The giant whale lost 2 million and sold off 2B, is it running away or washing the market?

A major investor just cleared over 10,000 2B at an average price of $2,476 within the past hour, with a total value exceeding $26 million.

1. A loss of 2 million in just two days

This 2B was purchased at a short-term high, and as the market turned, it suffered a heavy blow. Selling off resulted in a floating loss of $2 million. This indicates that even major investors cannot withstand the current volatility.

2. Is this a panic exit? Or is it a scheme to lure in buyers?

The clearing behavior may stem from short-term stop-losses, and it cannot be ruled out that it is to free up liquidity for subsequent low buys. Institutions have been frequently adjusting their positions recently, which is worth noting.

3. What are the short-term support and resistance levels for 2B?

The key support is at 2400 below. If it continues to drop with increased volume and breaks below this level, it will further adjust to the 2300 area. In the short term, it's advisable to take a wait-and-see approach and be cautious of false breakouts that lure in buyers.

Follow Mo Ke to understand the trends in advance and not be led by the main forces.