Jeffrey Wilcke 存款消息传出后，ETH 涨势陷入停滞

以太坊（ETH）的最新鲸鱼抛售源自该项目联合创始人之一杰弗里·威尔克（Jeffrey Wilcke）的钱包。

One of the project’s co-founders moved another 20,000 ETH, while the latest whale selling for Ethereum (ETH) originated from the wallets of Jeffrey Wilcke. Another 20K ETH acquired at a low price range was sent to Kraken.

该项目的一位联合创始人又转移了 20,000 ETH，而最新的以太坊（ETH）鲸鱼抛售则源自 Jeffrey Wilcke 的钱包。另外以低价收购的 20K ETH 被发送到 Kraken。

One of the co-founders of Ethereum (ETH), Jeffrey Wilcke sent 20K ETH to Kraken. This recent transfer continues a trend where Wilcke has been steadily liquidating his initial share of ETH from the 2021 bull market.

以太坊 (ETH) 的联合创始人之一 Jeffrey Wilcke 向 Kraken 发送了 20K ETH。最近的这次转账延续了 Wilcke 稳步清算 2021 年牛市中最初持有的 ETH 份额的趋势。

After the network’s launch in 2016, Wilcke started with a founder’s allocation of 463,203 ETH. Since then, he has made total exchange deposits of 356,805 ETH. Before the 2021 bull market, Wilcke shifted a total of 290,505 ETH to exchanges at an average deposit price of $190.

该网络于 2016 年推出后，Wilcke 从创始人分配的 463,203 ETH 开始。从那时起，他总共存入了 356,805 ETH 的兑换存款。在 2021 年牛市之前，Wilcke 总共以 190 美元的平均存款价格将 290,505 ETH 转移到交易所。

Following a pause, Wilcke resumed selling in the summer of 2023 and liquidated over 63K ETH. The wallet still contains another 106K ETH, which can be sold at a much higher average price. While the exchange deposits may not necessarily indicate selling and could be preparation for a larger ETH rally, the selling pressure might slow down as this early wallet has already sold a large portion of its holdings.

暂停后，Wilcke 在 2023 年夏季恢复抛售，并清算了超过 63,000 枚 ETH。钱包中还包含另外 106K ETH，可以以更高的平均价格出售。虽然交易所存款可能并不一定意味着抛售，并且可能是为 ETH 更大的反弹做准备，但抛售压力可能会放缓，因为这个早期钱包已经出售了大部分持仓。

The token’s price did not stall its rally above $3,500 despite the new ETH inflow. However, the selling raised the issue of early ETH founders failing to hold the token at key moments. Wilcke’s move is similar to selling from the Ethereum Foundation, which is usually taken as an indicator of a local market peak, followed by a price drawdown.

尽管有新的 ETH 流入，但该代币的价格并未停止上涨至 3,500 美元以上。然而，此次抛售引发了早期 ETH 创始人未能在关键时刻持有代币的问题。威尔克的举动类似于以太坊基金会的抛售，通常被视为当地市场见顶，随后价格下跌的指标。

The concerns about ETH are centered on its still-delayed major rally, as the asset is still below $4,000 while BTC moved into a new price range. The readiness of early Ethereum investors to sell is often a point of contention in the community. Vitalik Buterin has also continued to sell hundreds of ETH, though largely for donations and investments.

对 ETH 的担忧主要集中在其仍延迟的主要反弹上，因为该资产仍低于 4,000 美元，而 BTC 已进入新的价格区间。早期以太坊投资者是否愿意出售以太坊往往是社区争论的焦点。 Vitalik Buterin 还继续出售数百枚 ETH，但主要用于捐赠和投资。

ETH Rally Stalls on News of Wilcke’s Deposit

Wilcke 充值消息导致 ETH 涨势停滞

The latest inflow of ETH, valued at $70M, is a small amount in the short term, especially when considering the total exchange availability of the token. Last week, markets held more than $70B in ETH liquidity, with inflows. It was Wilcke’s reluctance to act as a crypto insider that contributed to a less decisive rally for ETH.

最新流入的 ETH 价值为 7000 万美元，在短期内是一个小数额，特别是考虑到该代币的总交易可用性时。上周，市场持有超过 70B 美元的 ETH 流动性，并有资金流入。威尔克不愿充当加密货币内部人士，导致 ETH 的反弹不那么具有决定性。

After breaching the $3,400 mark, ETH expanded to a high of $3,549.30. After breaking the $3,700 resistance level, the next potential stop for ETH is $4,000. In order to continue its growth, ETH aims to close the week above that level.

在突破 3,400 美元大关后，ETH 扩大至 3,549.30 美元的高位。在突破 3,700 美元阻力位后，ETH 的下一个潜在止损点是 4,000 美元。为了继续增长，ETH 的目标是本周收盘价高于该水平。

Despite the recent correction, ETH’s open interest is still close to its three-year peak at $16.1B. The token has a 72% long position dominance, suggesting that leveraged positions may be attacked with a short-term correction.

尽管近期出现调整，ETH 的未平仓合约仍接近其三年高点 $16.1B。该代币拥有 72% 的多头头寸优势，表明杠杆头寸可能会受到短期回调的攻击。

Can Whales Sway ETH?

鲸鱼能左右 ETH 吗？

For some, ETH selling from whales is only seen as a tool to create uncertainty. Compared to other assets, ETH is much more liquid, and short-term selling is easily absorbed.

对于一些人来说，鲸鱼抛售 ETH 只是被视为制造不确定性的工具。与其他资产相比，ETH 的流动性要强得多，短期抛售很容易被吸收。

The supply of ETH is also widely distributed, with no single entity having enough power to sway the market. More than 34.2M ETH is locked in staking by a diverse group of validators. Whales hold 65.1M ETH in total, which includes exchange wallets, vaults and other reserves.

ETH 的供应也分布广泛，没有任何一个实体有足够的权力来左右市场。超过 3420 万个 ETH 被不同的验证者群体锁定。鲸鱼总共持有 6510 万枚 ETH，其中包括交易所钱包、金库和其他储备。

The first class of investors hold 14.5M ETH, while retail also owns around 65M ETH. Some of the whales and retail overlap with staking, given the total supply of 120M. Early investors tend to hold ETH for the long term, not selling but instead supporting other projects or staking for passive income.

一级投资者持有 1450 万枚 ETH，散户也持有约 6500 万枚 ETH。鉴于总供应量为 1.2 亿，一些鲸鱼和零售与质押重叠。早期投资者倾向于长期持有 ETH，不是出售，而是支持其他项目或质押以获得被动收入。

Moreover, the Ethereum ETF saw another day of over $90M in new inflows. The Bitcoin ETF drew in $103M, with ETH catching up quickly. In a short period of time, Ethereum ETFs have drawn more than $10B in assets under management and have become the biggest cluster of ETH long-term holders.

此外，以太坊 ETF 又一天新增资金流入超过 9000 万美元。比特币 ETF 吸金 1.03 亿美元，ETH 迅速赶上。在短时间内，以太坊 ETF 吸引了超过 10B 美元的管理资产，并成为 ETH 长期持有者的最大集群。

In the long term, ETH still has a bullish outlook, which is evident from its ecosystem’s growth and expansion. The movement of whales into Ethena (ENA) is also a sign that ETH is seen as a reliable and expandable base.

从长远来看，ETH 的前景仍然看涨，这从其生态系统的增长和扩张中可以明显看出。鲸鱼涌入 Ethena (ENA) 也表明 ETH 被视为可靠且可扩展的基础。