📊 Ethereum whales are now largely at a loss, as the price of ETH has fallen below their average purchase price.

And it's historically very rare for this to happen!

A very large portion of the biggest ETH wallets accumulated at levels higher than the current price, and this is an unusual situation for these wallets, which are generally better positioned than the rest of the market.

Clearly, they also expected a much better performance.

$ETH

ETH
ETH
1,959.09
-1.30%