Just now during the live stream, everyone asked me if Ethereum can still rise, and I told everyone that the exchange rate is about to drop. The reason is very sufficient.
How did Jeffrey Wilcke, the co-founder of the second largest blockchain in the universe, personally 'crash' ETH?
Let's talk about the big moves of Ethereum co-founder Jeffrey Wilcke. Want to know who is causing the price fluctuations of ETH?
Round One: Precise 'crash' before the bull market
Before the bull market arrived, Brother Wilcke had already taken action! 290,505 $ETH at an average price of $190, directly packed and sent to the exchange. The $ETH worth 55 million USD was played casually like a card game. At that time, the market hadn't reacted yet, and this guy had already made a fortune.
Round Two: The bull market has arrived, but he remains silent
By the time of the 2021-2022 bull market, Brother Wilcke suddenly became quiet. Not a single 61816118574 was transferred. The whole market was frantically sprinting, but he chose to stay put. Did you think he was 'zen holding'? No, he might be waiting for the next big move.
Round Three: The glorious 'return' of 2023
After the bull market, Brother Wilcke finally couldn't hold back! On June 5, 2023, he fired again, transferring 66,300 61816118574 to the exchange in just a few months, with a total value of 189.5 million USD and an average price of $2,859. This operation was a precise strike, giving the market a huge shock.
The grand finale: Still holding 384 million USD
Now Wilcke still holds 106K $ETH, worth 384 million USD. Will he continue to 'crash' the market, or wait for the next bull market to strike? No one knows, but it is certain that every time he makes a move, the market shakes.
Summary:
Jeffrey Wilcke’s series of 'crash' operations have made the market his personal stage. If there are more big fluctuations, don’t forget to take a look at this big shot's wallet address, perhaps the next 'show' is about to begin!
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