以太坊市资本化的第二大加密货币

由于尚不清楚尚不清楚什么，因此最近成为了一些繁重的市场运动的主题。

The second-largest cryptocurrency by market capitalization, Ethereum, has lately been the subject of some heavy market movements because of—well, it’s not quite clear what yet.

市场资本化的第二大加密货币以太坊最近成为了一些重型市场转移的主题，因为 - 尚不清楚什么还不清楚。

On March 27, hackers executed a series of coordinated moves, dumping large amounts of Ethereum onto the market. This has, understandably, raised some concerns about volatility and security within the Ethereum ecosystem. Not to mention, those hackers probably shouldn’t be doing what they’re doing. This has all been happening alongside a severe downturn in Ethereum-related exchange-traded funds (ETFs). Not fun times for investors in the digital asset world.

3月27日，黑客执行了一系列协调的举动，将大量以太坊投入到市场上。可以理解，这引起了人们对以太坊生态系统中波动和安全性的一些担忧。更不用说，这些黑客可能不应该做他们在做的事情。这一切都与以太坊相关的交易所交易基金（ETF）的严重低迷一起发生了。对于数字资产界的投资者来说，这并不有趣。

The Hack: Large ETH Dump and the Impact on the Market

黑客：大型ETH垃圾场和对市场的影响

As per the latest reports, a fresh wallet has obtained 3,433 ETH from the THORChain decentralized liquidity network. It then promptly sold the same for 6.8 million DAI, putting the price per ETH at $1,981 during the time of the sale. This transaction, albeit a large one, was just an appetizer. Two other wallets, possibly linked to the same group of intruders, were served the main course—a total of 14,064 ETH obtained from THORChain and the Chainflip decentralized exchange. These wallets then flipped their Ethereum for 27.5 million DAI at an average price of around $1,956 per ETH.

根据最新报道，新的钱包已经从胸腔分散的流动性网络中获得了3,433个ETH。然后，它立即以680万迪的价格出售了同样的价格，在销售期间，每ETH的价格为1,981美元。这项交易（尽管很大）只是开胃菜。另外两个可能与同一组入侵者相关的钱包被送达了主菜，共有14,064个ETH从Thorchain和Chainflip分散交易所获得。然后，这些钱包以2750万dai的平均价格翻转了以太坊，每个ETH的平均价格约为1,956美元。

The dump of ETH is very concerning, and the amount involved — more than 17,000 ETH — is a substantial portion of what’s available on the market. The pressure this forced onto Ethereum opened a window for speculators to take the price down. And for a token that has been struggling to find legs lately, the market did not need any help from the outside to lower it further.

ETH的转储非常令人担忧，涉及的金额（超过17,000）是市场上可用物品的很大一部分。这被迫进入以太坊的压力为投机者打开了一个窗口，以降低价格。对于最近一直在努力找到腿部的代币，市场不需要外部的任何帮助就可以进一步降低它。

Meanwhile, the hackers behind the hack have plenty of other avenues they could use to put their DAI to work. They could convert it to another asset, still using a pseudo-anonymous method through mixers and other tools. Or, they could find a way to put it to work, which is honestly something we should all be holding our breath for.

同时，黑客背后的黑客还有很多其他途径，可以用来使自己的dai上班。他们可以将其转换为另一个资产，但仍使用伪匿名方法和其他工具使用伪匿名方法。或者，他们可以找到一种使它起作用的方法，老实说，这是我们所有人都应该屏住呼吸的方法。

Ethereum ETFs See Outflows Amid the Market Disturbance

以太坊ETF看到市场干扰中的流出

Continuing with the relevant financial products, there was a total net outflow of $4.22 million from Ethereum-focused exchange-traded funds (ETFs) on March 27. Notably, none of the nine Ethereum ETFs that we tracked during this timeframe were able to muster any net inflows. This fact, coupled with the total outflow, indicates a pronounced turn in investor sentiment toward these Ethereum products.

