#以太坊投资机会 An interesting phenomenon has been observed: whales continue to buy ETH, and a consensus is forming in the industry. Yi Lihua emphasizes that under the premise of risk control and risk-reward ratio, he is optimistic about the spot range. This logic is sound—the movements of whales often reflect the true judgment of large funds.

However, the view of Nansen's CEO is worth pondering. While holding ETH, he points out the issue of community complacency. This is not bearishness but a more rational crisis awareness. TVL and certain indicators are indeed prone to over-interpretation. Ethereum needs to maintain iterative pressure in ecological competition; otherwise, its technological advantage will gradually be eroded.

On the on-chain data layer, whale buying indeed constitutes a supporting signal, but this does not mean there are no risks. The recommended approach is to enter in batches when confirmed that capital inflows are sustained, while also paying attention to on-chain contract movements and large transfer patterns—true opportunities often emerge at moments when data consensus is forming. Currently, a window for participation has been created.