以太坊鲸鱼没有显示出其立场的迹象，有些甚至在Neo Pepe协议等新的预售上大放异彩。这对ETH的未来意味着什么？

Ethereum Whales: Still Holding Strong, Eyeing New Opportunities?

以太鲸：仍然有强大的新机会吗？

Ethereum whales aren't running for the exits! Despite market jitters, these big players are holding onto their ETH and even exploring new ventures, like the Neo Pepe Protocol presale. What's up with that?

以太坊鲸鱼没有为退出而奔跑！尽管市场上有些不安，但这些大型参与者仍在坚持自己的ETH，甚至探索新的企业，例如Neo Pepe Protoper Presale。那怎么了？

Whales Aren't Selling? That's Kinda Bullish

鲸鱼不卖？那有点看好

Recent reports from CryptoQuant highlight a fascinating trend: Ethereum whales are not behaving like they did during the 2021 market top. Back then, they were rapidly offloading their holdings. Now? Not so much. They're chillin', possibly expecting more upside or just hesitant to bail early amidst potential ETF approvals and other macro tailwinds. In simpler terms, they think ETH still has room to grow.

CryptoQuant的最新报道突出了一个引人入胜的趋势：以太坊鲸鱼的行为不像2021年市场的顶级。那时，他们正在迅速卸载自己的股份。现在？不多。他们很寒意，可能期望在潜在的ETF批准和其他宏观方面的潜在ETF批准和其他宏观障碍中保释更多的上升空间或犹豫。用更简单的话来说，他们认为ETH仍然有成长的空间。

Neo Pepe Protocol: Why Whales Are Diving into Meme Coins (Seriously)

Neo Pepe协议：为什么鲸鱼会潜入模因硬币（认真）

Here's where things get interesting. Ethereum whales aren't just hodling; they're also exploring new opportunities, specifically the Neo Pepe Protocol presale. Over $102,000 has been raised already, and it's not just retail investors throwing in a few bucks. Institutions and high-net-worth individuals are paying attention. Why? Governance, baby!

这是事情变得有趣的地方。以太坊鲸鱼不仅仅是hodling。他们还在探索新的机会，特别是Neo Pepe协议预售。已经筹集了超过102,000美元，这不仅仅是零售投资者投入几美元。机构和高净值个人正在关注。为什么？治理，宝贝！

Governance That Actually Matters

实际上重要的治理

The Neo Pepe Protocol boasts a DAO framework that aims to hand real power to token holders. We're talking token burns, auto-liquidity mechanisms, and a transparent community-controlled treasury – all executed on-chain. It's not just a meme; it's a potential experiment in decentralized power. Whales like governance, who knew?

NEO PEPE协议拥有一个DAO框架，旨在将真正的权力授予代币持有人。我们正在谈论代币烧伤，自动液体机制以及透明的社区控制的财政部 - 均由链上执行。这不仅仅是模因；这是分散力量的潜在实验。像治理这样的鲸鱼，谁知道？

Strategic Accumulation: Whales Are Loading Up on ETH

战略积累：鲸鱼正在加载ETH

Beyond meme coins, whales have been actively increasing their ETH holdings. As of June 2025, wallets holding between 1,000 and 100,000 ETH accumulated approximately 1.49 million ETH in the past month, now controlling nearly 27% of the circulating supply. One whale even dropped $11.7 million on 4,521 ETH. That's confidence right there.

除了模因硬币之外，鲸鱼还在积极增加其ETH持有量。截至2025年6月，在过去一个月中，持有1,000至100,000 ETH的钱包累积了约149万ETH，现在控制着近27％的循环供应。一只鲸甚至在4,521 ETH上跌出了1,170万美元。那是信心。

My Take: Cautious Optimism with a Side of Meme Magic

我的看法：谨慎的乐观情绪与模因魔术的一面

While the market can be as predictable as a New York City subway schedule, the behavior of these Ethereum whales suggests a cautious optimism. They're not panicking, they're strategically accumulating, and they're even dipping their toes into innovative (and yes, meme-inspired) projects that promise real governance. It's a mix of classic hodling and forward-thinking exploration.

尽管市场可以像纽约市的地铁计划一样可预测，但这些以太鲸的行为表明了谨慎的乐观情绪。他们没有惊慌，在战略上积累了策略，甚至将脚趾浸入了有望真正治理的创新（是模因启发的）项目中。这是经典的霍德林和前瞻性探索的混合体。

However, don't get *too* excited. Remember Standard Chartered's warning: if Bitcoin dips below $90,000, some companies heavily invested in BTC could face liquidation risks. While this isn't directly about Ethereum, interconnectedness is the name of the game in crypto.

但是，不要太兴奋。请记住，标准宪章的警告：如果比特币下降到90,000美元以下，一些对BTC投资的公司可能会面临清算风险。虽然这与以太坊直接相关，但相互联系是加密游戏中游戏的名称。

The Bottom Line

底线

Ethereum whales are playing the long game. Whether it's hodling ETH, accumulating more, or exploring new governance models, they're not showing signs of an imminent exit. So, keep an eye on those whale wallets – they might just give you a clue about what's coming next. And who knows, maybe Neo Pepe Protocol will actually revolutionize decentralized governance. Stranger things have happened, right?

以太坊鲸鱼正在玩漫长的比赛。无论是在努力竞争，积累更多还是探索新的治理模型，它们都没有显示出即将出口的迹象。因此，请密切注意那些鲸鱼钱包 - 他们可能会为您提供有关接下来会发生什么的线索。谁知道，也许Neo Pepe协议实际上会彻底改变分散的治理。陌生人的事情发生了，对吗？