• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
Ethereum Whales Are ‘Officially Under Water’ For The First Time Since 2023 – Details

Ethereum Whales Are ‘Officially Under Water’ For The First Time Since 2023 – Details

Sebastian Villafuerte
by Sebastian Villafuerte
5 months ago
·
Posted in Ethereum
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ethereum (ETH) has officially lost the $2,000 mark, plunging to its lowest levels since October 2023 as selling pressure intensifies. The price recently dropped as low as $1,750, marking a dramatic decline from its December 2024 high of $4,100. This 57% crash has created a difficult environment for bulls, with Ethereum struggling to find support amid broader market weakness.

Related Reading: Bitcoin & Ethereum Open Interest Drops By $1.37B – A Market Reset?

The crypto market downturn has left ETH vulnerable, with investors concerned about further downside risks. With macroeconomic uncertainty and bearish sentiment dominating, Ethereum remains in a fragile position, failing to reclaim key resistance levels.

On-chain data from CryptoQuant reveals that Ethereum whales holding 1,000–10,000 ETH are now officially holding at a loss for the first time since 2023. Large holders are seeing unrealized losses, which could impact market sentiment and future price action.

With ETH at a critical juncture, traders are closely watching whether it can stabilize and recover or if selling pressure will continue to drive prices lower. The next few weeks will be crucial for Ethereum’s long-term trend.

Ethereum Struggles Below Multi-Year Support as Market Weakness Continues

Ethereum (ETH) is currently trading below a multi-year support level, which has now turned into a strong resistance zone. As ETH fails to reclaim the $1,900–$2,000 level, bulls are losing momentum, and bearish sentiment continues to dominate the market. With Ethereum unable to find stability, investors remain on edge, unsure whether further downside is ahead.

Related Reading: ETH Tests Critical MVRV Levels – Failure to Hold $2,060 Could Send ETH To $1,440

The broader market breakdown has been driven by rising global trade war fears and uncertainty surrounding U.S. President Trump’s policies. Since the U.S. elections in November 2024, macroeconomic instability and volatility have shaken both the crypto and stock markets. These uncertain conditions have pushed the U.S. stock market to its lowest levels since September 2024, further intensifying the risk-off sentiment. As a result, Ethereum and other major cryptocurrencies have struggled to find strong demand, prolonging the current downtrend.

Top analyst Quinten Francois shared the ETH Whales Unrealized Profit Ratio, revealing that Ethereum whales holding 1,000–10,000 ETH are officially underwater. This suggests that even large holders are experiencing unrealized losses, potentially increasing sell pressure if market conditions fail to improve. Historically, when whales go underwater, the market tends to enter a prolonged period of uncertainty and consolidation. Whale capitulation or accumulation at these levels has significantly affected Ethereum’s price cycles.

Ethereum Whales Unrealized Profit Ratio | Source: Quinten Francois on X
Ethereum Whales Unrealized Profit Ratio | Source: Quinten Francois on X

With ETH below key levels and the market sentiment deeply bearish, the next few weeks will be crucial in determining whether Ethereum can stabilize and reclaim lost ground or if a continued breakdown is inevitable. Bulls need to regain strength quickly, or ETH could be heading for deeper losses.

ETH Struggles to Reclaim $2,000

Ethereum (ETH) is currently trading at $1,910, following massive selling pressure triggered by its loss of the critical $2,000 support level. The break below this key psychological zone has intensified bearish sentiment, leading to increased volatility and a weaker market structure.

ETH Struggling to Reclaim $2,000 | Source: ETHUSDT chart on TradingView
ETH Struggling to Reclaim $2,000 | Source: ETHUSDT chart on TradingView

Bulls are now attempting to reclaim the $2,000 mark as quickly as possible to stop the selling pressure and stabilize price action. A successful push above this level would signal a potential recovery phase, reducing the risk of further downside. However, ETH remains below key technical levels, and if it fails to hold current support and reclaim $2,000, the market is likely to see a continuation of the downtrend.

Related Reading: Bitcoin Supply in Profit Drops To 76% – Over 4.5M BTC Now In Unrealized Loss

Despite the recent decline, analysts suggest that Ethereum could experience a sharp recovery once it sets a local low. Historically, ETH has seen strong rebounds following major sell-offs, and if bulls manage to push the price back above resistance zones, a move toward higher levels could unfold quickly. The next few trading sessions will determine whether ETH can regain strength or if the downtrend will deepen further.

Featured image from Dall-E, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Sebastian Villafuerte

Sebastian Villafuerte

Follow

Sebastian's journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies. As his knowledge grew, Sebastian felt compelled to share his insights with others. He began actively contributing to online discussions on platforms like X and LinkedIn, focusing on fintech and crypto-related content. His goal was to expose valuable trends and insights to a wider audience, fostering a deeper understanding of the rapidly evolving crypto landscape. Sebastian's contributions quickly gained recognition, and he became a trusted voice in the online crypto community. To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology. Sebastian's passion for finance and writing is evident in his work. He enjoys delving into financial research, analyzing market trends, and exploring the latest developments in the crypto space. In his spare time, Sebastian can often be found immersed in charts, studying 10-K forms, or engaging in thought-provoking discussions about the future of finance. Sebastian's journey as a crypto analyst and investor has been marked by a relentless pursuit of knowledge and a dedication to sharing his insights. His ability to navigate the complex world of crypto, combined with his passion for financial research and communication, makes him a valuable asset to the industry. As the crypto landscape continues to evolve, Sebastian remains at the forefront, providing valuable insights and contributing to the growth of this revolutionary technology.

Full Profile

Related Posts

Ethereum

Spot Ethereum ETFs Shine With Strong Inflows Despite Price Struggles – Details

7 hours ago
starknet-panne-ethereum-redemarrage-apres-arret

Panne Starknet : le L2 d’Ethereum repart après 4h d’arrêt

10 hours ago
Bitcoin OG Sells 2,000 BTC To Buy Ethereum – Capital Rotation Accelerates

Bitcoin OG Sells 2,000 BTC To Buy Ethereum – Capital Rotation Accelerates

1 day ago
Ethereum

Ethereum Foundation Comes Out Of Hiding With Brand New Token, Here’s What It Does

1 day ago
Whale Adds $430M Ethereum As Institutional Demand Drives Market

Whale Adds $435-M Ethereum As Institutional Demand Drives Market

2 days ago
Ethereum

Real Vision CEO Raoul Pal Calls ‘Full Port’ Into XRP, Ethereum

3 days ago

Premium Sponsors

Press Releases

  • Top 5 Most Profitable ASIC Miners in 2025: ROI Comparison

    4 hours ago
  • Bitget to Transfer 440 Million BGB to Morph Foundation...

    5 hours ago
  • From Institutional to Individual Investors: How XRP and...

    5 hours ago
  • Despite XRP price fluctuations, Mint Miner lets holders...

    6 hours ago
  • CryptoMiningFirm Launches First XRP, BTC Mobile App: Earn...

    8 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.