A wallet that has made a fortune in the crypto market has recently taken big action - holding over $680 million in BTC, ETH, and SOL long positions, it suddenly dispersed 368,106 ETH (equivalent to $1.08 billion) to 5 new wallets. This operation has attracted market attention.
This is not just a simple transfer. Looking at the history, this Wallet has hit the rhythm correctly at multiple key moments, with a very high success rate. Is this move adjusting position allocation, or preparing for some market change?
Interestingly, the scale of this transfer of ETH is quite considerable, while the long positions in BTC and SOL are still maintained. This strategy of partial transfer and partial holding often reflects subtle changes in the attitudes of market participants towards different assets.
For traders who follow the movements of on-chain whales, such transfer events are indeed worth paying attention to. After all, every move made by a Wallet that can profit in the crypto market in the long run releases market signals.
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DaoTherapy
· 12-22 17:52
Hey, why does this operation feel a bit off... Is it really just rebalancing or is there some trickery going on?
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LiquidityNinja
· 12-22 17:38
Selling ETH and not selling BTC, what is this guy implying...
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NonFungibleDegen
· 12-22 17:29
ngl this whale dumping eth while holding btc and sol is giving major "i know something you don't" energy... probably nothing tho right 👀
A wallet that has made a fortune in the crypto market has recently taken big action - holding over $680 million in BTC, ETH, and SOL long positions, it suddenly dispersed 368,106 ETH (equivalent to $1.08 billion) to 5 new wallets. This operation has attracted market attention.
This is not just a simple transfer. Looking at the history, this Wallet has hit the rhythm correctly at multiple key moments, with a very high success rate. Is this move adjusting position allocation, or preparing for some market change?
Interestingly, the scale of this transfer of ETH is quite considerable, while the long positions in BTC and SOL are still maintained. This strategy of partial transfer and partial holding often reflects subtle changes in the attitudes of market participants towards different assets.
For traders who follow the movements of on-chain whales, such transfer events are indeed worth paying attention to. After all, every move made by a Wallet that can profit in the crypto market in the long run releases market signals.