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Actually, I feel the same way, but this time it's Sun Yuchen selling, and he represents a certain KOL attribute, which might have a slightly greater effect than an ordinary large holder.
But it's only slightly greater. Sun Yuchen selling ETH is essentially the same as a large holder distributing.
It could be Sun Yuchen, or Li Yuchen, or Wang Yuchen; it's just that in Crypto, we don't know who these large holders are.
If it doesn't trigger a collective sell-off, at most it will just be a wave of turnover, which can bring short-term price fluctuations, but it doesn't mean the bull market is over.
After all, when Sun Yuchen bought ETH and got stuck, we didn't see a bull market emerge.
Moreover, it's still the same principle: large holder distribution means the overall trend is upward.

17 tuntia sitten
Many friends asked me if I knew if Justin Sun's sale of $ETH would lead to the end of the bull market. My personal opinion is that I don't know if he really sold and how much, but even so, I have never seen a person end a bull market, and if it is a bull market, it is not that one person's strength is over.
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