#巨鲸动向 large funds are targeting $ETH again! Recently, there has been a well-performing on-chain address that has been aggressively piling up short positions. This time, they directly dumped 24 million dollars into it, with the opening price above 3300 dollars, and the liquidation line set above 3400. It's worth noting that this account previously had an open short position of 7.3 million dollars that hasn't been closed. Adding the two together, the scale is indeed considerable. Such a scale of operation will inevitably have some reaction in the market. The price may experience some fluctuations in the short term? It's hard to say. However, it must be noted that the movements of a single address cannot determine the overall market trend. Cryptocurrency is inherently full of uncertainty; large orders can indeed affect sentiment, but we must stay clear-headed - don't jump to conclusions just because there is a breeze. The key point is: they are playing a high-leverage game, and ordinary players should not blindly imitate. So what should be done specifically? Here are a few suggestions: Observation is key. Don't rush to enter; first, see if the trend is really forming. The market will give signals. Diversify risk. Never put all your funds on a single direction; this is the fundamental skill for survival. Learn from the ideas, but don’t just copy them. Big players have their own ways of playing and margin for error; we need to base our approach on our own actual situation. There are always market opportunities; the longer you live, the more you can earn. These large movements can be seen as a window to observe market sentiment. Calm analysis and rational operation are the way to survive in the long term.

On November 5th, the market suddenly exploded - a Large Investor directly shorted ETH with 28.31 million USD, setting the liquidation price at 3398 USD. This move is quite aggressive, using 25x leverage, clearly betting on a short-term fall. ETH is now hovering around $3310, and this guy's opening cost was $3303, resulting in a paper loss of over 50,000 dollars. Does it seem a bit precarious? Not really. 25x leverage means he is very confident in his market judgment, but the market has never run in just one direction. Friends holding ETH, don't panic. If the price really starts to surge above 3400, then consider gradually reducing your position or doing some hedging; if the market is ambiguous, it might be safer to just observe. Such Large Investors level operations will indeed stir short-term fluctuations, but the long-term trend still needs to be determined by the fundamentals. Focus on two key positions: whether the support at 3300 USD can hold and whether the pressure at 3400 USD can be broken. Adjust flexibly based on these two signals, it's much more reliable than blindly following the trend. The market always belongs to those who are prepared.

ETF outflow of $219,400,000 yesterday. BlackRock sold $111,100,000 in #Ethereum