Internet reports that CryptoQuant founder and CEO Ki Young Ju shared some bullish views on ETH on platform X: 1. There was no obvious selling pressure after the Bybit hacking incident. On-chain data and market data remain neutral. Selling on the exchange takes time, while selling on the OTC trade has little effect on prices. 2. Ethereum accounts for 56% of the stablecoin market share. As Trump relaxes cryptocurrency regulations, more companies may use Ethereum-based stablecoins and smart contracts in 2025. 3. The ETH spot ETF has been approved. Good regulatory benefits may trigger a "big ETF copycat season" that will push ETH up this year. 4. Giant whales are accumulating: The wallet balance of 10K 100K ETH has increased by 24% in the past year, mainly from wallets below 1K ETH. Current prices are close to the cost basis of these cumulative addresses.