Analysis: Ethereum whales are overall at a floating loss, which may form a mid-term bottom.

ETH-0,52%

BlockBeats News, February 20 — CryptoQuant analyst Darkfost stated, "Ethereum whales are under pressure, and this recent correction is affecting all investors. Currently, the unrealized profit rates of Ethereum whales have turned negative:

· Holding 1,000–10,000 ETH: -0.21

· Holding 10,000–100,000 ETH: -0.18

· Holding over 100,000 ETH: -0.08

If ETH continues to decline, these whales may face greater pressure and could be forced to sell off large holdings in a capitulation. However, ETH is still holding steady within a key range, and historically, similar periods of pressure often coincide with the formation of medium-term bottoms."

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

If Ethereum breaks above $2000, the total liquidation strength of mainstream CEX short positions will reach 423 million.

If Ethereum breaks above $2000, the liquidation strength of mainstream CEX short positions will reach 423 million; if it falls below $1900, the long position liquidation strength will reach 582 million. The liquidation chart shows the extent of the market impact caused by price movements.

GateNewsBot16m ago

Data: If ETH drops below $1,872, the total long liquidation strength on major CEXs will reach $903 million.

ChainCatcher reports that, according to Coinglass data, if ETH drops below $1,872, the total long liquidation strength on major CEXs will reach $903 million. Conversely, if ETH breaks above $2,050, the total short liquidation strength on major CEXs will reach $547 million.

GateNewsBot1h ago

Sharplink Doubles Down on Ethereum Amid Institutional Surge

Sharplink, Inc. has significantly enhanced its Ethereum strategy, holding 867,798 ETH and staking nearly all to ensure consistent rewards for shareholders. Despite Ethereum's decline, institutional ownership has risen to 46%, reflecting investor trust. Recent brand updates and new hires focus on transparency and Ethereum growth.

CryptoFrontNews1h ago

Vitalik Buterin Reveals Ethereum’s Plan to Fight Censorship

_FOCIL ensures rapid inclusion of Ethereum transactions, even under adversarial conditions._ _EIP-8141 enables smart accounts and privacy protocols to operate onchain directly._ _Ethereum upgrades aim to maintain decentralization while strengthening censorship resistance._ Ethereum co-f

LiveBTCNews1h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)