It would be strange if ETH doesn't rise.
400,000 ETH was stolen by hackers. The whole world is watching the hacker's address. The exchange also reported to the police. The police also watched the hacker's address. The major exchanges also watched the hacker's address. Once it was transferred to the exchange, it was intercepted.
Then it can be understood that the hacker cannot sell it in a short time. It is equivalent to a fixed-term pledge.
At the same time, many people on the exchange are worried about the safety of funds and are withdrawing ETH. So now there are two solutions:
1. The exchange spends money to buy ETH from the market to replenish the reserve fund, which will definitely push up the price of ETH
2. Borrow ETH from other exchanges to replenish the reserve fund, which will also cause the ETH reserve fund of other exchanges to decrease. Once the customers of other exchanges want to withdraw a large amount of ETH, other exchanges will also go to the market to buy ETH, which will also push up the price of ETH.
What's strange now is that there is no movement at all for such a big positive ETH? Or are the major exchanges already buying it quietly? My suggestion is that those who have positions can buy some ETH. There must be something wrong when things are abnormal. It may suddenly go up.
400,000 ETH was stolen by hackers. The whole world is watching the hacker's address. The exchange also reported to the police. The police also watched the hacker's address. The major exchanges also watched the hacker's address. Once it was transferred to the exchange, it was intercepted.
Then it can be understood that the hacker cannot sell it in a short time. It is equivalent to a fixed-term pledge.
At the same time, many people on the exchange are worried about the safety of funds and are withdrawing ETH. So now there are two solutions:
1. The exchange spends money to buy ETH from the market to replenish the reserve fund, which will definitely push up the price of ETH
2. Borrow ETH from other exchanges to replenish the reserve fund, which will also cause the ETH reserve fund of other exchanges to decrease. Once the customers of other exchanges want to withdraw a large amount of ETH, other exchanges will also go to the market to buy ETH, which will also push up the price of ETH.
What's strange now is that there is no movement at all for such a big positive ETH? Or are the major exchanges already buying it quietly? My suggestion is that those who have positions can buy some ETH. There must be something wrong when things are abnormal. It may suddenly go up.