Let’s review this breaking news:
① What happened: The whale 7 Siblings bought 10,792 ETH for $22 million.
② Why it matters: The news is bearish; sentiment and leveraged funds are the first to be affected. The key question is whether selling pressure will continue.
③ What I’ll watch: Whether large-holder addresses show unusual activity, and whether other media outlets follow up with reports.
④ What I’ll do: I won’t buy in yet. I’ll wait for selling pressure to clear and the candlestick chart to stabilize.
Looking at the market, $ETH is currently at 2045.71, down 4.07% over 24 hours, with an intraday range of 2006–2133.48.
Which side are you on? Share your thoughts in the comments.