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Meitu Cai Wensheng sold 3800 Ethereum At $1400 there are 20

Date:2024-05-04 18:42:21 Channel:Trade Read:
In the digital currency market, every purchase and sale contains infinite possibilities. Recently, a transaction involving Meitu founder Cai Wensheng attracted widespread attention. It is reported that he successfully sold 3,800 Ethereum, and at $1,400, he once held 2,000 Ethereum. This move not only demonstrates his investment wisdom in the field of digital currency, but also reflects his risk control capabilities and market insights. Let’s delve into the story behind this transaction and reveal the fascinating details.
In the digital currency market, every transaction is a battle of wisdom. Meitu Cai Wensheng showed extraordinary investment vision in this competition. He successfully sold 3,800 Ethereums, which was a reflection of his accurate judgment of market trends and decisive actions. At $1,400, the 2,000 Ethereums in his hands had already achieved considerable appreciation, but he was not greedy. Instead, he took action at the right time and obtained greater returns. This timely profit-taking strategy gave him a sure win in digital currency trading, demonstrating his keen awareness of market risks.
Cai Wensheng's successful transaction this time was not only his grasp of the digital currency market, but also his precise handling of risk control. In digital currency trading, risks are everywhere, and how to effectively control risks is a problem that every investor needs to face. Cai Wensheng successfully made profits by taking action in time, avoiding the risks that may arise from holding for too long. His actions fully demonstrated his calmness and decisiveness in high-risk markets and set an example for other investors.
In addition to investment vision and risk control, Cai Wensheng's transaction also demonstrated his profound insight into the market. The digital currency market is subject to frequent fluctuations and unpredictable market conditions, which requires investors to have strong market insights to ensure success. Cai Wensheng was able to make a move at $1,400 precisely because he had a clear judgment on the market trend and seized the opportunity. This keen insight into the market allows him to handle digital currency transactions with ease and obtain huge returns.
In general, Meitu Cai Wensheng’s successful sale of 3,800 Ethereum was not only a digital currency transaction, but also a smart showdown. His investment vision, risk control and market insights all demonstrate his outstanding capabilities in the field of digital currency. The success of this transaction not only brought him huge returns, but also set an example for other investors, which is worthy of widespread learning and reference. In the digital currency market, wisdom and courage are equally important. Only in this way can we stand out in the waves of the market and gain more success.

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Coin Circle (120btc.COM) News: The cryptocurrency market rose rapidly after the US stock market opened yesterday (13th) night. Bitcoin (BTC) broke through the shock range of US$22,000 and continued to climb higher. It once reached its highest level around 23:30. to US$24,500, an increase of more than 8% in the past 24 hours; while Ethereum (ETH) once reached a maximum of US$1,700, and is now trading at US$1,677, with an increase of more than 5.4% in the past 24 hours.

 Meitu Cai Wensheng: Transfer 3800 ETH

Although the crypto market took the lead in rebounding from crises such as the collapse of SVB Bank and the decoupling of USDC, large players seem to be taking frequent actions in this regard. According to Twitter KOL ember monitoring data, Longling Capital, a subsidiary of Meitu founder Cai Wensheng, was tagged
Capital)’s address, a total of 3,800 ETH (approximately $6.27 million) was transferred to Binance this morning and yesterday afternoon.

It is worth noting that Cai Wensheng took advantage of the recent decline in the crypto market to buy a lot of Ethereum. First, when ETH fell to 1,600 on 2/26, he bought 3,000 ETH (a total of about 4.92 million US dollars). Last week, cryptocurrency After the Friendly Bank crashed one after another, causing ETH to fall to 1,400, he continued to buy 2,000 ETH (a total of approximately 2.82 million US dollars).

Today, data shows that Cai Wensheng transferred 3,800 ETH to Binance, which may mean profit-taking in a band; in other words, if calculated based on the average purchase price of US$1,548 a few days ago, Cai Wensheng’s total sales were just two weeks after all the sales. The swing operation can earn nearly $500,000.

 Meitu Cai Wensheng still holds more than 36,000 ETH

However, although Cai Wensheng chose to make a profit analysis of the recent increase, on-chain data shows that the wallet address still has 36,130.539 ETH, with a total value of approximately US$60.9 million.

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