Recently, the cryptocurrency market witnessed a significant event - the listing of nine Ethereum spot ETFs. This move appears to have had a positive impact on the market, particularly on whale activity. According to Jinse Caijing, data from the Santiment platform revealed the direct effect of this phenomenon. Since July 17th, the number of Ethereum transfers exceeding $100k has not only grown significantly but also shows a more pronounced growth trend when compared to Bitcoin and Tether (USDT). Specifically, the number of ETH transfers exceeding $100k is 64% higher than BTC transfers and 126% higher than USDT transfers on the Ethereum chain. This indicates that the listing of Ethereum spot ETFs has not only attracted more funds into the Ethereum market but also spurred investors to engage in larger-scale trading activities, further driving the development of the Ethereum ecosystem.