ETH ON-CHAIN SIGNAL: WHALE REALIZED PRICE BREACHED 🐳📉

During the latest market drawdown, ETH traded below the Realized Price of whales holding ≥100k ETH.

📊 Current Whale Realized Price: ~$2,075

Why this matters:

• These entities represent deep-conviction, long-horizon capital

• Price below their cost basis historically signals capitulation, not euphoria

• It marks zones where downside risk compresses and upside asymmetry improves

📅 Historical context:

The last time ETH traded below this metric after an ATH was September 2018 — price stayed below it for ~6 months before a full-cycle recovery began.

This does not mean:

❌ Instant reversal

❌ Straight-line upside

It does suggest:

✅ Long-term holders are underwater

✅ Weak hands are exiting

✅ Risk-reward is shifting in favor of patient capital

Ethereum is now entering a zone where more aggressive long-term DCA strategies make sense, assuming proper risk management and time horizon.

Markets transfer assets from emotion to conviction.

On-chain data shows where that transfer accelerates.

$ETH

ETH

2,037.18

+4.15%

#Ethereum #OnChainAnalysis #MarketCycles #DCA #CryptoMarkets