Bloodbath in the Crypto Market: Ancient 14-Year-Old 9 Billion Whale Sale Swallowed in Seconds! Is the Bull Market Just Beginning?

1. A Terrifying Moment: Bitcoin Plummets, 700 Million Evaporates, 160,000 Investors Liquidated to Zero

Last week, the crypto market suddenly faced a 'bloodbath'! Bitcoin plunged sharply within minutes, causing the market to evaporate nearly 700 million dollars, with over 160,000 investor accounts going to zero. The single largest liquidation loss soared to 12 million dollars. This 'pinning' event was triggered by sudden large-scale sell-offs, resulting in a chain reaction of panic.

2. The Culprit Behind the Plunge: Ancient Whales from 14 Years Ago 'Changing Cars'

1. A 14-Year-Sleeping Whale Cashes Out 9 Billion, Earning 220,000 Times

At the end of July, a Bitcoin wallet that had been dormant for 14 years suddenly 'woke up' and sold off 80,000 BTC (worth 9 billion dollars) at once. It's worth noting that this whale initially spent only 400,000 dollars to buy the coins, now yielding a return of 220,000 times—equivalent to buying an entire CBD with what could have purchased a house in Beijing back then! However, unusually, this level of selling only caused BTC to drop by 3%, indicating strong market support, and signaling institutional entry.

2. Whales collectively abandon BTC for ETH, 3.45 Billion Funds Switching Tracks

Not just one large investor acted: some sold 20,000 BTC (2.2 billion dollars) and splurged on 450,000 ETH; BTC whales at the 10,000 level collectively sold 30,000 BTC (3.45 billion dollars) within six days, with all funds flowing into the Ethereum ecosystem. This is akin to traditional car company shareholders selling stocks to buy Tesla—not due to pessimism about Bitcoin, but rather betting on the practical ecosystems of Ethereum's DeFi and NFTs.

3. Survival Guide for Ordinary People: 3 Tips to Avoid Becoming Cannon Fodder

1. Stay Away from Leverage! 88,000 People Liquidated Sounding the Alarm

On August 24, another 88,000 people were liquidated due to leverage, totaling 160 million dollars. Remember: The first principle of survival in the crypto market—don’t borrow money to trade!

2. Keep a Close Eye on Big Money Trends, Copy Without Falling into Pits

- BTC: Watch the ETF holdings of institutions like BlackRock and Fidelity;

- ETH: Track staking amounts and Layer 2 progress (like Coinbase staking);

Even after whales lost 14 million dollars, they turned to BTC and MKR, indicating that experienced traders are looking for stable assets—newcomers should avoid chasing trends randomly.

3. Long-term Layout to Capture Key Signals

- BTC: Stabilize above 115,000 dollars for more than 3 days, or a reduction in whale selling;

- ETH: Breaking through 5,000 dollars could accelerate the rise;

Wall Street has already stated: BTC may surge to 150,000-200,000 dollars next year, with ETH targeting 8,000 dollars.

Mr. Jin's Summary: The plunge is a capital blood transfusion, and the bull market has just begun.

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