Following large $ETH whales, small and medium-sized whales are on the verge of transitioning to a profitable state.

Small and medium-sized $ETH whales are approaching a profit state.

They are currently in a slight loss state. The whales' loss zone is a historical bottom.

And they are expected to transition to a profit state soon. This is a historical bullish signal.

The point where they transition to profit was the starting point of the rally.