Whale Action! Abraxas Capital has poured 42,300 ETH, worth $155 million, into the market. Is the wind about to change?
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On-chain monitoring data shows that addresses associated with Abraxas Capital Mgmt have deposited 42,300 ETH to exchanges in the past 6 hours, totaling a staggering $155 million! Even more exciting, five days ago they withdrew 70,000 ETH from B*** at an average price of $3,333. If they sell all this time, a single transaction could yield a pure profit of $13.76 million!
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Is this whale-level operation simply arbitrage, or part of a deeper market strategy? Will the ETH market fall into panic due to the sudden increase in selling pressure, or will it usher in a larger speculative trend? Capital flow indicates that whales have taken action, and the storm may be just around the corner.
Keep up with the market rhythm and seize the next opportunity! Follow Ame, as the undercurrents of the market will not be overlooked! #比特币走势观察