Ethereum Price Surges as Whale Activity Soars

隨著鯨魚活動的激增，以太幣價格飆升

As the cryptocurrency market emerges from a lackluster second quarter, Ethereum (ETH) has experienced a significant surge, with its price rising 5% and surpassing the $3,500 mark. This rally follows a notable spike in whale activity prior to the highly anticipated spot Ethereum exchange-traded fund (ETF) launch scheduled for July 8th.

隨著加密貨幣市場走出第二季的低迷，以太幣（ETH）出現大幅上漲，價格上漲 5%，突破 3,500 美元大關。此次反彈是在備受期待的以太坊現貨交易所交易基金（ETF）定於 7 月 8 日推出之前鯨魚活動顯著激增之後發生的。

Massive Whale Withdrawal

鯨魚大規模撤離

Data from on-chain provider Spot on Chain reveals a large whale, believed to be Abraxas Capital, withdrew an impressive 60K ETH (approximately $203 million) from the Bitfinex exchange at a price of $3,387 within the past 24 hours. Since then, the ETH price has increased by 4%, resulting in an unrealized profit of nearly $6.5 million for the whale.

鏈上供應商 Spot on Chain 的數據顯示，一頭被認為是 Abraxas Capital 的大鯨魚在過去 24 小時內以 3,387 美元的價格從 Bitfinex 交易所提取了令人印象深刻的 60K ETH（約 2.03 億美元）。此後，ETH 價格上漲了 4%，為鯨魚帶來了近 650 萬美元的未實現利潤。

Altcoin Swapping

山寨幣交換

Amidst the excitement surrounding the spot Ethereum ETF, whales have been actively exchanging other altcoins for ETH. Recently, a PEPE whale converted $18 million worth of PEPE coins into Ethereum in anticipation of an upcoming rally.

在圍繞現貨以太坊 ETF 的興奮之中，鯨魚們一直在積極地將其他山寨幣兌換成 ETH。最近，一隻 PEPE 鯨魚將價值 1800 萬美元的 PEPE 幣兌換成以太坊，預計即將到來的反彈。

Sustained Rally

持續上漲

For the ETH price rally to continue, it is crucial for Ethereum to close above the $3,500 level on a daily basis. This would allow bulls to target higher levels of $4,000 and beyond.

為了使 ETH 價格繼續上漲，以太坊每日收盤價高於 3,500 美元至關重要。這將使多頭能夠瞄準 4,000 美元及以上的更高水平。