🚨 Late-night earthquake! Brother Ma Ji frantically sold 786 ETH, can even the faith whale 'hold on'?
Last night, the on-chain data exploded! A well-known address in the circle, 'Brother Ma Ji', suddenly made a big move—reducing 786 ETH in one go, cashing out nearly 3 million dollars! This amount of money is enough to buy a full-price house in many cities 🏠. The action was quick and fierce, making people’s hearts tighten.
📉 Position 'slimming', liquidation line exposed!
With this sell-off, his ETH holdings directly dropped to 3144 ETH (about 9.69 million dollars). But more crucially—the liquidation price was exposed at 3042.74 dollars! What does this mean? As long as the market fluctuates a little bit more, it could touch the liquidation line... This is like dancing on a volcanic crater of contracts 💃.
🔍 Three major speculations: running away, changing positions, or reducing leverage?
1. 'Taking profits' theory: Did he catch some wind of change? Cashing out a portion first to maintain liquidity?
2. 'Changing positions' theory: Funds may be directed towards other potential targets, is the next wave of opportunity brewing?
3. 'Reducing leverage for survival' theory: The liquidation line is too close, is the sell-off for a more stable survival? After all, in the crypto world, surviving is the hard truth.
A single move by a whale often carries more signal significance than a thousand words from retail investors. This sell-off throws a serious question mark at the current market:
🤔 Is this a bearish signal? Or a smokescreen?
Did the big shot suddenly reduce their position, hinting at short-term risks? Or is it just a feint, with bigger plans to come? Especially in light of the recent enthusiasm in the Ethereum ecosystem (such as certain emerging ecological topics), this operation seems particularly subtle.
💬 What do you think?
Should we follow the whales' footsteps and be wary of risks, or do you think this is just a normal fluctuation in the upward trend? Is your faith still steady?
Follow. P. u. P. P. I. e. s.
Feel free to discuss your judgment in the comments!
