$170 million dumping precursor? Whale pledges 350 million ETH "secretly preparing," crypto market may face bloodshed!
The whale's core strategy is high leverage + precise timing. Its historical operations show that it is good at using market panic triggered by macro events to achieve excess returns through early positioning of short positions or bottom-fishing. This pledge of ETH to borrow USDT may be preparing for the following two scenarios: if the market is expected to decline again due to short-term bearish news, it can use USDT to buy mainstream assets like Bitcoin and Ethereum at low prices, profiting after a rebound. If it currently holds a large number of crypto assets in either short or long positions, it needs to supplement margin to avoid being forcibly liquidated, with USDT serving as a liquidity buffer.
The whale's $170 million recharge has limited overall impact on the crypto market, but its operations serve as a barometer: if the whale continues to bottom-fish, it may boost market confidence and attract retail investors to follow suit; if it suddenly closes its position, it may trigger a chain sell-off. Its behavior of pledging ETH to borrow USDT indirectly reflects institutions' recognition of Ethereum's long-term value, but it remains mainly speculative in the short term.
For ordinary investors, while the whale's operations are eye-catching, blindly following is inadvisable. Avoid using leverage beyond your risk tolerance to prevent liquidation due to extreme market conditions. The essence of the crypto market is a zero-sum game, and the whale's profits often come from the losses of other participants. Ordinary investors should focus more on long-term value investing rather than short-term speculative games.
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