The veteran captain in the crypto world provides an exclusive interpretation: this wave of institutional trading tactics is simply textbook level! On June 10th, they privately sold 30,000 ETH through Wintermute at an average price of $2,621, cashing out a total of $78.63 million, making a profit of $6.72 million with a 8.91% return in just 15 days. How many people thought it was going to crash at that time? As a result, they turned around and came back strong, last night spending $46.5 million to buy 16,500 ETH, pushing the average price up to $2,818!

If you ask me, this wave of high selling and low buying was executed flawlessly! Since April 27th, they have already raked in $30.45 million in profit, with a return of 23.4%! This is not just trading coins; it’s clearly running a money printing factory! What’s even more impressive is that they went long just 11 hours after selling, indicating that they are not bearish on the market at all. The previous operation was most likely a portfolio adjustment.

However, retail investors should not blindly follow the trend! Institutions have the capital advantage to play T+0, while we small investors chasing highs and cutting losses easily become bag holders. Right now, ETH is stuck at the crucial level of 2800; is it a breakthrough of the previous high or a false breakout? It is advisable to keep a close eye on the subsequent actions of the institutions, as such smart money shifts often indicate major market movements. Remember, in the crypto world, never go against opponents with wallets thicker than $100 million!

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