Odaily Planet Daily reports that analyst Darkfost posted on the X platform that all levels of ETH whales’ unrealized profit rates have now turned negative:
Whales holding 1,000 to 10,000 ETH: -0.21
Whales holding 10,000 to 100,000 ETH: -0.18
Whales holding over 100,000 ETH: -0.08
Although ETH price has not yet reached April’s lows, this situation has already occurred. If ETH price continues to decline, these whales may face significant pressure or be forced to liquidate and sell large holdings. Currently, ETH price remains stable, and periods of pressure for large holders often coincide with the formation of medium-term bottoms.
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Analysis: The unrealized profit rates of ETH whales at all levels have turned negative.
Odaily Planet Daily reports that analyst Darkfost posted on the X platform that all levels of ETH whales’ unrealized profit rates have now turned negative:
Whales holding 1,000 to 10,000 ETH: -0.21
Whales holding 10,000 to 100,000 ETH: -0.18
Whales holding over 100,000 ETH: -0.08
Although ETH price has not yet reached April’s lows, this situation has already occurred. If ETH price continues to decline, these whales may face significant pressure or be forced to liquidate and sell large holdings. Currently, ETH price remains stable, and periods of pressure for large holders often coincide with the formation of medium-term bottoms.