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Analysis: ETH's short-term fall below 3,800 USDT half an hour ago may have been caused by Symbolic Capital Partners selling nearly 7,000 ETH in one minute

Analysis: ETH's short-term fall below 3,800 USDT half an hour ago may have been caused by Symbolic Capital Partners selling nearly 7,000 ETH in one minute

Bitget2024/05/23 14:03

According to ChainCatcher news, according to monitoring by on-chain analyst @ai_9684xtpa, half an hour ago, ETH briefly fell below 3800 USDT. This spike may have been driven by MEV trading company Symbolic Capital Partners.

It is reported that the organization sold 6,968 ETH (approximately 27.38 million U.S. dollars) in one minute at 20:56, with an average selling price of 3,930 U.S. dollars; one of the transactions sold 3,497 ETH at one time on the chain, and the bribe fee was 90 ETH. ETH.

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