This foundation can be called a "master of escaping from the top". The last time it sold was at the top of the previous bull market, a large amount of Eth was sold around Eth3800.
This time, 15,000 ETH (worth approximately US$30 million) was transferred to the address marked "Kraken 5" on the chain via the "0x d 864" address!
Many people began to panic. Has it peaked again?
The rise of pepe and other memecions this time has indeed pushed the market sentiment to a small peak. However, this is still a carnival for insiders, and no funds from the outside have come in.
My personal opinion is that the current time period is obviously different from the previous two bull markets. Now it is market speculation, and the flight of copycat funds is already a negative discharge.
If it falls, where can it fall? If it falls, it is the best time to get on the bus and cover your position.
If the pie falls below 25,000, there is a high probability that it will be another gold trap!
If eth falls within 1,400 again, it will also be a good time to open a position without thinking!
So if it falls, it will only fall to around this position at most, so there is nothing to panic about.
The main impact comes from many uncertain factors such as the Federal Reserve's interest rate decision, the U.S. banking crisis, the U.S. government's currency sales, and even the default of U.S. Treasury bonds.
It's impossible to predict, but every investor needs to respect the market and focus on his own position management. The buying and selling of others is other people's position management and has nothing to do with him.
