Odaily Planet Daily News According to the monitoring of on-chain analyst Ember, as the US SEC requires exchanges to speed up the update of the 19B-4 document on ETH spot ETF, the probability of approval of ETH spot ETF has greatly increased. The price of ETH rose by 18% in 5 hours. During this period, multiple on-chain whales purchased ETH (most of them used leverage): 1. ETH/BTC exchange rate dead long: James Fickel, founder of Amaranth Foundation, continued to borrow 350 WBTC (US$25 million) from Aave and sold it for 43,784 ETH. James Fickel has been long the ETH/BTC exchange rate since early January this year, and has borrowed 2,741 WBTC (US$191 million) from Aave and sold it for 50,688 ETH. His ETH/BTC exchange rate cost is 0.054; 2-3 hours ago, the whale who had made a profit of $20.8 million on ETH and LINK investment borrowed 10 million USDC from Aave and bought 2836.5 stETH at a price of $3,525. This whale also spent 20 million USDC to buy 313.24 WBTC at an average price of 63,848 a week ago (5/14).