以太坊 (ETH) 交易所跌至歷史最低水平，ETF 可能將價格推向新高

自現貨以太幣交易所交易基金 (ETF) 獲得批准以來，價值超過 30 億美元的以太幣 (ETH) 已從集中式加密貨幣交易所中移除

CoinChapter – Over $3 Billion in Ether Exits Exchanges After Spot ETF Approval

CoinChapter – 現貨 ETF 核准後，超過 30 億美元的以太幣退出交易所

Yerevan, Armenia – More than $3 billion in Ether (CRYPTO: ETH) has left centralized crypto exchanges since the approval of spot Ether exchange-traded funds (ETFs) in the United States on May 23.

亞美尼亞埃里溫—自 5 月 23 日美國批准現貨以太幣交易所交易基金 (ETF) 以來，已有超過 30 億美元的以太幣 (CRYPTO: ETH) 離開中心化加密貨幣交易所。

According to data from CryptoQuant, the exchange reserves of the second-largest cryptocurrency fell by around 797,000 ETH between May 23 and June 2 — valued at $3.02 billion at current prices.

根據 CryptoQuant 的數據，5 月 23 日至 6 月 2 日期間，第二大加密貨幣的外匯儲備減少了約 797,000 ETH，以當前價格計算價值為 30.2 億美元。

This mass exodus of ETH from exchanges indicates a preference for long-term holding over short-term trading, as investors are moving their coins to self-custody. Lower exchange reserves also mean that fewer coins are available for sale.

以太幣從交易所大規模流出表明投資者更傾向於長期持有而不是短期交易，因為投資者正在將其代幣轉向自我託管。較低的外匯存底也意味著可供出售的硬幣較少。

Reserves at Lowest Level in Years

儲量處於多年來最低水平

Data from Glassnode, shared by BTC-ECHO analyst Leon Waidmann, shows that the percentage of circulating Ether supply on exchanges is now at its lowest in years, at just 10.6%.

BTC-ECHO 分析師 Leon Waidmann 分享的 Glassnode 數據顯示，交易所流通的以太幣供應量比例目前處於多年來的最低水平，僅為 10.6%。

This decline in exchange reserves could have significant implications for the market. As more Ether is moved off exchanges, the reduced availability could lead to increased price volatility. With fewer coins available for trading, the market may experience sharper price movements.

外匯存底的下降可能會對市場產生重大影響。隨著越來越多的以太幣被移出交易所，可用性的減少可能會導致價格波動加劇。由於可交易的代幣減少，市場可能會經歷更劇烈的價格波動。

Bloomberg ETF analyst Eric Balchunas said last week that there is a “legit possibility” that Ether ETFs will launch by late June. Some analysts believe that once these ETFs start trading, the increased demand could propel Ether to break its November 2021 all-time high of $4,870.

彭博 ETF 分析師 Eric Balchunas 上週表示，以太坊 ETF 有「合法的可能性」將在 6 月底推出。一些分析師認為，一旦這些 ETF 開始交易，需求的增加可能會推動以太幣突破 2021 年 11 月的歷史高點 4,870 美元。

The launch of spot Ether ETFs is expected to attract a lot of investor interest, similar to what happened with Bitcoin ETFs in January. BitMEX Research showed that Bitwise’s BITB had the highest inflows on the first day with $237.9 million, followed by Fidelity’s FBTC with $227 million, and BlackRock’s IBIT with $111.7 million.

以太幣現貨 ETF 的推出預計將吸引大量投資者的興趣，類似於 1 月比特幣 ETF 的情況。 BitMEX 研究顯示，Bitwise 的 BITB 第一天流入量最高，為 2.379 億美元，其次是富達的 FBTC，為 2.27 億美元，貝萊德的 IBIT 為 1.117 億美元。

In a May 28 report, crypto and DeFi analysis firm Messari's Michael Nadeau said that Ether could benefit even further from demand pressures compared to Bitcoin. Unlike Bitcoin miners, who must sell BTC to cover mining costs, Ethereum validators do not face the same operating expenses. This dynamic could create a scenario where Ether demand outpaces supply.

在 5 月 28 日的一份報告中，加密貨幣和 DeFi 分析公司 Messari 的 Michael Nadeau 表示，與比特幣相比，以太坊可能會從需求壓力中進一步受益。與必須出售 BTC 以支付挖礦成本的比特幣礦工不同，以太坊驗證者不會面臨相同的營運費用。這種動態可能會造成以太坊需求超過供應的情況。

However, there are concerns about the potential impact of Grayscale's Ethereum Trust (ETHE), which manages $11 billion in funds. If ETHE follows the pattern of the Grayscale Bitcoin Trust (CRYPTO: GBTC), which saw $6.5 billion in outflows in the first month after approval, it could influence Ether's price action.

然而，人們擔心管理 110 億美元資金的 Grayscale 以太坊信託 (ETHE) 的潛在影響。如果 ETHE 遵循灰階比特幣信託基金 (CRYPTO: GBTC) 的模式，該信託基金在獲得批准後的第一個月就出現了 65 億美元的資金外流，那麼它可能會影響 ETH 的價格走勢。

Continue reading on CoinChapter

繼續閱讀 CoinChapter