#数字货币市场回升 Whale has made a move, over 800,000 USD invested in two coins.

Arthur Hayes has recently made some aggressive moves on-chain, directly sweeping 2 million ENA and 360,000 ETHFI. OnchainLens has been monitoring the whole process, and the trading records from FalconX are right there, with solid data. Looks exciting? Don't rush to jump in just yet.

He currently holds 4.89 million ENA and over 690,000 ETHFI. At first glance, it seems like he is optimistic about the market outlook, but retail investors need to understand one thing: large holders play a game of capital, with position allocation, sources of information, and stop-loss strategies. These aspects are not on the same dimension as ordinary people.

Instead of being excited about others' positions, it’s better to understand what the project itself is doing. How does ENA's liquidity design work? What role does ETHFI play in the ecosystem? These underlying logics are the key to determining whether you can hold on, not how much someone else has bought.

The crypto market is not a place where the big shots eat and leave you with the leftovers. They have enough bullets, while your principal is just that little bit. Following trends and copying trades can easily turn into buying at a high. Calmly analyzing data and making rational decisions is the proper way to survive.