The whale transferred 6,300 BTC, worth approximately US$170 million. Although these BTC did not enter the exchange directly, this behavior still caused doubts in the market.

On October 7, Ethereum founder Buterin transferred 1,000 ETH (approximately $1.64 million) to a new address.

Justin Sun also conducted a series of ETH operations, withdrew approximately 3,951 ETH, deposited 20,000 ETH (approximately $36.2 million) into Binance, and transferred 17,255 ETH (approximately $28 million) to another new address.

The behavior of these giant whales triggered doubts and panic in the market. You may worry about whether these giant whales have some special information or whether their actions will have an adverse impact on the market. In this case, market sentiment may become unstable.

Everyone should pay close attention to market dynamics, but also be careful not to panic excessively. These whale behaviors may have various causes and do not necessarily mean that the market will experience large fluctuations. The important thing is to stay calm and make wise investment decisions based on market conditions.