Coin Bureau: ETH Whales Across All Tiers Are in Unrealized Loss for the First Time

Odaily News According to data cited by Coin Bureau, ETH whales across all tiers (categorized into three tiers: holdings over 100,000 ETH, 10,000 to 100,000 ETH, and 1,000 to 10,000 ETH) are now all "underwater."

In this market cycle, ETH holder groups of different sizes are all in a state of unrealized loss for the first time, even including the whale group holding over 100,000 ETH. When strong hands (conviction holders) are feeling the pain, weak hands (non-conviction retail investors) have already exited the market.