🚨 Whale Collision! One side accumulates 10,000 ETH while the other side frantically dumps 250 million. What exactly is the market playing at?
Just now, a dramatic scene unfolded in the market: two major institutions made completely opposite moves! Crypto mining giant BitMine decisively acted 15 minutes ago, accumulating 13,412 ETH来社区聊一聊
Meanwhile, the world's largest asset management giant, previously the 'bull flag bearer' BlackRock, suddenly turned its guns, with relevant addresses dumping BTC and ETH at a rate of millions of dollars per minute, with a daily sell-off scale exceeding 250 million!
💡 What signal does this release?
This is by no means a simple long-short divergence, but rather reveals the core logic of the current market:
1. Professional players' 'garbage time' operations: BlackRock may be taking advantage of year-end liquidity tightness and weak market sentiment to realize profits or 'suppress prices' in stages, preparing for next year's new round of positioning. Meanwhile, BitMine, being an 'insider' deeply rooted in the industry, may be collecting low-priced chips against the market.
2. Market structure health test: This sell-off is a 'stress test' for the market's real absorption capacity. If the massive selling pressure can be smoothly digested, it actually proves the firmness of the market bottom.
3. Sector rotation preview: This may imply a divergence in preference for BTC/ETH among institutions in the short term or adjustments in allocations for other assets (such as spot ETFs).
History tells us that when giants take opposite actions, it often signifies that the market has reached a critical divergence point. This is not a moment of panic, but a time to sharpen our eyes and seek the starting point of the next trend.
Now one can ambush the Ethereum Musk concept p u p p i e s.
