An interesting observation: a major holder currently owns approximately 62.7 million $ETH, with a total market value close to $1.94 billion. Breaking it down, the average entry price for these Ethereum holdings is around $3,105.
And now, $ETH 's price just happens to be close to this cost basis. What does this mean? It indicates that the previously unrealized gains on these positions now have little to no profit margin.
However, looking at the entire portfolio, the situation is still okay. $BTC, $BCH, $BNB, and $WLFI are all still in profit on paper. Only $ASTER has exited due to early stop-loss cuts, and $ETH is currently in a slight retracement.
At such times, the biggest test for holders' mentality is—continue holding and wait for a rebound, or sell at the top? There is no standard answer in the crypto world.
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MerkleDreamer
· 7h ago
6.27 million ETH are close to the cost basis, how strong is this big player's mentality? If I had this position, I would have been unable to sleep long ago.
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MidnightTrader
· 7h ago
6.27 million ETH have touched the cost line. How strong must this big investor's mentality be? I need to learn from it.
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HashRatePhilosopher
· 7h ago
6.27 million tokens, that's really impressive, but spreading it over a cost line of 3105 is now a bit awkward...
This is the fate of big players, the unrealized gains are gone in an instant.
By the way, BTC is still stable, is it just ETH that can't withstand this wave of correction?
An interesting observation: a major holder currently owns approximately 62.7 million $ETH, with a total market value close to $1.94 billion. Breaking it down, the average entry price for these Ethereum holdings is around $3,105.
And now, $ETH 's price just happens to be close to this cost basis. What does this mean? It indicates that the previously unrealized gains on these positions now have little to no profit margin.
However, looking at the entire portfolio, the situation is still okay. $BTC, $BCH, $BNB, and $WLFI are all still in profit on paper. Only $ASTER has exited due to early stop-loss cuts, and $ETH is currently in a slight retracement.
At such times, the biggest test for holders' mentality is—continue holding and wait for a rebound, or sell at the top? There is no standard answer in the crypto world.