Analysis: Half an hour ago, the short-term drop of ETH below 3800 USDT may have been caused by Symbolic Capital Partners selling nearly 7000 ETH within a minute

ChainCatcher message, according to on-chain analyst @ai_9684xtpa's monitoring, half an hour ago, ETH briefly fell below 3800 USDT, and this spike may have been driven by the MEV trading firm Symbolic Capital Partners.

It is reported that the institution sold 6968 ETH (approximately 27.38 million USD) within one minute at 20:56, with an average selling price of 3930 USD; among them, one transaction sold 3497 ETH in a single go on-chain, with a bribe fee of 90 ETH.