In-Depth Analysis: Ethereum Whales Face Unrealized Losses, Could This Signal an Intermediate Bottom?

What Do Ethereum Whale Losses Indicate?

According to the latest analysis by CryptoQuant, Ethereum whales across various holding tiers are now collectively in unrealized loss territory—a rare occurrence. Notably, whales holding between 1,000–10,000 ETH and 10,000–100,000 ETH are sitting at -0.21 and -0.18 unrealized profit margins, respectively, while those with over 100,000 ETH also show a -0.08 loss.

Potential Turnaround Amid Market Pressure

Although ETH remains within a critical support zone, this widespread loss scenario typically reflects deep market pessimism. Historical patterns suggest that similar phases often mark intermediate bottoms.

• Increasing pressure on whale holdings
• Potential selling pressure ahead
• But key support levels remain critical

Outlook for ETH Price Movements

Further price declines could significantly amplify whale selling pressure, potentially triggering capitulation. However, whether ETH can hold its ground within the current range will be crucial in determining if this correction phase is nearing its end.