Ethereum Down 9% Despite ETFs: What Is Going On?
Ethereum Down 9% Despite ETFs: What Is Going On?
Ethereum's (CRYPTO: ETH) poor price performance two days into ETF trading sparked debate among traders about whether the price slide is only temporary.
以太坊（加密貨幣：ETH）在ETF交易開始兩天後的表現不佳，引起了交易員們的爭論，討論價格下跌是否只是暫時的。
What Happened: Crypto analyst Michaël van de Poppe questioned the lack of immediate market movement despite record-breaking ETF inflows of $1 billion. He likens the surprising lack of price action to that of the Bitcoin (CRYPTO: BTC) ETFs, predicting a significant effect on the Ethereum ecosystem.
發生了什麼：加密貨幣分析師Michaël van de Poppe質疑即使ETF入賬創紀錄地達到10億美元，也未出現直接的市場活動。他將這種驚人的價格行動缺乏類比於比特幣（加密貨幣：BTC）ETF，並預測將對以太坊生態系統產生重大影響。
He also pointed out the substantial volume of the Ethereum ETF on its first day, reaching $1.1 billion compared to the Bitcoin ETF's first-day volume of $4.6 billion.
他還指出了以太坊ETF在第一天的大量成交量，達到了11億美元，而比特幣ETF的第一天的成交量爲46億美元。
Van de Poppe attributed the stagnant price to the substantial outflow from the Grayscale Ethereum Trust (NYSE:ETHE). The Grayscale Bitcoin Trust (OTC:GBTC) had a similar effect on Bitcoin's price following its ETF launch. He predicts a rally from $3,500 to $7,000-7,500 in one to two weeks, stating that the Ethereum ecosystem is massively undervalued.
Van de Poppe將價格的停滯歸因於Grayscale以太坊信託基金（NYSE:ETHE）的大量流出。 Grayscale比特幣信託基金（OTC:GBTC）在ETF推出後也對比特幣價格產生了類似的影響。他預測以太坊生態系統將在一到兩週內從3500美元上漲至7000-7500美元，稱該生態系統被嚴重低估。
Van de Poppe is holding on to his altcoin positions especially the ones on the Ethereum ecosystem, which could rally after a long 2.5-year bear market.
Van de Poppe保持着他的另類幣位，並特別是在以太坊生態系統中的位倉，這些倉位在2.5年的熊市之後可能會反彈。
Also Read: Will Ethereum ETFs Help 'Break This Consolidation And Head Towards An All-Time High'?
另請閱讀：以太坊ETF會幫助“打破這種鞏固並達到歷史高點”嗎？
Why It Matters: Van de Poppe pointed out that the Ethereum ETF could have a larger impact on Ethereum's price action due to a low amount of issuance. The net inflow of Ethereum on day one was $110 million, compared to Bitcoin's $655 million.
Van de Poppe指出，由於發行量較低，以太坊ETF可能對以太坊的價格行動產生更大的影響。第一天的淨流入量爲1.1億美元，而比特幣爲6,550萬美元。
IntoTheBlock data shows a 24% increase in large transaction volume and daily active addresses rising by 2.3% in the past 24 hours. Exchanges' netflows decreased by 78.7% and around 72% of Ethereum holders are in profit.
IntoTheBlock的數據顯示，過去24小時大手交易成交額增長了24％，每日活躍地址增長了2.3％。交易所的淨流出量下降了78.7％，約72％的以太坊持有者處於盈利狀態。
Lookonchain data revealed a "diamond hand" trader withdrawing 96,639 ETH, worth $151.42 million, from Coinbase at $1,567 between Sep. 3 and Sep. 7, 2022. The trader started depositing 40,000 ETH on the Kraken exchange from March 6 this year. This leaves him with 56,639 ETH, worth $193.7 million, taking a total profit of $178.6 million. Today he deposited another 10,000 ETH for profit.
LookOnChain的數據顯示，一位“金剛手”交易員於2022年9月3日至9月7日間從Coinbase以1,567美元的價格退出了96,639個以太幣，價值1.5142億美元。這位交易員從今年3月6日開始在Kraken交易所存入了40,000個以太幣，留下了56,639個以太幣，價值1.937億美元，總利潤達1.786億美元。今天，他又存入了10,000個以太幣以賺取利潤。
What's Next: The influence of Ethereum as an institutional asset class is expected to be thoroughly explored at Benzinga's upcoming Future of Digital Assets event on Nov. 19.
下一步：預計以太坊作爲一種機構資產類別的影響力將在11月19日的Benzinga未來數字資產活動中得到全面探討。
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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
此內容部分使用人工智能工具生成，並由Benzinga編輯審查和發佈。