加密貨幣市場本週開盤進一步回調，為零售人群帶來恐慌

尤其是比特幣和以太坊，在過去 2-3 個月內加入市場的新交易者對比特幣和以太坊產生了巨大的 FUD

Crypto markets opened the week with further retracements, leading to palpable fear among retail traders. Bitcoin and Ethereum, in particular, are seeing massive fear, uncertainty, and doubt (FUD) from newer traders who joined the markets in the past two to three months. These traders have not seen mid-sized corrections before and are reacting emotionally to the global market conditions.

加密貨幣市場本週開盤進一步回調，導致散戶交易者明顯感到恐懼。尤其是比特幣和以太坊，過去兩三個月加入市場的新交易者看到了巨大的恐懼、不確定性和懷疑（FUD）。這些交易員以前從未見過中等規模的調整，並且對全球市場狀況做出了情緒化的反應。

However, such panic selling can create opportunities for larger investors. When retail traders begin selling due to fear, whales and sharks often step in to accumulate more assets with little resistance. These larger players can create market bounces once they’ve built their positions, though the timing of such rebounds may vary. Currently, market conditions appear favorable for these whales to make moves.

然而，這種恐慌性拋售可以為更大的投資者創造機會。當零售交易者因恐懼而開始拋售時，鯨魚和鯊魚往往會毫無抵抗地介入，累積更多資產。這些較大的參與者一旦建立了自己的頭寸，就可以創造市場反彈，儘管這種反彈的時間可能會有所不同。目前，市場條件似乎有利於這些鯨魚採取行動。

One significant player making waves in the Ethereum market is Justin Sun. Over the past week, Sun redeemed 39,999 ETH ($143 million) from Lido Finance and Etherfi, depositing the entire amount to HTX. Since November 10, he has deposited 108,919 ETH (approximately $400 million) to HTX, often near local price peaks. Currently, Sun has an additional 42,904 ETH ($139 million) unstaking from Lido, which could soon be deposited to HTX as well.

賈斯汀·孫（Justin Sun）是以太坊市場上掀起波瀾的重要參與者。過去一周，Sun 從 Lido Finance 和 Etherfi 贖回了 39,999 ETH（1.43 億美元），並將全部金額存入 HTX。自 11 月 10 日以來，他已向 HTX 存入 108,919 ETH（約 4 億美元），通常接近當地價格高峰。目前，Sun 還從 Lido 獲得了 42,904 ETH（1.39 億美元）的質押，這些資金也可能很快存入 HTX。

Meanwhile, Nexo has also been making large moves with Ethereum. Since December 2, Nexo has deposited a total of 101,756 ETH ($380 million) into Binance at an average price of $3,737. Just an hour ago, another 7,495 ETH ($25 million) was transferred to Binance.

同時，Nexo 也在以太坊方面做出了重大動作。自 12 月 2 日以來，Nexo 已向幣安存入總計 101,756 ETH（3.8 億美元），平均價格為 3,737 美元。就在一個小時前，又有 7,495 ETH（2,500 萬美元）被轉移到幣安。

Despite these large movements, a North Korean hacker reportedly lost $458K after going long on ETH on Hyperliquid, only to be liquidated as Ethereum’s price dropped.

儘管出現了這些大幅波動，但據報道，一名北韓駭客在 Hyperliquid 上做多 ETH 後損失了 45.8 萬美元，但隨著以太坊價格下跌而被清算。

On the other hand,positively, the Ethereum spot ETF saw a net inflow of $62.73 million from December 16 to December 20, maintaining a streak of net inflow for four consecutive weeks. BlackRock’s ETHA ETF recorded a weekly net inflow of $144 million, indicating ongoing institutional confidence. Despite the retail panic, these institutional inflows show that bigger players remain optimistic about Ethereum’s long-term potential.

另一方面，正面的一面是，以太坊現貨ETF 12月16日至12月20日淨流入6,273萬美元，維持連續四周淨流入。貝萊德 (BlackRock) 的 ETHA ETF 錄得每週淨流入 1.44 億美元，顯示機構信心持續增強。儘管存在散戶恐慌，但這些機構資金流入表明，較大的參與者仍然對以太坊的長期潛力持樂觀態度。