Ethereum Whales Dump $1.8B in ETH as Price Stalls
According to data from beincrypto, wallets holding between 100,000 and 1 million ETH have sold more than 1.19 million ETH in just the past three days a value exceeding $1.8 billion. This aggressive move by Ethereums largest holders indicates a clear shift in sentiment, as whales appear to be reducing exposure to limit potential downside.
These sell-offs have added to the existing bearish pressure, pulling Ethereums price lower and shaking investor confidence. For many, this signals a growing lack of optimism around ETHs near-term recovery potential.
MVRV Data Signals Deepening Losses
Adding to the bearish narrative, the Market Value to Realized Value (MVRV) Long/Short Difference a key profitability indicator currently sits at a deeply negative -29%. This suggests that long-term ETH holders are holding at a loss, and could be waiting for a more favorable macro environment before re-accumulating.
Meanwhile, short-term holders (STHs) tend to sell quickly when in profit, compounding Ethereums volatility and weakness.
READ MORE:
Ethereum in 2025: Has the Hype Fizzled Out?
Whats Next for Ethereum?
With whale sell-offs mounting and long-term holders under pressure, Ethereum appears stuck in limbo. A breakout above $1,700 could reignite bullish momentum, but without a major shift in macro conditions or demand from institutional buyers, the path forward remains uncertain.
For now, Ethereum traders will be watching whale activity closely as any further dumping could drag ETH to lower support levels.
The post Ethereum Whales Dump $1.8B in ETH as Price Stalls appeared first on Coindoo.
Read more: https://coindoo.com/ethereum-whales-dump-1-8b-in-eth-as-price-stalls/
Text source: Coindoo
