ETH售价为$ 10K？对冲资金和电报如何塑造以太坊的未来

对冲基金正在缩短ETH，而Sharplink Gaming和Telegram等巨头则采取了重大举措。 $ 10K ETH还在桌上吗？

ETH at $10K? How Hedge Funds and Telegram are Shaping Ethereum's Future

ETH售价为$ 10K？对冲资金和电报如何塑造以太坊的未来

The world of ETH, $10K targets, and hedge fund strategies is heating up! From bold predictions to surprising acquisitions, let's dive into what's shaping Ethereum's trajectory.

ETH的世界，$ 10K的目标和对冲基金策略正在加热！从大胆的预测到令人惊讶的收购，让我们深入了解塑造以太坊轨迹的原因。

Hedge Funds Go Short: A Risky Bet?

对冲基金简短：一个冒险的赌注？

Hedge funds are making a significant play by shorting ether, racking up a massive $1.73 billion on the CME, according to data. This strategy, highlighted by X account zerohedge, involves a basis trade where they short ETH on the CME while simultaneously buying spot ETFs.

数据显示，对冲基金通过短路以太币进行了重要的发挥，在CME上赚了17.3亿美元。该策略由X Account ZeroHedge强调，涉及一个基础贸易，在该策略中，他们在CME上缺乏ETH，同时购买现场ETF。

Why this move? Traders can potentially secure around 9.5% per year through this approach. Adding another layer, shorting ETH while buying and staking spot ETH could yield an additional 3.5% annually. However, this staking perk isn't available to those holding spot ETFs, as custody is managed by the ETF provider.

为什么这一举动？通过这种方法，交易者每年可能每年获得约9.5％的速度。添加另一层，在购买和占有地点时缩短ETH每年可能会产生3.5％的额外。但是，由于ETF提供商管理了监护权，因此那些持有现场ETF的人无法使用这种藏匿处。

SharpLink Gaming's ETH Accumulation: A Bullish Signal?

Sharplink游戏的ETH积累：看涨信号？

While some are betting against ETH, others are doubling down. SharpLink Gaming has solidified its position as the largest corporate holder of ether globally, even surpassing the Ethereum Foundation! Between July 7 and July 13, 2025, they acquired approximately 74,656 ETH for roughly $213 million, averaging $2,852 per ETH. Their total holdings now stand at around 280,706 ETH.

虽然有些人押注ETH，但另一些人则加倍。 Sharplink Gaming巩固了其作为全球Ether最大公司持有人的地位，甚至超过了以太坊基金会！在2025年7月7日至7月13日之间，他们以约2.13亿美元的价格收购了约74,656 ETH，平均每ETH $ 2,852。现在，他们的总股份约为280,706 ETH。

This aggressive strategy is fueled by raising $413 million through share sales. A staggering 99.7% of their ETH holdings are actively staked, generating around 415 ETH in staking rewards since June 2, 2025. Chairman Joseph Lubin, a co-founder of Ethereum, envisions SharpLink at the forefront of digital commerce, leveraging Ethereum's power in DeFi and blockchain infrastructure.

通过股票销售筹集了4.13亿美元，这种积极的策略是为了推动这种积极的策略。自2025年6月2日以来，他们的ETH持股中有99.7％的ETH持有量正在积极储存。

Telegram's Tac: Bridging Ethereum to the Masses

电报的TAC：将以太坊桥接到大众

Telegram is making waves with the launch of Tac, a layer-1 EVM-compatible network that bridges Ethereum DeFi applications to the TON and Telegram ecosystems. This allows seamless interaction with popular DeFi protocols directly within Telegram, unlocking new opportunities for users and developers alike.

Telegram通过TAC的推出，TAC是一个兼容EVM兼容的网络，将以太坊Defi应用程序桥接到TON和Telegram生态系统中。这允许直接在电报中与流行的Defi协议无缝互动，从而为用户和开发人员提供了新的机会。

Tac enables Ethereum-based DApps to run natively on TON without extensive code modifications. Co-founder Marco Monaco emphasizes that Tac is a standalone blockchain with its own native jetton token, deeply integrated with TON’s infrastructure. With $11.5 million raised through funding rounds, Tac is set to democratize access to financial services through a familiar interface.

TAC使基于以太坊的DAPP可以在不进行广泛的代码修改的情况下本地运行。联合创始人马可·摩纳哥（Marco Monaco）强调，TAC是一个独立的区块链，拥有自己的本地Jetton代币，与Ton的基础设施深入融合。 TAC通过筹集资金筹集了1,150万美元，将通过熟悉的界面民主化对金融服务的访问。

$10K ETH: Still in the Cards?

$ 10K ETH：仍在卡片中？

Eric Jackson, founder of EMJ Capital, remains bullish on ether. He believes the market underestimates upcoming developments, especially the approval of staking for ETH ETFs. Jackson's firm anticipates a supply crunch driven by increased institutional demand, reduced circulating supply, and passive investment flows from traditional finance.

EMJ Capital的创始人埃里克·杰克逊（Eric Jackson）仍然看好以太。他认为，市场低估了即将到来的发展，尤其是对ETH ETF的批准。杰克逊的公司预计，由机构需求增加，循环供应减少以及传统财务的被动投资流动所驱动的供应紧缩。

Jackson projects a base case of ether reaching $10,000 by the end of the current market cycle, with a more optimistic scenario of $15,000 or higher if layer-2 adoption and ETF inflows exceed expectations. He sees Ethereum as an undervalued network poised to become an institutional-grade yield product.

杰克逊（Jackson）预计，到当前市场周期结束时，以太的基本案例将达到10,000美元，如果采用2层和ETF流入超过预期，则更乐观的情况为15,000美元或更高。他认为以太坊是一个被低估的网络，该网络有望成为机构级产物产品。

Final Thoughts: The Ethereum Rollercoaster

最终想法：以太坊过山车

From hedge funds shorting ETH to Telegram integrating DeFi, the Ethereum landscape is anything but boring. While $10K ETH remains a hot topic, the underlying developments suggest a dynamic and evolving ecosystem. Buckle up, folks! It's going to be an interesting ride.

从对冲基金短路ETH到整合Defi的电报，以太坊的景观并不无聊。虽然$ 10K ETH仍然是一个热门话题，但基本的发展表明了一个动态而不断发展的生态系统。搭扣，伙计们！这将是一个有趣的旅程。