Sun has started to withdraw his ETH from multiple channels, with a scale exceeding $3 billion. Some ETH has already been transferred from his H to Binance, while some has been queued for withdrawal from Lido. At the same time, 1.7 billion has been withdrawn from AAVE.

Previously, Sun Yuchen had made small-scale sell-offs, which were inconsequential, but this time it looks like he really intends to take action. However, given these uncertainties, I think it’s possible to take profits at highs; there’s no need to sell at such extremes. One can look for opportunities in other coins.

Now, smart wallets have surpassed whales, and basically, everyone is selling off. Currently, there are no interest rate cuts, and it’s not a bull market. Smart money and whales are unlikely to enter the market; it’s all retail investors or driven by market sentiment. However, a major drop isn’t likely to happen all at once; it’s basically going to be high-level consolidation and range fluctuations. If it were to happen suddenly, not everyone would get rich. Anyway, don’t chase highs; instead, have a mindset or layout to play.