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UWU

Fed Up with Repeated 10M Ethereum Transfers — Expecting Another Sell-Off

A recent back transfer of 10 million to Ethereum just happened, and I already expect the usual explanation that it’s to replenish contracts. Exchanges hardly see any activity anymore, yet after these transfers there’s typically a sale. When will the team stop doing this? Fifteen days ago they moved 11 million. These repeated transfers make me very angry. If there’s another sale within two days, I will leave this project. The team sends large amounts to Ethereum frequently. Previously the excuse was that Bitget needed liquidity — but why now? There’s been no GitHub activity for a month, and that looks bad.

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AI Analysis

The opinion highlights a pattern of large on-chain transfers to Ethereum that the author links to subsequent sell-offs. They reference a recent 10 million transfer and a prior 11 million transfer 15 d...

AI Recommendation

Monitor on-chain flows and destination addresses closely. Set alerts for large transfers from project wallets to Ethereum and check whether those funds move to exchange addresses, since exchange depos...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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