Ethereum Foundation Operation Analysis: The Logic Behind Two Large Transfers
Around 6 PM today, the Ethereum Foundation (EFDev) transferred 1000 ETH (approximately 2.4 million USD) to address 0xc061. This address already held 7000 ETH (approximately 1.7 million USD), bringing the total holdings to 8000 ETH (approximately 1.94 million USD).
Half an hour later, the same address suddenly sold 3004.6 ETH at a price of 2430 USD, cashing out 7.3 million USDT (stablecoin), with a single profit of 1.48 million USD. This operation has attracted market attention!
Because:
The operation speed was extremely fast: only 46 minutes elapsed from receipt to sale.
The profit margin is high: based on the current exchange rate, the single profit margin is approximately 25%.
The amount of funds involved is huge: the single operation involved more than 7 million USD.
Three reminders for beginners:
Institutional address movements are worth paying attention to, but do not follow the trend blindly. The stablecoin USDT is a "safe haven" in the crypto world, often used for securing profits. Large transactions may trigger short-term volatility, so set your stop-loss levels!
Not sure how to operate in this market? Follow me, I will provide the strategy, the execution depends on you!