$ETH SELLING CAPITULATION: INSTITUTION DUMPING AT A $86M LOSS ⚡
Onchain data confirms FG Nexus sold another 3,375 ETH for $5.34M today, bringing their total sold to 41,675 ETH — a realized loss exceeding $86M.
This is textbook liquidity bleed. A large holder bought 50,770 ETH at ~$3,860 and is now distributing below cost. The remaining 9,095 ETH hanging over the market creates overhead supply, but each flush removes weak structure.
Volume on the sell-offs has been consistent, not accelerating — suggesting absorption, not panic. The question is whether this known supply gets cleared before a structural low forms. Are you watching for a sweep of recent lows to trap late sellers?
Not financial advice. Always manage your risk.
#ETH #Capitulation #MarketStructure #OnchainAnalysis
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Onchain data confirms FG Nexus sold another 3,375 ETH for $5.34M today, bringing their total sold to 41,675 ETH — a realized loss exceeding $86M.
This is textbook liquidity bleed. A large holder bought 50,770 ETH at ~$3,860 and is now distributing below cost. The remaining 9,095 ETH hanging over the market creates overhead supply, but each flush removes weak structure.
Volume on the sell-offs has been consistent, not accelerating — suggesting absorption, not panic. The question is whether this known supply gets cleared before a structural low forms. Are you watching for a sweep of recent lows to trap late sellers?
Not financial advice. Always manage your risk.
#ETH #Capitulation #MarketStructure #OnchainAnalysis
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