Ethereum Whale Realized Price Signals Potential Market Turning Point
Summary:
Ethereum is trading above $3,200 as bulls push toward higher resistance zones despite fragile market sentiment. A critical on-chain metric, the realized price of whales holding over 100,000 ETH, has emerged as a potential cycle-defining threshold. Historically, Ethereum has never traded below this level, making it a key indicator for determining the next major trend cycle. Analysts are divided on whether ETH will bounce or break, but this metric remains a focal point for traders and investors.
What This Means for You:
- Monitor the $2,500 whale realized price: If ETH holds above this level, it could signal long-term undervaluation or a trend reversal.
- Watch for resistance levels: Key resistance at $3,350 and overhead clusters near $3,400-$3,600 could determine Ethereum’s short-term momentum.
- Prepare for volatility: With market sentiment fragile, be ready for price swings and potential retests of support zones like $3,000.
- Future outlook: Failure to break resistance could prolong bearish conditions, while holding whale realized price may pave the way for recovery.
Original Post:
Ethereum is trading above the $3,200 level as bulls attempt to push the price back toward higher resistance zones, but market sentiment remains fragile. Fear and uncertainty continue to dominate as several analysts warn that the broader trend may still point toward a potential bear market. Yet, beneath the volatile price action, key on-chain data is revealing a development that could shape Ethereum’s next major phase.
According to a new report from CryptoQuant, a historic signal tied to the realized price of whales holding more than 100,000 ETH has emerged once again. This metric, which tracks the average cost basis of the largest holders, has only been tested a handful of times over the past five years.
Each instance occurred during decisive turning points in Ethereum’s macro trend. Whenever ETH approached or traded near this realized price, it signaled either the exhaustion of a deep downtrend or the beginning of a strong recovery phase.
Today, Ethereum is once again hovering near this critical threshold. With analysts divided and sentiment weakening, the whale realized price has become one of the most important indicators to monitor. Whether ETH bounces or breaks here may determine the direction of the next major trend cycle.
Whale Realized Price as a Cycle-Defining Threshold
The CryptoQuant report highlights the significance of Ethereum’s proximity to the realized price of whales holding at least 100,000 ETH. According to the analysis, ETH has traded very close to this level only four times in the last five years.
Two of those instances occurred during the capitulation phase of the 2022 bear market, when selling pressure peaked, and long-term confidence was severely tested. The other two have happened this year, underscoring how unusual and cycle-defining the current environment has become.
What makes this metric particularly important is its historical reliability. In the past five years, Ethereum has never traded below the realized price of these mega-whales. This level has consistently acted as a structural floor, signaling areas where the largest and most sophisticated holders refuse to sell at a loss. Their behavior often marks moments of deep undervaluation or macro exhaustion within the market.
Today, that realized price sits near the $2,500 range, placing Ethereum within striking distance of a level that has repeatedly separated long-term accumulation zones from full-scale trend reversals. If ETH holds above this threshold, it would reinforce the idea that large holders still see long-term value—despite fear dominating broader market sentiment.
Ethereum Attempts Recovery but Faces Major Overhead Barriers
Ethereum’s daily chart shows a market attempting recovery, yet still constrained by significant structural resistance. After rebounding from the sub-$2,900 zone, ETH has reclaimed the $3,200 level and is currently trading near $3,238. While this bounce reflects short-term strength, the broader trend remains fragile.
<!-- RSS Ads 1 -->
<ins class=" adsbygoogle style="display:block" data-ad-client="ca-pub-4072306711313981" data-ad-slot="8316424938" data-ad-format="auto" data-full-width-responsive="true"/>
Edited by 4idiotz Editorial System
ORIGINAL SOURCE:
Source link
