Svmuu News: According to monitoring by CryptoQuant analyst Darkfost, ETH whales are now in the red for the first time since 2019. Even during the 2022 bear market, the largest whales—those holding over 100,000 ETH—remained profitable.Currently, the unrealized profit ratios for all three categories of whales are negative: -0.26 for the 1,000 to 10,000 ETH range,the -0.21 for the 10,000 to 100,000 ETH range, and -0.05 for the over 100,000 ETH range. This situation has persisted for several weeks.
Darkfost noted that, based on historical experience, when the ETH market tests the resolve of whales, it often coincides with the formation of a bottom, and Ethereums have demonstrated considerable resilience so far.
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All three categories of ETH whales are in the red for the first time since 2019
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Source：Odaily · Source Link
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