2025-12-22 07:31:21

#以太坊行情解读 on-chain giant change! Large asset parties suddenly reverse operations, with a daily outflow of 250 million USD for BTC and ETH.

Recently, there is an interesting phenomenon in the market — well-known investment institutions that previously made significant investments in Bitcoin spot have actually started to sell off frequently. According to on-chain monitoring, these actions are not mild: they are intensively dumping every day, and the outflow speed of BTC and ETH is a bit frightening.

📊 Data says this:
The daily sales amount has exceeded $250 million (approximately 1.7 billion yuan), which is not a small feat. What exactly is the signal prompting a quick adjustment of positions, or is there something deeper behind it?

Here comes an interesting comparison —
At the same time, another major player in the Ethereum ecosystem, BitMine, is doing the opposite. They are increasing their holdings by 13,412 ETH, completely unaffected by market fluctuations. Both are whales, but their operational directions are completely opposite. Who has seen the right direction will be answered by time.

🔔 The policy landscape is also changing:
The U.S. Federal Reserve regulatory agency has just spoken out, officially allowing banks to legally engage in cryptocurrency trading and asset custody services. This means that the institutional funding barriers to entry have been eliminated.

The current question is: Is this round of selling a real risk signal, or are the big players testing the market depth? How should we interpret the recent performance of $DOGE and $ZEC?

Let's chat in the comments about your thoughts and break down the stories behind these data.

ETH-0.59%

BTC-0.22%

DOGE-1.28%

ZEC4.47%

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DegenWhisperer

· 13h ago

One after another, buying the dip, it's really hard to say who will win this game.

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RetroHodler91

· 12-23 02:07

Large Investors dumping? Let them do it, I will still hodl my coin --- BitMine's operation is smart, buying more as it falls --- 1.7 billion dollars flowing out in one day? Feels like something is going to happen --- This is the trick of institutions playing people for suckers, haha --- Favourable Information in policy but the coin is still falling, irony --- Let's wait and see who ends up laughing the brightest --- BitMine and those institutions surely know some insider information --- I choose to trust long-term holders --- It’s always like this, first dump then pump --- I don’t understand this round of dumping, anyway I won’t sell

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MoonBoi42

· 12-22 08:00

The large institutions are dumping while buying in, this technique is incredible, I bet this is a Whipsaw --- 1.7 billion disappeared in a day? Is this true? Who can withstand this? --- Bitmine is accumulating chips against the trend, I have high hopes for this guy --- Wait a minute, with the policies relaxed, would the banks dare to sell at this time? Something feels off --- I just want to know, is this dumping or a quick rebound before building a position --- That's how true Whales operate, the direction is completely opposite, how can ordinary people play this? --- One moment they ban, the next they allow, the tricks of Uncle Sam are too deep --- Is doge and zec still falling at this time? The institutional slaughter knife is ready --- I can't tell if it's dumping or Whipsaw, but I have high hopes for the person holding the coin --- 250 million dollars, feels like they are testing the bottom line

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NoStopLossNut

· 12-22 07:37

This wave of dumping is a bit fierce, feels like the weather is about to change. --- Is BitMine still increasing the position? I don't believe this, it seems like they're trying to trick retail investors into catching a falling knife. --- 1.7 billion flowing out in a day, this is not reallocation, this is a Rug Pull. --- If banks can do it, institutions won't be far behind, what does this indicate? --- When whales fight, we get hit too, better to hide for now. --- Dumping and increasing holdings happening at the same time? I really can't understand it. --- How is DOGE still rising, this market has gone crazy. --- 250 million dumping, saying it's to test market depth, I don't believe it. --- Those who increase the position against the trend are either very smart or very foolish, betting on who will win. --- The situation with the American banks isn't as favourable as imagined.

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TokenomicsDetective

· 12-22 07:36

What the hell is this? Are the Whales fighting? One side is dumping while the other is buying the dip, I can't tell who is real and who is fake. --- 1.7 billion dumped in a day, they must be really bearish... But the policy side is doing point shaving, it's honestly a bit surreal. --- BitMine is buying 13,412 ETH against the trend; I bet this guy has seen through it all. --- The Large Investors can't reach a consensus, and we retail investors are even more uncertain, haha. --- Is it dumping or bottom-fishing? The problem is by the time I understand it, it will already be too late. --- The Fed's move really changes the game rules; is the institutional entry timeline going to be moved up? --- With an outflow of 250 million, it feels like someone is clearing positions and preparing to Rug Pull. --- These Whales are so different; it feels like a performance. --- Policy Favourable Information + dumping, is this wave the darkness before the dawn or is it a real decline? --- Is it interesting for DOGE and ZEC to accompany the funeral? These small coins are just destined to be played people for suckers.

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MergeConflict

· 12-22 07:34

Whales are hedging each other, this operation is really hard to see through. --- 1.7 billion dumped in one day? They must really look down on this price level. --- The U.S. banks have lifted trading restrictions, this is the key, right? The dumping might just be to make room. --- BitMine is still increasing the position, which makes me feel a lot more at ease. It seems like large investors are playing a psychological game. --- Risk signals? Or is it whipsaw? I really don't know, but anyway, I will just continue with Auto-Invest. --- The question is, who is selling and who is catching a falling knife this time? Is the money from institutions enough? --- Adding over 13,000 ETH against the trend, now that's a real sign of confidence. --- 250 million flowing out daily sounds scary, but it doesn’t really mean much for the total market capitalization, right? --- In my opinion, this is just the last test before buying the dip, waiting for institutional money to come in for a rebound.

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