Ethereum Whales Return to Profitability as Historical Bottom Signal Reappears

Ethereum is holding above the $2,000 level as selling pressure begins to build again, placing the market at a critical inflection point after a short-lived recovery. While ETH has managed to stabilize above this psychological threshold, recent price action suggests that momentum remains fragile, with sellers gradually regaining control following the latest push higher. Related Reading: Ethereum Exchange Inflows Signal Shift: Whales Reduce Selling Pressure Despite this renewed pressure, underlying on-chain data is signaling an important structural development. According to a CryptoQuant report, whales holding over 100,000 ETH have now returned to a profitable state. This shift is significant, as large holders typically operate with longer investment horizons and tend to influence broader market trends through their positioning. Historically, the transition of major whale cohorts from loss to profit has often coincided with the early stages of new market cycles. These phases tend to mark