Ethereum briefly fell below $3,400, causing market uneasiness!
According to reports, a large investor decided to stop losses in the recent market volatility and sold 8,127 ETH that he had accumulated between June 19 and June 21. This decision resulted in him facing an overall floating loss of about $1.15 million. At the same time, Ethereum's upcoming ETF has attracted widespread attention, however, the actions of this large investor seem to suggest that he has little confidence in the market.
In contrast, Justin Sun has demonstrated a completely different strategy and confidence. Since December 2023, he has accumulated more than 410,000 ETH, with a total value of $1.4 billion. The latest data shows that in the last few days alone, Justin Sun's address has purchased about 13,967 ETH, further consolidating his influence in the cryptocurrency market and his commitment to long-term investment.
This comparison clearly shows the differences in how different investors react to market fluctuations and their long-term strategies.
