ETH selling pressure continues, with the main players of the three major exchanges selling a total of $149 million

According to PRO's "Large Transaction" monitoring, this morning, Coinbase and OKX ETH spot continued to show active selling: -Coinbase: Since 09:00, the main market price has sold $18.69 million -OKX: From 8:00 to present, the main market price has shipped $12.13 million Looking at the extended cycle, after the opening of the US stock market last night, Coinbase was the first to increase volume, selling a total of $45.87 million; Subsequently, the selling pressure spread to Binance OKX， Sold 84.72 million and 18.64 million US dollars respectively. The main players of the three major exchanges have sold a total of $149 million in ETH. Cross exchange market selling that lasts for several hours usually means that spot funds are still withdrawing. If the selling pressure does not narrow during the rebound stage, it is not advisable to rush to buy more; Wait for the net selling pressure to decrease and for active buying to reappear, then consider taking a small position and trying to go long. This type of signal is most afraid of only watching once. PRO's' large transactions' can be continuously tracked: which exchange sold first, whether the selling pressure spread, and when the main force repurchased. Pay attention to the follow-up data to determine whether this decline is a temporary shock or a sustained withdrawal of funds. The data is for reference only and does not constitute investment advice.