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#CFX The Ethereum swap among market makers is just like a change of dynasty, a bloodbath! Just look at the on-chain data; those ancient whales holding hundreds of thousands or eighty thousand ETH are now fleeing faster than Xu Jiayin before Evergrande's collapse! On the contrary, the new elites in the crypto world are like sharks that smell blood, using hot money to buy the dip like crazy—does this scene look familiar? Didn't the Bitcoin mining tycoons do the same when they cashed out ten years ago?
Back in the day when the Bitmain crew cleared their positions, Bitcoin plummeted from $1200 to $200. How many people called them "the sinners of the crypto world"? But what happened later? When those guys in suits from Wall Street came in, the price shot up to $60,000 like a rocket! Now, these old OGs of Ethereum are just like the Beijing locals who refused to sell their courtyard houses back then. If they don't shake out their "heirloom ETH", how would the new market makers dare to pump the price?
Don't complain about the current sharp decline; it's just like treating poison with a knife! Last year, a post-95 who made a fortune from NFTs stubbornly converted all his 50 million profits into Ethereum, constantly reciting "Old money doesn't die, new money doesn't come." In my opinion, the more brutal this round of reshuffling is, the more incredible the future gains will be—just look at Dogecoin, the founder ran away back then, but now isn't it still being pampered by Musk like his own son?
In short, remember this: in the crypto world, it's always the newcomers who laugh while the old-timers cry. When the day comes that you find Vitalik no longer talking about technology on Twitter but showing off yachts instead, that will be the moment Ethereum truly takes off! As for those OGs who are dumping now... they will sooner or later turn into little ripples on the candlestick chart!
#Crypto Market Correction
#Whale Movement
#US Tariff Increase