From the perspective of hair brushing arbitrage, I have a bold guess: 1. In the past two to three days, there have been news of large-scale staking and withdrawal of Ethereum. 2. Suddenly, a bunch of "ETH version micro strategy" companies are rushing to raise funds in the market. 3. At the same time, news broke that Sun Ge had just sold 160000 ETH, triggering the association of "smashing the market". Is it possible to: Someone deliberately sent the signal of 'pledging to withdraw=Sun Ge smashing the plate', using Sun Ge as a smoke bomb to cover their own withdrawal? In fact, it is the institution that releases the pledge in advance, injects ETH into a listed company off the exchange, and then releases positive news to boost the stock price. If the coin is not sold, people cash out first, retaining ETH chips and realizing them through stock prices—— Perfect arbitrage, killing two birds with one stone?