Darkfost: Unrealized Profit Margins for ETH Whales at All Levels Turn Negative

Odaily News, analyst Darkfost posted on X platform stating that the unrealized profit margins for ETH whales at all levels have now turned negative:

- Whales holding 1,000 to 10,000 ETH: -0.21

- Whales holding 10,000 to 100,000 ETH: -0.18

- Whales holding over 100,000 ETH: -0.08

This situation has occurred even though the ETH price has not yet reached the lows of April. If the ETH price declines further, these whales could face significant pressure and might be forced to liquidate and sell off large portions of their holdings. Currently, the ETH price remains stable, and periods when large holders are under pressure often coincide with the formation of mid-term bottoms.