Whales fighting, retail investors watching? Wrong! Only by understanding the big players’ 'real money' script can you know whether to buy the dip or run away!
Brothers, today we have another episode of the 'Whale Soap Opera' on-chain! I was watching the data and, wow—two mysterious big accounts (most likely the same big daddy) smashed down 10.95 million dollars 6 hours ago, sweeping up 4455 ETH! The cost price was $2458, now making a small profit of 170,000, just enough to buy a Model Y.
The most outrageous part is that these two addresses operated like 'copy and paste'! The entry time, price, and quantity were perfectly synchronized, clearly showing that it was an organized and disciplined 'brotherly warehouse building'! You call this a coincidence? I don’t believe you! This is obviously big players betting with real money!
But the market always has its A and B sides! Where there are smiles, there are tears:
"Profit-taking king": Another old whale threw 960 ETH, which he held for 3 months, into Binance this morning, making a whopping 500,000 dollars (with a cost of only $1903!), and he still holds 1974 ETH with a floating profit of 1.12 million... This operation makes me envious!
"Reverse operation loses big": Even worse, there are two 'unlucky whales'—
A brother who bought at the peak of $3571 last November, this morning tearfully cut loss on 950 ETH, losing 1.09 million... Brother, can you not chase after highs next time?
Another one is even worse! At the beginning of the year, he exchanged 220 BTC (worth over 20 million dollars at the time) for 6202 ETH, and now he's facing a loss of over 8 million! Recently, he also lost 260,000 playing the swings... This operation is making my head hurt.
So what is the market performing now?
The new whale chased up at $2458, betting that ETH can continue to surge! After all, the US ETH ETF has recently seen money pouring in like a flood, raising 1 billion in just 15 days! Especially BlackRock, taking advantage of the ultra-low management fees, snatched away 160 million in just one day!
Meanwhile, the losing whales are taking the chance to escape, fearing that it won't rise and will fall back again! After all, the range of $2505-2568 is a 'short squeeze concentration zone', with huge pressure! Below, $2426 is the short-term bottom line; if it breaks, it may slide directly to $2327...
My observation:
To be honest, I feel that the new whales' recent moves are more like 'following the big players' – ETF money is flowing in, institutions are entering clearly, and they want to catch the tailwind! But the old investors in the market, just when they break even, want to run, and the pressure is not small... Short-term direction? It depends on who can conquer the $2500 peak!
