ETH ON-CHAIN SIGNAL: WHALE REALIZED PRICE BREACHED 🐳📉
During the latest market drawdown, ETH traded below the Realized Price of whales holding ≥100k ETH.
📊 Current Whale Realized Price: ~$2,075
Why this matters:
• These entities represent deep-conviction, long-horizon capital
• Price below their cost basis historically signals capitulation, not euphoria
• It marks zones where downside risk compresses and upside asymmetry improves
📅 Historical context:
The last time ETH traded below this metric after an ATH was September 2018 — price stayed below it for ~6 months before a full-cycle recovery began.
This does not mean:
❌ Instant reversal
❌ Straight-line upside
It does suggest:
✅ Long-term holders are underwater
✅ Weak hands are exiting
✅ Risk-reward is shifting in favor of patient capital
Ethereum is now entering a zone where more aggressive long-term DCA strategies make sense, assuming proper risk management and time horizon.
Markets transfer assets from emotion to conviction.
On-chain data shows where that transfer accelerates.
#Ethereum #OnChainAnalysis #MarketCycles #DCA #CryptoMarkets