Machi Big Brother Huang Li-Cheng transferred 250,000 $CREAM (12% of total supply) to Binance early this morning, sparking market discussions. Considering that the current trading volume of $CREAM on Binance is only 33.6% of the transferred amount, a full sell-off could impact the price. (Background: Cream skyrocketed 70% in one day. What big plan is Machi Big Brother brewing?) (Context: $CREAM and $Bobaoppa meme tokens skyrocketed! Machi Big Brother: I have become a god, and you ordinary people are not worthy to talk to me..) In 2020, Machi Big Brother Huang Li-Cheng founded the lending platform Cream Finance, and recently, there has been a sudden influx of $CREAM into centralized exchanges, triggering market discussions. Machi Big Brother transferred 12% of total $CREAM to Binance. According to on-chain analyst Yu Jin, at around 5 a.m. today, Machi Big Brother transferred 250,000 $CREAM (worth $4.05 million) to Binance. Looking back three months ago, Machi Big Brother redeemed 498,000 $CREAM from staking, of which 349,000 $CREAM (worth $5.8 million) had already been transferred to Binance, accounting for 12% of the total $CREAM supply (2.92 million tokens). Machi Big Brother transferred 250,000 $CREAM ($4.05M) to Binance 3 hours ago. After redeeming 498,000 CREAM from staking three months ago, he has transferred 349,000 CREAM ($5.8M) to Binance, which is 12% of the total CREAM supply (2.92 million tokens). https://t.co/uVUk1ABftO This article is sponsored by #Bitget｜@Bitget_zh pic.twitter.com/oYr1dNoitZ — Yu Jin (@EmberCN) December 26, 2024 Does it indicate a sell-off? According to Binance's spot market data, the trading volume of $CREAM in the last 24 hours is 84,085.12 tokens, which is only about 33.6% of the 250,000 tokens transferred by Machi Big Brother. In other words, if Machi Big Brother chooses to sell all, his selling pressure would be nearly three times the current trading volume, potentially causing a significant negative impact on the price of $CREAM. However, according to Binance's latest data, the price of $CREAM has only dropped by -0.57% in the last 24 hours, currently quoted at $15.62, indicating that the price is relatively unaffected. This suggests that Machi Big Brother may not have chosen to sell this portion of his holdings at this time. Clearing with positive news? Considering Machi Big Brother's influence on the market, he should be well aware that a full sell-off in the current low trading volume could lead to adverse price effects. Therefore, a greater possibility is that he will choose to partially or fully clear while releasing positive news to minimize market price impact. Notably, this Monday, Machi Big Brother mentioned that $CREAM successfully won a bid at $546,900 on Hyperliquid. As a recently popular on-chain exchange, Hyperliquid has provided rich exposure opportunities for the project, and its wealth effect has attracted much attention. Crypto Rules Everything Around Me $CREAM @CreamdotFinance @HyperliquidX pic.twitter.com/VxaYmJiPp7 — Machi Big Brother (@machibigbrother) December 23, 2024 Market strategy? Additionally, it cannot be ruled out that this is a carefully designed market operation, creating speculation in the market through news of large transfers, thereby testing the market's absorption capacity for $CREAM. Regardless of the truth behind it, Machi Big Brother's operation is bound to have a profound impact on the market dynamics of $CREAM. The subsequent market trends will need to be closely monitored for more official and on-chain news.