CryptoOnchain

๐Ÿš€ ETH Unrealized Profits of Mid-Sized Whales Hit Levels Last Seen at ATH in Nov 2021

The unrealized profit of Ethereum wallets holding 10Kโ€“100K ETH has now climbed to levels comparable to the previous cycleโ€™s peak in November 2021, when ETH hit its all-time high. This suggests that mid-sized whales are sitting on significant paper gains, similar to the profit conditions observed at the last market top. Historically, such levels of unrealized profit have often been followed by increased selling pressure or profit-taking activity, as large holders look to secure gains. While this does not necessarily mean an immediate correction, it highlights a critical stage in the cycle where investor psychology and whale behavior could heavily influence price action.