Ethereum Breaks Above Key Realized Price Zones—What It Means for ETH
Ethereum (ETH) declined by 2.1% to slightly above $2,500 over the past 24 hours but remains over 30% higher for the week. The price movement indicates a recovery trend, with ETH surpassing key realized price levels. Ethereum's average cost basis varies by wallet size: holders with 100–1,000 ETH have a realized price of $2,225, those with 1,000–10,000 ETH at $2,196, and wallets with 10,000–100,000 ETH at $1,994. Larger wallets over 100,000 ETH have a lower average cost basis of $1,222. Most holders are currently in profit. Profit-taking by Ethereum whales, defined as addresses holding over 10,000 ETH, could impact market prices. Historical data shows that whale profit-taking has previously led to significant price drops. Monitoring whale activity is crucial for predicting Ethereum's short-term price movements.
