In-Depth Analysis: ETH Whales Turn Red, Is This a Market Bottom?

ETH Whales Across All Tiers Now Underwater

New on-chain analysis reveals all ETH holder categories have entered unrealized losses for the first time in this cycle. Even top-tier whales holding over 100,000 ETH are now in negative territory.

Massive Shift in Market Dynamics

Persistent strength from long-term holders has vanished, suggesting market sentiment has reached a critical low. Regular retail investors have already exited positions.

Historical Precedent?

Similar broad-based loss scenarios preceded previous market bottoms. While this could indicate capitulation, volatility remains a concern.

• All whale tiers showing losses
• Market sentiment at rock bottom
• Historical bottom pattern forming