According to PRO's "Large Transaction" tracking, from 18:16 to 18:54, Binance ETH was the main spot seller, with a total of 7 large market price buy orders completed, totaling $7.87 million, with an average buy price of $1724.99.
Subsequently, funds from multiple exchanges followed suit simultaneously. Hyperliquid ETH/USDC perpetual and HTX ETH/USDT perpetual have successively seen intensive large-scale market buy orders, with the main players trading $72.97 million and $17.67 million respectively.
From the perspective of fund behavior, the main force is actively taking orders at market prices to raise funds, and buyers have a strong willingness to attack, resulting in a 2.57% increase in ETH.
Price increases are the result, while major large transactions are the process.
This is the value of the PRO "Large Transaction" indicator: it helps you break out of the K-line fog, discover in real time where the main force is actively entering, at what price, and with what amount of funds, and quickly identify market signals.
