$ETH
A shocking bomb is coming!
A giant whale stirs up the ETH tide!
With a cost of $3.5, nearly 400,000 pieces of $ETH are accumulated!
Another round of selling attracts attention!
On November 11, a mysterious giant whale has quietly sold 46,853 ETH since November 7, reaping 138.8 million USDC at an average price of up to $2,920!
This big player accumulated an astonishing 398,891 ETH at a cost price of $3.5, totaling about $1.28 billion!
And just 7 hours ago, this sleeping giant whale woke up again, transferring 12,886 ETH (worth about $41.24 million) to the market, preparing for a new round of selling!
After this operation, the giant whale still holds 352,036 ETH, with a total value still reaching $1.27 billion, and its strength cannot be underestimated!
In short, the selling behavior of the giant whale may also have a certain impact on the market. On one hand, a large amount of ETH selling may lead to oversupply in the market, resulting in price declines. On the other hand, the giant whale's selling behavior may also trigger panic in the market, leading more investors to choose to sell, further exacerbating market volatility.
However, we also need to see that the cryptocurrency market is a highly complex and volatile market, and the behavior of a single investor cannot completely determine the market trend.
Therefore, in the face of market events such as giant whale selling, we need to remain calm and rational, analyzing and judging from multiple perspectives.
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