Why Can't Ethereum Break Through the $4000 Barrier?
After the US election, the movements of the big players exposed the truth of the market.
Sun Yuchen's 19,000 Ethereum suddenly transferred to HTX, and some large holders transferred 11,286 Ether to Binance. What do these actions mean?
1. Profit-taking drama: Ethereum surged from the bottom to $3446, with a rise of up to 20%. But good times didn't last long, and profit-taking began to stir.
2. The most notable is the founder of TRON, Sun Yuchen, who transferred 19,000 ETH to HTX during the rebound. This move directly doused the market with cold water.
3. The open and covert struggle between whales: the market is staging a game between big players: one side is the strong faction that refuses to sell, with one whale directly buying 18,049 ETH, which is a standard bullish signal.
4. On the other side are the profit-takers, with two large holders transferring ETH worth $36 million to Binance.
5. In the cryptocurrency circle, large-scale transfers to exchanges often indicate an impending liquidation. In the face of account changes, we must remain rational. Next, I will announce the potential for the next tenfold coin. For those who have not experienced a true community coin, consider #BabyMarvin! There is no project party, only retail investors and real consensus. Over 700 holding addresses have joined, and the community has also developed partners in Taiwan and Hong Kong. It is said that Hong Kong has a community of ten thousand people. So I got on board 🔥
Ethereum contract ending number: f9c7