On-chain funds are doing something very "practical": quickly de-risking risky assets ⚠️

Latest monitoring shows 👇
👉 Funds related to Ethereum attackers continue to flow out
👉 Key rebalancing actions have been completed over the past three days:

📊 Specific path:
• Selling about 21k ETH
• Exchanging for 617.43 Bitcoin
• Valued at approximately $48.72 million
• Still holding about 1,000 ETH ($2.32 million)
• Further selling possibility remains ⚠️

💡 The signals released by this behavior are very clear:
👉 Funds are "re-pricing between risk assets"
From ETH → BTC, it’s not about optimism or pessimism
but 👇
👉 more about seeking safety in assets with higher liquidity and more stable narratives

📉 Potential negative impacts:
• Short-term ETH selling pressure has not fully ended
• Attacker funds continue to flow → increasing market uncertainty
• Easily amplifying market concerns about "safety"

📈 But there is also a reverse interpretation:
• BTC remains the main "safe haven endpoint" in extreme events
• Market liquidity is still sufficient to absorb large funds
• On-chain assets can still be freely transferred → the system is not frozen

🧠 The core issue is not really "who is selling," but:
👉 The risk event is continuously reshaping the flow of funds

📌 My judgment:
This is not just a simple sell-off event, but 👇
👉 Safety premiums are being redistributed
Funds do not disappear; they are just moving to "more trusted safe havens" ⚖️

📌 In a nutshell:
The continuous rebalancing by attackers indicates the market is still digesting the risk — and during panic phases, funds are often not leaving the market but flowing from high-risk assets to more consensus-driven safe havens 🚨