This content contains potentially risky contract addresses
Regarding the Chinese government's sale of 790,000 ETH, it was probably a mistake. It is estimated that someone wanted to buy at a low price. According to the on-chain query of 789,534 ETH by industry leaders, most of them had been processed in 2021. This change actually resulted in the collection of 25,757 ETH. In other words, even if it was really a sell-off, it was only these 25,000 ETH, but the market panic had already occurred. After that, Lookonchain, which first posted the message, also deleted the tweet it sent at the time. Hold on to your low-priced chips and don't get thrown off the bus! Don't get thrown off the bus! Don't get thrown off the bus! #ETH🔥🔥🔥🔥
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.