[ZhuSu: If Ethereum spot ETF is approved, Ethereum will rise to $5,400] On May 21, ZhuSu, the former founder of Three Arrows Capital, wrote that ETH has started to rise. It was mentioned before that if the Ethereum spot ETF is really approved, then ETH will rise 80% from $3,000 to $5,400, and Bitcoin will rise to $80,000 (ETH/BTC exchange rate reaches 0.0675), which will also be a new high for ETH prices.

[A new wallet hoarded ETH after the market rebounded, and currently holds 23,200 ETH] Golden Finance reported that according to Scopescan monitoring, after the ETH price rebounded, a new wallet began to hoard ETH from Coinbase Prime and now holds 23,200 ETH (about $89 million).​​​

【Justin Sun currently holds 665,000 ETH, of which 390,000 were bought between the end of 2023 and the end of April this year】 Golden Finance reported that according to the monitoring of on-chain analyst Ember, Justin Sun currently holds 665,000 ETH (US$2.0447 billion), of which 390,000 (US$1.0435 billion) were bought at an average price of US$2,984 between the end of 2023 and the end of April this year.