A certain ETH whale has been bullish on ETH, holding 76,700 long positions. But just half an hour ago, he sold all 10,745 coins that he had just added to his position earlier today, leaving him with 66,000 coins.

This situation depends on the market: When ETH rose to $4,788 on February 14, this boss was up $43 million on paper, equivalent to casually earning a luxury building; but now, the profits have shrunk to $8.58 million, almost just enough for a small villa.

It seems he got a bit anxious seeing his profits decrease day by day, so he cleared out the newly added positions to secure some gains.

After all, when a player of this caliber makes a move, the ETH price might shake a bit. For us regular players, it feels like watching a large troop start to change direction, so we need to be more cautious and not follow the trend too blindly. $ETH