📉💥 Sun Yuchen's massive purchase of ETH caused market shocks, and industry superstition accelerated the collapse of Ethereum
Recently, Sun Yuchen's increase in positions has once again attracted the attention of the market. According to reports, Sun Yuchen's address has been buying ETH in large quantities for many consecutive days, and the last increase in positions has added 6,743 ETH, with a total value of 22.3 million US dollars. However, as Sun Yuchen's increase in positions ended, Ethereum ushered in a full-system collapse!
This seems to have become an incredible rule: Sun Yuchen's actions are always closely linked to major fluctuations in the industry. From his announcement of 1CO to Twitter preheating trx, to the announcement of the entry of AI and LSD, every action seems to foreshadow future changes in the market.
However, we must clarify one point: this seemingly mysterious connection is actually a coincidence rather than a causal relationship. Market fluctuations are caused by the combined effect of multiple factors and cannot be simply attributed to the behavior of one person. Sun Yuchen's actions may be only a small part of the market, and market fluctuations are more affected by multiple factors such as the global economy, politics, and technology.
Therefore, we should look at the market rationally and not be overly superstitious about a certain person or a certain statement. Investment is risky and needs to be treated with caution. At the same time, we must learn from history, strengthen risk control, and protect our assets.
I hope that the market will be more stable in the future and investors can get better returns in a rational and stable environment. 📉💥
