New Profit Realization Move from Ethereum Whales: Are Prices Under Pressure?
Recent fluctuations in Ethereum's price have led large investors to act cautiously. According to on-chain data, wallets holding more than 100,000 ETH are reselling and realizing profits for the second time. This situation indicates that short-term upward movements may be limited.
CryptoQuant data shows that large-scale investors have begun to reduce their positions. COINOTAG emphasizes that these sales, which were made by 'ETH whales' twice for profit realization, aim to protect existing gains rather than increase prices.
Whale Sales: Impact on Market Balance and Sentiment
Whale sales can exert direct pressure on Ethereum's price. Especially in cases where demand is insufficient, increased supply can cause prices to pull back. Although these sales do not directly mean a major decline, they may lead investors to be more cautious in taking short-term positions.
According to analysts, these moves generally reflect a more neutral or cautious stance in the market. In other words, whales prefer to secure their profits rather than make aggressive purchases. This is an important indicator in terms of determining short-term direction in the crypto market.
Market Sentiment and Investor Reactions
This second profit realization made by whales directly affects the sentiment of market participants. If large investors perceive current price levels as 'suitable for profit taking', it may increase the selling tendency among individual and institutional investors. Especially combined with regulatory developments and global economic uncertainties, such movements can cause short-term fluctuations in investor confidence.
Analyst Comments: Consolidation or Reversal?
According to COINOTAG and other market experts, the whales' move often coincides with periods when prices enter a horizontal trend or mild pullbacks occur. Experts emphasize the importance of closely monitoring whale wallet behaviors. If this selling trend stops or reverses, it can be interpreted as a sign of renewed investor confidence and increased price potential.
While the search for direction continues in the Ethereum market, the strategic moves of large investors will continue to be decisive in the course of short-term price movements.
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