Tag: amid high unrealized gains ethereum

The post Ethereum : Old Ethereum Holders Sell Fastest Since 2021: What’s Driving the Exodus? appeared com. Old Ethereum is selling at the quickest rate since 2021, and 45K ETH daily is leaving the veteran wallets with bear market and profit-taking as market conditions. The outflow of ancient Ethereum addresses is increasing at a rapid pace, which has not been observed in more than two years. Statistics show that an average of 45, 000 ETH is being sold by early investors per day, which indicates high levels of market turnover by the 3-10 years 10-year-old group. Analysis by the Cryptopolitan. com marks this occurrence as a strategic change as the whales search for profit-taking exploits to prevent entrapment in new bear cycles. The selling pressure has elicited ETH price dips such as the recent fall to $3,152. 17, made worse by liquidations that reduced open interest to $17 billion. In the meantime, even with this selling wave, a plethora of accumulation wallets, staking contracts, and smart vaults indicates continuous ETH holding and belief in the asset over the long term. Profit-Taking Amid High Unrealized Gains Ethereum and its wallets continue to record significant unrealized profits, reflecting a high market value to realized value (MVRV) ratio of 2. 1, which is the highest in 2025. This means that the majority of holders are in profit, but not all whales are eager to gain profits and enhance their average cost basis. MVRV has not gone negative in the market, which is traditionally associated with capitulation in bull markets, indicating that, even despite the volatility, Ethereum bears are solid. Distribution began in August, but it piles on more quickly as sentiment has gone bad and the liquidation spike in October, the Cryptopolitan source notes. The current sentiment of Ethereum is at the low segment of the fear and greed index, indicating a wary trader. Whale Activity Spurs Market Movements Notable groups of whales, especially.