⚠️ ETH WHALES BLEEDING HEAVY! ⚠️
$ETH accumulation since July is underwater. Bitmine sitting on -$560M unrealized losses holding 243,765
$ETH below cost basis.
• Recent buys at ~$2,488 are now down ~$7.8M.
• Averaging down is NOT working right now.
•
$ZIL allocation status is concerning.
• $C98 sentiment is grim.
This shows the pain at higher accumulation levels. Watch for capitulation signals.
#ETH #CryptoNews #WhaleWatch #BearMarketPain 📉