According to Odaily Planet Daily, Spot On Chain monitoring shows that after Hong Kong approved the application for spot Bitcoin and Ethereum ETFs, eight whales who had previously profited from ETH increased their holdings of ETH again. In the past 1.5 hours, they spent a total of 31.88 million USDT and USDC to buy 9,787 ETH, with an average price of about US$3,257.