Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
In the past two months, 60 ETH whales holding over ten thousand coins have exited the market, indicating a lack of mid-term confidence.

In the past two months, 60 ETH whales holding over ten thousand coins have exited the market, indicating a lack of mid-term confidence.

ChaincatcherChaincatcher2026/05/20 02:48
Show original

According to ChainCatcher, analyst Alicharts stated that in the past two months, approximately 60 whale addresses each holding at least 10,000 ETH have fully liquidated their positions. Alicharts noted that when different entities, each holding multi-million dollar positions, exit the network within such a short period of time, it usually signals institutional profit-taking and asset reallocation. These major players are taking advantage of recent liquidity to reduce risk, reflecting a clear lack of confidence regarding the medium-term outlook. Additionally, the decrease in the number of whales coincides fully with recent substantial inflows of funds into exchanges. Data shows that, in the short term, the path of least resistance remains downward. Therefore, attention should be paid to the $2,000 support level for Ethereum.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The yield on the 10-year US Treasury is approaching the 5.5% red line! Societe Generale warns: Stock valuation support is failing, US stocks may face a severe shock.

Société Générale pointed out that this year’s global profit expectations have been significantly raised. Even with rising yields, this has prevented equity risk premiums from plunging.

智通财经2026/09/07 12:21
The yield on the 10-year US Treasury is approaching the 5.5% red line! Societe Generale warns: Stock valuation support is failing, US stocks may face a severe shock.

Bitget to list PONS spot trading

ForesightNews2026/09/07 12:17