According to ChainCatcher, smartestmoney.eth chose to cut losses according to the monitoring of on-chain analyst @ai_9684xtpa.

It is reported that he opened a position of 8,127 ETH between 06.19 and 06.21, and recharged 3,000 of them (about 10.27 million US dollars) to Binance an hour ago. If all are sold, the loss will be nearly 400,000 US dollars, and the remaining 5,127 will also have a floating loss of 750,000 US dollars.