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According to Odaily, Onchain Lens monitoring shows that the OTC whale "0xfb7" sent 23,500 ETH ($47.47 million) to FalconX for sale and loan repayment. Currently, this whale holds: - 4,000 cbBTC ($269 million) - 120,380 stETH ($243.27 million) - 29,727 WETH ($60.16 million) Borrowed $97.26 million USDT from Aave.

ChainCatcher reported, according to market sources, LinkedIn founder Reid Hoffman currently holds Ethereum worth $6.1 million in his known addresses, and also owns a Cryptopunk NFT purchased last year for 150 ETH.

According to Odaily, BlockTower Capital founder Ari Paul stated that market makers may indeed engage in short-term operations during weak market conditions, such as slightly moving MSFT or BTC by about 2% to trigger stop-losses. However, such actions are typically intraday games, with prices often reverting within seconds or minutes, and have limited impact on the long-term trends of highly liquid assets like bitcoin ETF. He pointed out that the main reason for the current BTC decline is that early holders have sold tens of thousands of BTC, while market buying power has been insufficient to absorb the supply. Ari Paul believes that while large-scale long-term manipulation is not entirely impossible, it is relatively unlikely and carries high risks. In most cases, market movements that deviate from expectations should not be simply attributed to "manipulation"; investors should optimize their own analytical frameworks. At the same time, compared to "downward manipulation," "upward pushing" is more common across various asset classes.