CryptoQuant Analyst: All Three Types of ETH Whales Have Entered Loss, First Time Since 2019

CryptoQuant analyst Darkfost pointed out on X that ETH whales have now fallen into a loss, marking the first time this has happened since 2019. Currently, the unrealized profit ratios of all three whale groups are negative: the 1,000 to 10,000 ETH range is at -0.26, the 10,000 to 100,000 ETH range is at -0.21, and the above 100,000 ETH range is at -0.05. Darkfost stated that, based on historical experience, when the ETH market tests the conviction of whales, it often forms a bottom area at the same time. So far, Ethereum has demonstrated considerable resilience.