- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
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
Vietnam Sets Mid-January Timeline for Pilot Crypto Exchange Approvals
Key Takeaways Vietnam aims to regulate its growing cryptocurrency market by licensing pilot digital asset exchanges under a…
Pentagon Pizza Index Soars 1250%: Who Will Be the Next Venezuela?
Predicting Contrarian Buy Pressure in the Market: Who is Taking the Other Side of Your Trade?
$250 Billion, 6723 Rounds of Funding: Where Did Crypto VCs Invest in 2025?
Nike Sells its NFT and Virtual Sneakers Amid Waning Interest in Digital Art
Key Takeaways Nike has discreetly sold its NFT and virtual sneakers subsidiary, RTFKT, as interest in digital collectibles…
Karatage Welcomes Shane O’Callaghan as Senior Partner in Strategic Move
Key Takeaways Karatage, a London-based hedge fund, appoints Shane O’Callaghan as a senior partner to enhance its institutional…
The US has had a president impeached twice, and Trump's platform says it's not an "insurrection."
After the Profit Taking Frenzy, Crypto Market Makers Dive into the "Deep End"
Polygon Ecosystem Token is Projected to Drop to $ 0.091448 by Jan 09, 2026
Key Takeaways The Polygon Ecosystem Token (POL) is expected to decrease by 23.29% within the next five days,…
Trader Turns $321 into $2.18M in Just 11 Days With This Solana Meme Coin
Key Takeaways: A trader managed to transform a $321 investment into a remarkable $2.18 million in just 11…
Leaving behind the chaotic early days, crypto market makers are celebrating their coming of age
The life-or-death struggle for crypto market makers is like a species evolution under extreme conditions.
Stuck in a Local Optimum, Predictive Analytics Should Not Stop Here
Tether, which has "enriched" itself through stablecoins, is now heavily investing in AI
India, the Outsourcing Hub of the Crypto World
2025 Crypto Violence Retrospective: Increasing Assaults and Fatal Incidents in a Growing Market
Key Takeaways Violent incidents involving cryptocurrency holders have escalated, with 2025 documenting 65 attacks, including 4 fatalities. The…
Court Sentences Criminal in Virtual Currency Fraud Case with Major Global Implications
Key Takeaways A landmark case in Beijing reveals a significant cross-border telecom and internet fraud scheme involving virtual…
Dissecting Polymarket’s Top 10 Whales’ 27,000 Transactions: The Smart Money Mirage and the Law of Survival
Key Takeaways Prediction markets have gained popularity, with smart money’s arbitrage strategies being particularly notable. A detailed analysis…
Is a Stablecoin Considered Cash? Accounting Standards for Stablecoins May Be Adjusted Post-Genius Bill
Vietnam Sets Mid-January Timeline for Pilot Crypto Exchange Approvals
Key Takeaways Vietnam aims to regulate its growing cryptocurrency market by licensing pilot digital asset exchanges under a…
Pentagon Pizza Index Soars 1250%: Who Will Be the Next Venezuela?
Predicting Contrarian Buy Pressure in the Market: Who is Taking the Other Side of Your Trade?
$250 Billion, 6723 Rounds of Funding: Where Did Crypto VCs Invest in 2025?
Nike Sells its NFT and Virtual Sneakers Amid Waning Interest in Digital Art
Key Takeaways Nike has discreetly sold its NFT and virtual sneakers subsidiary, RTFKT, as interest in digital collectibles…
Karatage Welcomes Shane O’Callaghan as Senior Partner in Strategic Move
Key Takeaways Karatage, a London-based hedge fund, appoints Shane O’Callaghan as a senior partner to enhance its institutional…
App