Recently, an intriguing phenomenon has emerged in the Ethereum market. A large investor coded 0x46DB experienced a dramatic investment operation in just two days. This investor initially sold 5,504 Ether under the influence of panic, but just over a day later, during the market rebound, he repurchased 3,358 Ether at an average price of $3,828.

This behavioral pattern inevitably reminds one of the typical psychology of retail investors: panic selling during downturns and fear of missing out during rallies. However, interestingly, this time it is not ordinary retail investors displaying this mindset, but rather large investors with substantial capital. They chose to buy back as Ethereum approached the $4000 mark, a move that reveals even experienced large investors are worried about potentially missing out on future upward trends.

Market analysts point out that when prices approach important levels, market liquidity often experiences fluctuations, showing the so-called "Rebound" phenomenon. This means that when prices surge, there may be significant slippage, even leading to price spikes. Therefore, whether large investors or retail investors, it is essential to closely monitor these market dynamics to make more informed investment decisions.

This event again highlights the high volatility and uncertainty of the cryptocurrency market. It reminds us that even large investors with ample funds and extensive experience can be influenced by market sentiment. For ordinary investors, this is undoubtedly a warning: when investing in cryptocurrencies, it is necessary to remain calm and develop a long-term strategy, rather than being swayed by short-term market fluctuations.