Garrett Jin, who’s on the same wavelength as Yi Li Hua, just dumped 166,000 ETH into Binance a couple of days ago when the market looked good. With Tom Lee slowing down his buys and Trump dropping news, Ethereum, which had just managed to hold above 2400, has now plummeted below 2300. Just now, Garrett Jin transferred another 78,000 ETH into Binance. Looks like we’re in for another sell-off.
What’s more critical is this guy still holds over 300,000 ETH, and it seems he’s planning to offload them. He and Yi Li Hua previously transferred coins to the same Binance account, and the big boss behind them is said to be the same guy in Hong Kong, holding assets in the tens of billions. Last time, Yi Li Hua leveraged up on ETH and almost got liquidated, and later, the big boss instructed to dump hundreds of thousands, which crashed the price hard.
Now it’s another underling’s turn to take action. I reckon the second coin (ETH) won’t be able to recover anytime soon. If you ask me, it’s better to sell early; those low-cost chips in their hands are bound to blow up sooner or later.
In this market, whether it’s BTC, ETH, or SOL, these OGs who have already made their profits can’t pump it up anymore. Only real money from the old guard accepting and buying in is the future. Wall Street is gearing up to embrace crypto, but with so much good news, the prices are still trash. Ultimately, it’s just that the incoming funds aren’t enough, and too many like them are looking to run.
$ETH #摩根士丹利拟推加密现货交易
What’s more critical is this guy still holds over 300,000 ETH, and it seems he’s planning to offload them. He and Yi Li Hua previously transferred coins to the same Binance account, and the big boss behind them is said to be the same guy in Hong Kong, holding assets in the tens of billions. Last time, Yi Li Hua leveraged up on ETH and almost got liquidated, and later, the big boss instructed to dump hundreds of thousands, which crashed the price hard.
Now it’s another underling’s turn to take action. I reckon the second coin (ETH) won’t be able to recover anytime soon. If you ask me, it’s better to sell early; those low-cost chips in their hands are bound to blow up sooner or later.
In this market, whether it’s BTC, ETH, or SOL, these OGs who have already made their profits can’t pump it up anymore. Only real money from the old guard accepting and buying in is the future. Wall Street is gearing up to embrace crypto, but with so much good news, the prices are still trash. Ultimately, it’s just that the incoming funds aren’t enough, and too many like them are looking to run.
$ETH #摩根士丹利拟推加密现货交易
