Crypto Whale's Actions Spark Market Uncertainty

加密鯨魚的行為引發市場不確定性

The cryptocurrency market has been roiled by recent actions of a crypto whale. This whale moved 12,374 ETH to Compound and borrowed $31.4 million in stablecoins. This transaction has raised concerns that Ethereum's price could plummet to $2,984, potentially triggering the liquidation of the whale's long positions. Ethereum has already declined from $3,500 to $3,124 over the past four days, fueling fears of further depreciation.

加密貨幣鯨魚最近的行為擾亂了加密貨幣市場。這隻鯨魚將 12,374 ETH 轉移到了Compound，並借了 3,140 萬美元的穩定幣。這筆交易引發了人們的擔憂，以太坊的價格可能會暴跌至 2,984 美元，可能引發鯨魚多頭頭寸的清算。在過去四天裡，以太坊已經從 3,500 美元跌至 3,124 美元，加劇了人們對進一步貶值的擔憂。

Impact of Declining Ethereum and Bitcoin

以太坊和比特幣下跌的影響

During market downturns, some whales seek to exploit the situation. One notable whale recently purchased over $30 million worth of ETH on Binance, with total transactions attributed to this whale exceeding $120 million.

在市場低迷時期，一些鯨魚試圖利用這種情況。一隻著名的鯨魚最近在幣安上購買了價值超過 3000 萬美元的 ETH，這頭鯨魚的交易總額超過了 1.2 億美元。

In addition to Ethereum, this whale's portfolio includes high-volume coins (BNB, MATIC, LINK, AVAX) and popular meme coins (Shiba Inu, Dogecoin, Pepe Coin, Floki).

除了以太坊之外，這隻鯨魚的投資組合還包括大容量硬幣（BNB、MATIC、LINK、AVAX）和流行的迷因硬幣（Shiba Inu、Dogecoin、Pepe Coin、Floki）。

Causes of Bitcoin and Ethereum Decline

比特幣和以太坊下跌的原因

Ethereum's decline appears to be tied to Bitcoin's downward trend. Large investors and miners are reportedly behind Bitcoin's depreciation. Market analyst Charles Edwards has noted that long-term Bitcoin holders are actively selling their assets.

以太坊的下跌似乎與比特幣的下跌趨勢有關。據報道，大型投資者和礦工是比特幣貶值的幕後黑手。市場分析師查爾斯愛德華茲指出，比特幣的長期持有者正在積極出售其資產。

According to data from Glassnode, a negative flow of 374,000 Bitcoin (approximately $24 billion) has been observed moving towards exchanges.

根據 Glassnode 的數據，觀察到 374,000 比特幣（約 240 億美元）的負流量流向交易所。

Investor Considerations

投資者考慮因素

Investors should take note of the following:

投資者應注意以下事項：

• Monitor the $2,984 level as a crucial point for potential Ethereum liquidation.
• Closely observe whale activities, as they can influence market movements.
• Track Bitcoin's price action, as it often impacts Ethereum's value.

The potential liquidation of the Ethereum whale, with its significant financial implications, could amplify market fears. A drop to $2,984 could trigger deeper declines and further liquidations.

監控2,984 美元水平，將其作為潛在以太坊清算的關鍵點。及其重大的財務影響，可能會加劇市場的擔憂。跌至 2,984 美元可能會引發進一步下跌和進一步清算。

Despite recent losses, Ethereum has found support at the $3,200 level after a 5% decline today. Its market capitalization has fallen to $376 billion, while trading volumes have reached $20.7 billion.

儘管最近出現下跌，以太坊在今天下跌 5% 後在 3,200 美元水平找到了支撐。其市值已跌至 3,760 億美元，但交易量卻達 207 億美元。