以太坊鯨魚將40,000 ETH傾倒，價格跌至2,000美元

隨著ETH Price跌至2,000美元，以太坊鯨魚活動已大大增加。一條在2024年8月的創世紀交易期間獲得賠償的鯨魚

A major Ethereum whale, known for receiving the largest ETH compensation during the Genesis Trading liquidation last year in August 2024, has sold 40,000 ETH, valued at $89.9 million through over-the-counter (OTC) trades in the past two days.

一條主要的以太鯨鯨以去年8月在創世紀交易清算期間獲得最大的ETH薪酬而聞名，在過去兩天中，通過非處方（OTC）交易的價值為8,990萬美元，售出了40,000 ETH。

The address had received a total of 114,500 ETH valued at $358.19 million during the liquidation process, according to data from Arkham Intelligence. Out of the total, 40,000 ETH was sold in the last two days, which accounts for nearly 30% of its remaining holdings.

根據Arkham Intelligence的數據，在清算過程中，該地址總共收到了114,500 ETH，價值為3.5819億美元。在過去的兩天中，總共有40,000張ETH出售，佔其剩餘股份的近30％。

This comes as the ETH price has been crashing and dropped more than 13% over the last week, sparking concerns over price stability.

這是因為ETH價格一直在崩潰，並在上週下降了13％以上，這引起了人們對價格穩定的擔憂。

The unrealized profit ratio among Ethereum whales has dropped to levels not seen since the previous bear market, and the ETH/BTC ratio has been on a continuous downtrend amid the growing fear, uncertainty, and doubt (FUD) in the market.

以太鯨的未實現的利潤率已經下降到自上一個熊市以來未見的水平，而ETH/BTC的比率一直處於持續的下降趨勢，而在市場上的恐懼，不確定性和懷疑（FUD）越來越多。

Although Ethereum’s price is roughly twice as high as it was during the bear market, many large-scale positions are now yielding the same profit levels as before. Notably, the whale cohort holding between 1,000 and 10,000 ETH has reverted to a negative unrealized profit ratio, which could spell trouble for the cryptocurrency.

儘管以太坊的價格大約是熊市市場上的兩倍，但許多大規模職位現在的利潤水平與以前相同。值得注意的是，擁有1,000至10,000 ETH的鯨魚隊列恢復了未實現的利潤率，這可能會給加密貨幣帶來麻煩。

On the other hand, the ETH exchange deposits have also been on the rise. Data from blockchain analytics firm ChainShot shows that over the last two weeks, investors have moved more than 60,000 ETH to exchanges, suggesting selling pressure.

另一方面，ETH Exchange存款也在上升。區塊鏈分析公司Chainshot的數據表明，在過去的兩個星期中，投資者將超過60,000的ETH轉移到交流中，表明銷售壓力。

Prominent crypto analyst Benjamin Cowen has drawn parallels between current ETH price action and its performance during the previous Federal Reserve monetary tightening cycle. According to Cowen, Ethereum is repeating its 2019 behavior during the Fed’s quantitative tightening (QT) phase.

著名的加密分析師本傑明·科恩（Benjamin Cowen）在以前的美聯儲貨幣收緊週期中的當前ETH價格行動與其績效之間取得了平行。根據Cowen的說法，以太坊正在在美聯儲的定量收緊（QT）階段重複其2019年行為。

The analyst stated that in 2019, ETH formed a wedge pattern converging towards August 2023 under QT conditions, and it remained in the same structure for almost a year. A brief breakout above the wedge occurred in July 2024, but it was followed by a sharp decline below the wedge in August, coinciding with the Fed’s QT policy shortly afterward.

這位分析師指出，2019年，ETH在QT條件下形成了一種楔形模式，並在QT條件下匯聚到了2023年8月，並且在相同的結構中持續了將近一年。楔子上方的短暫突破發生在2024年7月，但隨後在八月以下的楔子下降了，不久之後與美聯儲的QT政策相吻合。

This marked the bottom for the ETH/BTC pair in October 2024, followed by a rally in ETH/USD, though the price later dipped deeper into its regression band in November 2024.

這標誌著2024年10月的ETH/BTC對的底部，隨後是ETH/USD的集會，儘管後來價格後來在2024年11月降到了其回歸樂隊。

Cowen notes that this cycle appears to be unfolding similarly, with the main difference being the extended duration of QT in the current cycle. Presently, the ETH price has broken down from its wedge pattern into its regression band. The analyst suggests there are “decent odds” that the Fed could end QT within the next few months.

Cowen指出，這個週期似乎正在相似地展開，主要區別是當前週期中QT的延長持續時間。目前，ETH價格已從其楔形圖案中崩潰為回歸頻段。分析師認為，美聯儲可能會在未來幾個月內結束QT的“體面賠率”。