Tonight's wave of #以太 waterfall actually had early signs!
On-chain data shows that BlackRock deposited 74,000 ETH and 2,257 BTC into Coinbase, with a total value exceeding 400 million dollars.
This kind of action is not rebalancing, but a signal of unloading.
Many people are still fantasizing about "breaking 3000", while A Yi is looking for a position to short. This wave of rise is too sudden, like the final peak before the main force unloads, and sure enough, how it rose, how it fell.
Don't be blinded by short-term fluctuations. When the giant whales send chips to the exchange, retail investors are fantasizing about getting rich,
the outcome often has only one - taking the bait
