Data: Major Ethereum whales collectively turn to an unrealized loss for the first time
PANews reported on February 22, citing data from Coin Bureau, that all ETH whales are now "underwater." In this cycle, for the first time, all major Ethereum holder groups are in a floating loss, including wallets holding more than 100,000 ETH. When strong hands (steadfast holders) are feeling the pain, weak hands (unsteady retail investors) have already exited the market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Oil, Inflation, and Fed Risk. Why MicroStrategy Still Wants More Bitcoin Now?
Liying Crypto Talk: Latest Market Analysis of Bitcoin (BTC) and Ethereum (ETH) on November 2
Crypto prices
More
