Recently, monitoring by the cryptocurrency tracking platform Lookonchain indicated that the renowned investment firm, BlockTower Capital, is suspected to have carried out significant sales of Ethereum (ETH) on several major trading platforms. Through platforms such as FalconX, Cumberland, Wintermute, and B2C2 Group, BlockTower Capital sold a total of 9,232 ETH. This resulted in a total value of about $24.8 million. This operation has attracted widespread attention in the market, leading investors to discuss the motivations and strategies behind it. Although the exact reasons are not clear, this action has undoubtedly had an impact on market sentiment.