KZG Crypto
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Ethereum ICO whale suddenly sold 2300 ETH, cashing out 9.91 million USD, with swift and decisive action.
Don't forget, this participant's initial cost was only 6200 USD, and is now worth over 86 million USD.
Choosing to reduce positions so precisely when Ethereum recently broke through the 4300 USD high demonstrates this whale's keen ability to grasp market cyclical peaks.
On the other hand, such large-scale cashing out by seasoned investors typically indicates that there may be some short-term retracement pressure in the market.
But we also shouldn't forget that seasoned investors like Arthur Hayes have been continuously increasing their holdings in ETH and DeFi blue-chip assets during the same period, suggesting that overall market sentiment may still be optimistic.
Investors should closely monitor subsequent capital flows to determine the true direction of the short-term market.
Don't forget, this participant's initial cost was only 6200 USD, and is now worth over 86 million USD.
Choosing to reduce positions so precisely when Ethereum recently broke through the 4300 USD high demonstrates this whale's keen ability to grasp market cyclical peaks.
On the other hand, such large-scale cashing out by seasoned investors typically indicates that there may be some short-term retracement pressure in the market.
But we also shouldn't forget that seasoned investors like Arthur Hayes have been continuously increasing their holdings in ETH and DeFi blue-chip assets during the same period, suggesting that overall market sentiment may still be optimistic.
Investors should closely monitor subsequent capital flows to determine the true direction of the short-term market.
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