Ethereum Whales Hold $2.8B Buying Power: So Why Is Selling Pressure Still High?
Share:
Ethereum whales hold about $2.8B of potential buying power and CryptoQuant data show whale NUPL remains above zero, indicating many addresses are still in profit. However, rising exchange deposits and ample liquidity on CEXs and DEXs could keep selling pressure high, posing downside risk for ETH price and broader crypto and DeFi markets.
Predictions Markets
See what traders are focused on
Ethereum whales remain comfortably in profit, but rising exchange deposits and ample liquidity could keep selling pressure elevated. CryptoQuant contributor PelinayPA said Ethereum's Whale Net Unrealized Profit/Loss (NUPL) remains above zero.
In This News
Coins
$ 1.90K
+2.01%
$ 1.89K
+1.89%Predictions Markets
See what traders are focused on
Share:
In This News
Coins
$ 1.90K
+2.01%$ 1.89K
+1.89%Predictions Markets
See what traders are focused on
Share:
Read More
Gold Wavers Near $4,000 as Conflicting Middle East Headlines Drive Market Swings
