Ethereum (ETH) has recently attracted attention with its performance, as the price broke through the $4000 mark, leading to some interesting developments in the market. It has been observed that a large investor has withdrawn a total of 3356 ETH from the Binance platform in the past 24 hours, with the most recent withdrawal being 1999 ETH, worth approximately $7.84 million, at an average price of $3925.

This series of operations seems to suggest that the investor is optimistic about the future trend of Ethereum, and may be accumulating chips at a low level. Meanwhile, the betting probability on Polymarket regarding ETH breaking through $4200 has significantly increased, reflecting that traders generally expect the possibility of ETH continuing to strengthen in the short term.

It is worth noting that although Bitcoin has recently experienced a correction, falling below $116,000, Bitcoin ETFs are still seeing net inflows, with over 2,000 Bitcoins added within 24 hours. This flow of funds could have a positive impact on the entire cryptocurrency market, especially potentially driving Ethereum to continue rising.

Market analysts suggest that investors closely monitor the key price level of $4100. If this position is breached, it could trigger large-scale liquidations, potentially involving amounts exceeding $800 million, which would undoubtedly bring significant volatility to the market.

The current cryptocurrency market is at a critical juncture, and investors need to remain vigilant, closely monitoring market trends and the breakout of important price levels. At the same time, they should also pay attention to risk management to avoid excessive leverage or irrational investment behavior.