Data: Sub-$400 Cost Basis ETH Ancient Whale Takes Profit Multiple Times, Subsequent Price Tops Are Often Short-lived
BlockBeats News, January 1st, on-chain data analyst Murphy posted an analysis of the behavior of ETH ancient whales whose cost basis is below $400 in this cycle. The current average cost basis of ETH held for 5 to 7 years is $378. In 2024 to 2025, whenever the ETH price surpasses the key level of $4000, a large number of ancient chips will cash out profits. For example, in March 24, 5+ year-old chips realized a profit of $600 million in a single day, and in June, there was a massive exodus of profits reaching up to $1 billion. In September 25, those holding for 7+ years, and in October, those holding for 10+ years, both cashed out profits of over $500 million in a single day. After ancient chips take profits, ETH invariably experiences a phased top.
Since May 24, when ETH treasury companies began massive purchases, the supply of ETH held for over 5 years has gradually decreased, but ETH ancient whales still hold 20.1 million tokens from 2010.
You may also like

Long-standing domestic public blockchain NEO sees feud between two co-founders, with opaque finances as the core reason

Hong Kong Virtual Asset Trading Platform New Regulations (Part 2): New Circular Issued, Has the Boundary of Virtual Asset Business Been Redefined?

4 Years of Web3 Entrepreneurship: 7 Key Takeaways

$50 to $1 Million: How to Survive in the Meme Battlefield with 'Wallet Tracking'

Without Narrative Power, Web3 Will Not Tap into the Vastness

From Failures to Success: Building Crypto Products That Truly Matter
Key Takeaways Building infrastructure in crypto doesn’t guarantee success; understanding user needs is critical. Products aimed at younger…

Yield Farming at 86% APY? How to Use Bots to “Earn While You Sleep” on Polymarket
Key Takeaways Polymarket presents untapped opportunities for bot utilization, despite existing competition. A proprietary trading bot streamlines the…

The Eve of a Fed Pivot: Wall Street Girds for Rate Battle Without 'Powell'

After 500 Rejections, I Started Building a Product People Actually Use

FLOW Token Plummets Amid Market Volatility and Regulatory Moves
Key Takeaways FLOW token has experienced a dramatic decline within the last 24 hours. Market volatility and profit-taking…

AI Tool Users Advised to Guard Against Toxic Prompt Attacks
Key Takeaways SlowMist founder Yu Xian emphasizes the risk of toxic prompt attacks in AI tools, urging users…

Hackers Exploit Rainbow Six Siege Servers, Ubisoft Responds
Key Takeaways Hackers successfully breached Rainbow Six Siege, distributing enormous amounts of in-game currency. Players discovered unexpected changes…

Coinbase CEO Declares Opposition to Reopening the GENIUS Act: A Clash with Bank Lobbying
Key Takeaways: Coinbase CEO Brian Armstrong criticizes banks for lobbying to reopen the GENIUS Act, seeing it as…

Trust Wallet Users Experience $7 Million Loss Due to Hacked Chrome Extension
Key Takeaways Trust Wallet faced a significant security breach affecting its Chrome extension, resulting in over $7 million…

Circle Platform Promising Tokenized Gold, Silver Swaps Is a ‘Fake,’ Company Says
Key Takeaways: A fraudulent press release claimed that Circle had introduced a platform called CircleMetals for trading tokenized…

Mirae Asset’s Potential Acquisition of Korbit: A $100 Million Venture into Korea’s Crypto Market
Key Takeaways Mirae Asset Group is exploring the acquisition of the South Korean cryptocurrency exchange Korbit, in a…

Who is creating these ugly Memes?

Crypto Christmas Heist: Over $6 Million Lost, Trust Wallet Chrome Extension Wallet Hacked Analysis
Long-standing domestic public blockchain NEO sees feud between two co-founders, with opaque finances as the core reason
Hong Kong Virtual Asset Trading Platform New Regulations (Part 2): New Circular Issued, Has the Boundary of Virtual Asset Business Been Redefined?
4 Years of Web3 Entrepreneurship: 7 Key Takeaways
$50 to $1 Million: How to Survive in the Meme Battlefield with 'Wallet Tracking'
Without Narrative Power, Web3 Will Not Tap into the Vastness
From Failures to Success: Building Crypto Products That Truly Matter
Key Takeaways Building infrastructure in crypto doesn’t guarantee success; understanding user needs is critical. Products aimed at younger…
Popular coins
Latest Crypto News
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com