ETH big dump is a shocking situation! Powell's Central Bank annual meeting on 8.22 at 22:00 determines life and death, institutions preemptively hoarded 510,000 pieces - don't get whipsawed out of positions on the eve of policy.

Only 2 days left until Powell's "policy bomb," and institutions have secretly bought up 510,000 ETH!

Federal Reserve Chairman Powell will appear at the Jackson Hole Global Central Bank Annual Meeting on August 22 at 22:00 - this is the "annual life-and-death event" for global financial markets (historically, 3 dovish statements directly triggered a frenzy in risk assets), and institutions have already taken action in advance: in the past 72 hours, BMNR+SBET have swept up 510,000 ETH, what are they betting on?

1. The "910,000 ETH Unstaking" Scam: The manipulators use "deleveraging" as a means to "big dump," harvesting the panic before the policy!

On-chain data shows "910,000 ETH unlocked", instantly triggering a selling spree. But the truth is heartbreaking:

Unlocking ≠ Selling! The current on-chain lending rate has soared to 18% (a peak this year), and holders unlock their assets to reduce the risk of liquidation (passive deleveraging), rather than actively dumping the market—actual selling pressure is less than 30% of the surface figure!
The manipulators deliberately amplify the panic, waiting for you to surrender and give up your chips to the institutions that have positioned themselves in advance 36 hours before Powell's speech!

2. Institutions are buying 510,000 coins against the market: They understand "Powell's hidden agenda" better than you!

When retail investors are scared off by the "unlocked digital assets", institutions have already started to "preemptively bottom-fish the policies":

BMNR bought 370,000 coins in a week (an average of 53,000 coins per day), setting a historical record for accumulation "before the Jackson Hole meeting";
SBET synchronized purchase of 140,000 pieces, two giants collaborated to swallow 510,000 pieces of ETH within 7 days (average daily purchase of 73,000 pieces)!

These real moves clearly tell you: Institutions are betting on "Powell releasing dovish signals" — once the Federal Reserve hints at "rate cut expectations," dollar liquidity will flood in like a tide, and ETH, as the "liquidity magnet" of the crypto market, breaking through 4400 is just the starting point!

3. Jackson Hole Annual Meeting: Powell's "policy nuclear bomb", the liquidity life-and-death battle for ETH!

As the Federal Reserve's most important annual policy briefing, Powell's statements will determine:

① Hawkish stance continues (short-term under pressure, but already priced in):

If emphasizing "inflation is stubborn, continue raising interest rates", the market will panic briefly, but ETH has already priced in the "interest rate hike expectations" (falling from 21000 to 4177, a drop of over 80%), the downside is limited, instead triggering a rebound from "bad news being fully priced in".

② Dovish turn (directly triggered, institutions have already ambushed):

If it hints at "slowing down interest rate hikes/discussing rate cuts", the dollar liquidity dam will open - referring to the 2023 Jackson Hole meeting, after Powell released dovish signals, ETH surged 42% in 72 hours! Institutions are laying out strategies 3 days in advance, replicating history!

4. Bull Market Stage Warning: Getting out of positions now is equivalent to letting the "policy dividends" go to the institutions!

Three Phases of a Bull Market:
① Born in despair (no one believes at the bottom);
② Growing amidst doubts (the rebound is criticized as "baiting the bulls", institutional policies are pre-positioned);
③ Crazy FOMO (everyone chasing the rise).

ETH is currently stuck on the eve of the second phase of the policy:

The market makers create panic (wash trading) by using "unpledging";
Institutions are bottom-fishing against the market under the "Powell expectations";
The policy nuclear bomb (8.22 22:00) is about to explode!

Getting out of positions now is like handing your chips to the smart money 36 hours before the Central Bank annual meeting—when Powell releases good news and ETH breaks through 4400, you'll only be left chasing high prices!

Final shout: Hold on to your ETH!

Unwinding is an "illusion", institutions are "prophets", and Powell is a "variable". With only 2 days left until the policy bomb, the institutions' bottom-fishing action of 510,000 ETH has proven that the value of ETH is severely underestimated!

Don't let panic dictate your operations. This is not a crash, but the "last signal to get in before the policy" in the second phase of the bull market—hold onto your chips and wait for Powell's favorable conditions to let profits explode!

(8.22 22:00, witness ETH's "policy reversal", holding on is victory!)
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