继续使用相关的金融产品，从3月27日，以以太坊交换基金（ETF）的总净流出为422万美元。值得注意的是，我们在此期间所追踪的九个以太坊ETF中没有一个能够召集任何净流入。这一事实与总流出相结合，表明投资者对这些以太坊产品的情绪明显转变。

There was a total net inflow of $89.06 million from U.S. spot Bitcoin ETFs on March 27, marking the tenth consecutive day of net inflows. Spot Ethereum ETFs saw a total net outflow of $4.22 million, and none of the nine ETFs clocked any net inflow.

3月27日，美国现货比特币ETF的总净流入总额为8906万美元，标志着净流入的第十天。现场以太坊ETF的总净流出为422万美元，而九个ETF中没有一个净流入。

This is a big step for Ethereum. For ETF, see “Ethereum ETF.” An Ethereum ETF would allow institutional investors to invest in the Ethereum blockchain and Ether, the cryptocurrency that blockchain “powers,” without holding Ethereum directly. This is a great way for institutional investors to get exposure without having to hold the underlying asset. The problem is that it makes Ethereum a far less stable investment in the long run. And this is quite clearly because there are security issues with Ethereum.

这是以太坊的重要一步。对于ETF，请参见“以太坊ETF”。以太坊ETF将允许机构投资者投资以太坊区块链和以太，即区块链“权力”的加密货币，而无需直接持有以太坊。这是机构投资者在不必持有基础资产的情况下获得曝光率的好方法。问题在于，从长远来看，以太坊的投资要降低得多。这很明显，因为以太坊存在安全问题。

Broader Implications for Ethereum and the Crypto Market

对以太坊和加密市场的更广泛影响

The actions of these hackers and the liquidations of Ethereum ETFs could have broader implications for the cryptocurrency market.

这些黑客的行动和以太坊ETF的清算可能对加密货币市场具有更广泛的影响。

As these ETFs are pulling back, they’re selling ETH in big quantity—perhaps in response to the recent price drop or as part of some broader portfolio adjustments. The thinking here is that if these ETFs are pulling back, they may be selling ETH to decrease their risk exposure, which could be a factor in the continuing decline of the digital asset.

随着这些ETF的退缩，他们大量出售ETH - 也许是响应最近的价格下跌或作为一些更广泛的投资组合调整的一部分。这里的想法是，如果这些ETF退缩，它们可能正在出售ETH以降低风险敞口，这可能是数字资产持续下降的一个因素。

However, hackers haven’t been sitting idle, either. They’ve also been busy selling off a big pile of ETH. According to Lookonchain, a crypto analysis firm, two fresh wallets—likely linked to the same group of intruders—were served a main course of 14,064 ETH, obtained from both THORChain and the Chainflip decentralized exchange. They flipped this ether for 27.5 million DAI at an average price of around $1,956 per ETH.

但是，黑客也没有闲置。他们还一直在忙着出售一大堆ETH。根据加密分析公司Lookonchain的说法，两个新鲜的钱包与同一组入侵者相关 - 主要是从Thorchain和Chainflip分散交易所获得的14,064个ETH的主课程。他们以每ETH的平均价格以2750万美元的价格翻转了这一以太。

The thinking here is that if these ETFs are pulling back, they may be selling ETH to decrease their risk exposure, which could be a factor in the continuing decline of the digital asset. But if we're thinking about broader implications, then we should also be thinking about the fact that these hackers are pulling back, too. According to Lookonchain, a crypto analysis firm, two fresh wallets—likely linked to the same group of intruders—were served a main course of 14,064 ETH, obtained from both THORChain and the Chainf

这里的想法是，如果这些ETF退缩，它们可能正在出售ETH以降低风险敞口，这可能是数字资产持续下降的一个因素。但是，如果我们考虑更广泛的含义，那么我们也应该考虑这些黑客也正在退缩的事实。根据加密分析公司Lookonchain的说法，两个新鲜的钱包与同一组入侵者相关 - 从Thorchain和Chainf获得了14,064 ETH的主课程。