I just came across an explosive piece of news that I need to discuss with everyone.

That legendary holder from the ICO era, an ancient player holding over 250,000 ETH, recently transferred 23,000 coins to the exchange in the past week and is said to be clearing another 3,000 coins. This brother entered the market at a cost of only $0.31, and now he is cashing out nearly $70 million – sounds like a printing machine?

But I have to pour a bucket of cold water: this matter is not that simple.

What does concentrated selling by large holders mean? A sudden increase in market supply inevitably puts pressure on prices. More crucially, there is a chain reaction on the psychological level—when retail investors see news of "whales fleeing," panic will spread like a virus. Many will fall into the thinking trap of "If they have all run away, why should I stay?" The result is a stampede-like sell-off, and in the end, it's us ordinary participants who get hurt.

So my advice is very clear: friends holding ETH should not rush to act. Take a few days to look at the on-chain data and confirm whether there is really a large-scale outflow of funds before making a decision.

As for the future market? The price pressure in the short term is objectively present. The profit-taking by giant whales itself is a signal - they believe that a temporary peak has appeared. However, looking at it over a longer period, the ecological construction and technological iteration of Ethereum are still progressing, and these fundamentals are still supportive. A price correction may create an entry opportunity, but it is by no means