Although he is a loyal E-guard, I think we still need to be objective. 1. ETH does not have native multi signature like BTC, and Safe Wallet is not the first time that something has happened. ETH and CEX both have security risks, which is another trust crisis. 2. The largest hacker attack in the history of encryption, with 500000 ETH and a potential selling pressure of 1.5 billion US dollars. Although it won't happen all at once, the hackers have already dispersed to 50 addresses, and there will definitely be actions in the future. 3. The most important thing I think is that @ benbybit chooses to borrow coins instead of buying ETH. What does this mean? The meaning of short selling! It's equivalent to him clearly stating that he thinks he can buy it at a lower price in the future! For ETH, which has already been scarred, the selling pressure of hundreds of thousands of ETH may not be a thunderbolt, but more like a months long plum rain, which may extinguish the expectations of future local knockoff seasons. The next few months may be similar to the BTC market repaid in Mentougou last year, which is really unsettling 🙏