Ethereum Price Surges as Whale Activity Soars

随着鲸鱼活动的激增，以太坊价格飙升

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.

随着加密货币市场走出第二季度的低迷，以太坊（ETH）出现大幅上涨，价格上涨 5%，突破 3500 美元大关。此次反弹是在备受期待的以太坊现货交易所交易基金（ETF）定于 7 月 8 日推出之前鲸鱼活动显着激增之后发生的。

Massive Whale Withdrawal

鲸鱼大规模撤离

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.

链上提供商 Spot on Chain 的数据显示，一头被认为是 Abraxas Capital 的大鲸鱼在过去 24 小时内以 3,387 美元的价格从 Bitfinex 交易所提取了令人印象深刻的 60K ETH（约 2.03 亿美元）。此后，ETH 价格上涨了 4%，为鲸鱼带来了近 650 万美元的未实现利润。

Altcoin Swapping

山寨币交换

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.

在围绕现货以太坊 ETF 的兴奋之中，鲸鱼们一直在积极地将其他山寨币兑换成 ETH。最近，一只 PEPE 鲸鱼将价值 1800 万美元的 PEPE 币兑换成以太坊，预计即将到来的反弹。

Sustained Rally

持续上涨

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.

为了使 ETH 价格继续上涨，以太坊每日收盘价高于 3,500 美元至关重要。这将使多头能够瞄准 4,000 美元及以上的更高水平。