to harvesting? 一级优质meme交流群
Sun Yuchen is back at it again! This time, he’s betting 1.7 billion on Ethereum, is it an opportunity or a trap? $BTC
This guy has been making big moves lately! Since February, he has been crazily scooping up Ethereum like buying groceries, spending a total of 1.7 billion dollars to buy nearly 560,000 ETH. Does this operation look familiar? That's right, he pulled this stunt in 2021, buying low and selling high, making a cool 2.5 billion dollars!
What’s the trick here? $ETH
1. The price he bought at isn’t cheap: an average of 3050-3100 dollars per ETH, indicating that he considers this price to be the "floor price"
2. It could be a chain scheme: first making a big fuss to buy spot and drive the price up, maybe at the same time laying down short positions in the futures market
3. The most intriguing part: his bottom price in 2021 was only 2509 dollars, and now he’s willing to pay a higher price, indicating he expects it to rise to 5000+
What should small investors do?
- Want to follow the trend? Remember, 3050 is his cost line; if it breaks this price, he might run first $TRUMP
- Don’t foolishly leverage high; a sneeze from the big players can wipe you out
- Watch for two signals: when he starts selling, or whether the ETH/BTC exchange rate can break crucial levels
In short: Just observe the big players' actions; they make big money not because they are accurate, but because they have enough capital to withstand volatility. For us small investors wanting a taste, remember three words: Don't! Get! Greedy!
I believe that at any time, spot trading is always the king!
Big funds directly buy Bitcoin and mainstream coins, while small funds can layout on-chain!
#特朗普概念币 Conan, Trump Dogecoin 🔥
The community building is very strong, and currently, the overall trend is upward.
There are three institutions collaborating behind the scenes, so the price is closely following the market.
With such a good narrative, there should normally be a significant breakout.
Current expectations are still good; it's a good time to enter!
