Big Ethereum Whale Adds On To Bullish Long Position As Spot ETF Approval Probability Jumps — Swaps Wrapped Bitcoin Worth Over $25M For ETH
Big Ethereum Whale Adds On To Bullish Long Position As Spot ETF Approval Probability Jumps — Swaps Wrapped Bitcoin Worth Over $25M For ETH
As analysts raised the possibility of a spot Ethereum (CRYPTO: ETH) ETF approval, big whales ramped up their bullish bets on the world's second-largest cryptocurrency.
随着分析师提出现货以太坊（加密货币：ETH）ETF获得批准的可能性，大鲸鱼加大了对全球第二大加密货币的看涨押注。
What Happened: James Fickel, one of the wealthiest cryptocurrency investors, swapped 350 Wrapped Bitcoin (CRYPTO: WBTC) for 6,905 Ether earlier in the day, according to on-chain tracking platform Lookonchain. The newly acquired supply was worth more than $25 million at prevailing prices.
发生了什么：根据链上追踪平台Lookonchain的数据，最富有的加密货币投资者之一詹姆斯·菲克尔当天早些时候将350个包装比特币（加密货币：WBTC）换成了6,905个以太币。按现行价格计算，新收购的供应价值超过2500万美元。
As the #SEC requires exchanges to expedite the update of 19B-4 documents on $ETH #ETFs, the probability of approval of $ETH #ETFs has greatly increased.
James Fickel(@jamesfickel) continued to borrow 350 $WBTC($25M) from #Aave and exchanged it for 6,905 $ETH to go long the... pic.twitter.com/IYFmQyHVIP— Lookonchain (@lookonchain) May 21, 2024
由于 #SEC 要求交易所加快更新有关$ETH #ETFs 的19B-4文件，因此获得批准的可能性大大增加了。#ETFs
詹姆斯·菲克尔（@jamesfickel）继续从 #Aave 借款 350 美元 WBTC（2,500 万美元）然后用它换成 6,905 美元 ETH 来做多... pic.twitter.com/iyfmqyhvip— Lookonchain (@lookonchain) 2024 年 5 月 21 日
Fickel has been longing ETH/BTC pair since the launch of Bitcoin (CRYPTO: BTC) spot ETFs in January. The founder of Amaranth Foundation has exchanged around 2,741 WBTC for 50,693 ETH since the beginning of the year.
自一月份比特币（加密货币：BTC）现货ETF推出以来，菲克尔一直渴望以太坊/比特币对。自年初以来，Amaranth基金会的创始人已将约2741枚WBTC兑换成了50,693枚以太币。
However, the bullish sentiment was not restricted to Fickel. In the last 24 hours, the number of traders going long on ETH rose dramatically against those shorting the cryptocurrency, as per the reading of Coinglass' Longs/Shorts Ratio.
但是，看涨情绪不仅限于菲克尔。根据Coinglass的多头/空头比率的数据，在过去的24小时内，做多ETH的交易者数量相对于做空加密货币的交易者数量急剧增加。
Why It Matters: Confidence in ETH comes as well-informed analysts raised their odds of a spot ETH ETF approval from 25% to 75%, resulting in a broader market rally.
为何重要：对ETH的信心之所以出现，是因为消息灵通的分析师将现货ETF获批的几率从25％提高到75％，从而导致了更广泛的市场反弹。
The turnaround in mood comes after months of gloomy expectations from experts about the approval, preventing the cryptocurrency from rising like other assets like Bitcoin.
情绪的转变是在专家对批准的期望持续了数月之后发生的，这使加密货币无法像比特币等其他资产一样上涨。
ETH's large transaction volume more than tripled in the last 24 hours, indicating strong engagement from whales, according to IntoTheBlock. Alongside, balances of long-term holders rose 0.38%, suggesting that the transactions were buyer-dominated.
根据IntoTheBlock的数据，以太坊的巨额交易量在过去24小时内增长了两倍多，这表明鲸鱼的参与度很高。此外，长期持有者的余额增长了0.38％，这表明交易以买家为主。
Price Action: At the time of writing, ETH was exchanging hands at $3,695.39, following a 19% spike in the last 24 hours, according to data from Benzinga Pro.
价格走势：根据Benzinga Pro的数据，在撰写本文时，以太坊的交易价格为3695.39美元，此前在过去24小时内飙升了19％。
Photo by Kanchanara on Unsplash
照片由坎查纳拉在 Unsplash 上拍摄