🔍 On-chain monitoring heavy news! According to the latest data, major bullish investor James Fickel has deposited 20,000 ETH (approximately £50.63 million) into an exchange just 7 hours ago.💰
Today, he continues to adopt a reduction strategy, selling 2,000 ETH for WBTC to reduce risk. Meanwhile, he has also redeemed 26,624 ETH (approximately £67.35 million) from Lido and deposited 20,000 ETH into the exchange. This series of operations shows his response strategy in market fluctuations, possibly indicating a cautious attitude towards the current market.🤔
Market observation:
Increased liquidity: James's reduction actions have attracted market attention, and investors may need to be wary of short-term price fluctuations. ETH vs WBTC: Converting ETH to WBTC may be in search of higher liquidity and better trading opportunities, worth considering for other investors.
In such a volatile market, it is very important to remain flexible and alert! What are your thoughts on James's actions? Everyone is welcome to discuss! 💬✨