以太坊鲸鱼在波动中液化，但看涨前景依然存在

在价格波动的情况下，大型以太坊鲸鱼经历了清算。值得注意的是，一只鲸鱼在 ETH 上加倍下注后损失了 450 万美元。尽管遭遇挫折，看涨情绪依然强劲，这反映在多头头寸激增和负 MVRV 比率表明持有者有潜在的上涨空间。

Ethereum Whales Suffer Liquidations Amidst Price Volatility, but Sentiment Remains Bullish

以太坊鲸鱼因价格波动而遭受清算，但市场情绪仍然看涨

The Ethereum [ETH] market has been characterized by significant volatility over the past week, leading to the liquidation of both retail investors and whales alike.

过去一周，以太坊 [ETH] 市场的特点是大幅波动，导致散户投资者和鲸鱼都被清算。

Whales Liquidated Despite Optimism

尽管乐观，鲸鱼仍被清算

Despite previous losses of $4.5 million, one particular whale doubled down on their ETH position, expressing confidence in the asset's potential. However, this bet proved to be ill-timed, resulting in further financial losses. The whale's ill-fated strategy involved withdrawing 8,249 ETH from Binance [BNB], converting it to Compound [COMP], and borrowing 17.3 million Tether [USDT] to amplify their position.

尽管之前损失了 450 万美元，但一只鲸鱼仍加倍持有 ETH 头寸，表达了对该资产潜力的信心。然而，这一赌注被证明是不合时宜的，导致了进一步的财务损失。鲸鱼的不幸策略包括从币安 [BNB] 提取 8,249 ETH，将其转换为复合货币 [COMP]，并借入 1730 万枚 Tether [USDT] 来扩大其头寸。

Other traders also faced liquidations, with Coinglass data indicating approximately $6.28 million worth of long ETH positions liquidated within a 24-hour window.

其他交易者也面临清算，Coinglass 数据显示，价值约 628 万美元的 ETH 多头头寸在 24 小时内被清算。

Growing Optimism among Traders

交易者的乐观情绪日益高涨

Despite these setbacks, the number of long ETH positions has increased substantially, suggesting a surge in optimism among traders. This sentiment is corroborated by the bullish outlook for Ethereum's future prospects.

尽管遇到这些挫折，ETH 多头头寸数量仍大幅增加，表明交易者的乐观情绪高涨。对以太坊未来前景的乐观看法证实了这种情绪。

Implied Volatility Surges as Uncertainty Lingers

不确定性挥之不去，隐含波动率飙升

Implied Volatility (IV) for ETH has also escalated recently, reflecting the prevailing uncertainty and risk within the market. While high IV is typically bearish, the overall sentiment towards ETH remains positive.

ETH 的隐含波动率（IV）最近也有所上升，反映了市场普遍存在的不确定性和风险。虽然高 IV 通常是看跌的，但对 ETH 的整体情绪仍然乐观。

Market Indicators Offer Mixed Signals

市场指标提供混合信号

In the past 24 hours, ETH's price experienced a 3.78% gain, signaling short-term bullish momentum. However, data from Santiment reveals a decline in network growth, indicating waning interest in ETH from new addresses.

过去24小时内，ETH价格上涨3.78%，预示着短期看涨势头。然而，Santiment 的数据显示网络增长下降，表明新地址对 ETH 的兴趣减弱。

Conversely, ETH's velocity has increased, suggesting heightened trading activity and liquidity.

相反，ETH 的流通速度有所增加，表明交易活动和流动性增强。

Unprofitable Holders Await Market Reversal

未盈利的持有者等待市场逆转

Despite the recent price surge, ETH's MVRV ratio remains negative, indicating that holders have yet to make a profit. This suggests a holding pattern among investors, potentially setting the stage for further upward momentum once market conditions improve.

尽管最近价格飙升，但 ETH 的 MVRV 比率仍然为负，表明持有者尚未获利。这表明投资者采取持有模式，一旦市场状况改善，可能为进一步上涨势头奠定基础。

Conclusion

结论

The Ethereum market continues to navigate through volatility, with whales facing liquidations but retail investors demonstrating optimism. Implied Volatility signals lingering uncertainty, while on-chain indicators provide mixed signals. Despite unprofitable holders, the overall sentiment towards ETH remains bullish, with traders anticipating future price appreciation.

以太坊市场继续经历波动，鲸鱼面临清算，但散户投资者表现出乐观。隐含波动率表明不确定性挥之不去，而链上指标则提供了混合信号。尽管持有者无利可图，但人们对 ETH 的整体情绪仍然看涨，交易员预计未来价格会上涨。