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

ETH2,95%

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

Tom Lee’s BitMine Acquires 60,976 ETH, Holdings Now $10.3B

Bitmine Immersion Technologies reports total assets of $10.3 billion, including 4.53M ETH. With 3.04M ETH staked, it generates $174M annually at a 2.91% yield. The firm seeks to reach 5% of total ETH supply and is expanding its staking infrastructure.

CryptoFrontNews53m ago

ETH 15-minute increase of 1.02%: Ecosystem upgrade expectations resonate with active buying, driving the rally

From 14:30 to 14:45 (UTC) on March 10, 2026, ETH recorded a short-term gain of +1.02%, with the price rising from 2024.3 USDT to 2047.18 USDT, an amplitude of 1.13%. Trading volume during this period significantly increased, with active addresses rising from 12,800 to 15,600, and large on-chain transfers up by 30.2%, reflecting a notable increase in market attention and volatility. The main driver of this movement is the Ethereum "Verde" technical upgrade testnet news.

GateNews1h ago

Whale pension-usdt.eth recently opened a long position. CL still holds 1,000 BTC and a threefold short position.

Gate News Report, March 10 — According to Onchain Lens monitoring, the whale address pension-usdt.eth, which previously made huge profits on BTC and ETH, recently opened a 2x leveraged CL long position on Hyperliquid. Meanwhile, the address still holds a 3x leveraged short position in BTC, totaling 1,000 BTC, with a nominal value of approximately $69.89 million, currently with an unrealized loss of about $1 million.

GateNews2h ago
Comment
0/400
No comments