Ethereum returns above US$2,700, with two giant whales leading the rally.
In just five days, the two giant whales have invested a total of approximately US$106.4 million to buy Ethereum (ETH). The largest transaction involved a giant whale selling 1,107 bitcoins, then buying 34,422 Ethereum coins and pledging all the coins. The move came amid an outflow of approximately US$140 million recorded by the Ethereum Spot ETF in the week of September 18. This week, the cryptocurrency market showed a distinctive feature: the operation of large wallets far exceeds that of traditional funds.
Quick overview of core points
- Giant whale purchases: Two giant whales purchased approximately US$106.4 million worth of ETH in five days.
- Large-scale conversion and pledge: A single address converted 1,107 BTC into 34,422 ETH, and completed the full pledge.
- Price Breakthrough: Ethereum exceeded the US$2,700 mark for the first time since January 31.
Giant whale converts $86.7 million in bitcoin into Ethereum
The most eye-catching operation comes from the Hyperliquid platform. In five days, a giant whale sold 1,107 bitcoins (approximately US$86.76 million), and immediately spent nearly US$86.5 million to buy 34,422 ETH. It is worth noting that these ETH were not transferred back to the trading platform for sale, but were all pledged.
这一动向值得与近期另一组数据进行对比:截至9月初,加密货币交易所的ETH储备已降至1,488万枚的多年来低位,而质押量的ETH数量则达到4,310万枚。
事实上,这名巨鲸的行动早在数天前便已开始。9月18日,有11个可能属于同一主体的新钱包卖出602枚比特币,换取18,780枚ETH。此后,又有约505枚比特币被卖出,并额外购入15,642枚ETH。
这并非近期唯一从比特币向以太坊转移资金的案例。在9月15日《CLARITY法案》投票前的几小时内,另一个钱包也将866枚BTC兑换成了26,924枚ETH。在这两个案例中,链上数据的流动清晰可见,但持有者的确切身份及动机仍属未知。
第二大买家携3,217万美元USDC回归
第二个被关注的钱包(地址以0x4cee开头)在以太坊操作上有着相当丰富的历史。7月21日,该地址向Binance存入2,000万USDC,随后提款并买入10,501枚ETH,当时单价约为1,904美元。一个月后,该地址以2,252美元的均价售出约10,500枚ETH,估算获利约366万美元。
今年9月,该钱包在高价位再次入场。区块链数据显示了三次向Binance的真实转账记录:分别为200万USDC、1,800万USDC以及最终的1,217万USDC,总计3,217万美元。随后,该钱包提款了价值约1,993万美元的7,567枚ETH。
目前,仍有近1,200万美元的存款未显示任何可识别的链上ETH购买行为。这笔资金可能仍留在Binance账户中,尚无证据表明其将被完全用于购买以太坊。
生态系统的其他积累动作
除了上述巨鲸操作外,生态系统其他部分也经历了数周的积累。例如,BitMine最近花费约6,800万美元购入了27,180枚ETH,使其总储备量接近600万枚。这些规模已不再微不足道。
以太坊突破2,700美元,加密ETF走向相反方向
在数据发布时,ETH的交易价格约为2,738美元,24小时内上涨约6%,30天内上涨约11%。自1月31日以来,以太坊尚未突破过2,700美元大关。
这与ETF的表现形成了鲜明对比。在截至9月18日的一周内,以太坊现货ETF录得了约1.4亿美元的净流出。与此同时,前述两名巨鲸投入的资金总额超过1.06亿美元。但这并不意味着价格上涨仅由他们的购买行为驱动,比特币当时也正向85,000美元攀升,整体加密货币市场均在上涨。
此前,以太坊已积蓄动能。在美国通胀数据公布后的几天里,ETH曾上涨7.46%至2,619美元,实现了初步反弹。如今,大型钱包的操作为这一趋势增添了新的数据支撑:一名巨鲸质押了34,422枚ETH,另一名巨鲸从Binance提款了7,567枚ETH,总投入达1.064亿美元。而在这些资金涌入的同时,上市基金却在持续流出资金。

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