Whales are still staking and adding positions even while they’re in the red—are they “charging up” their conviction, or is there something else going on? Keep a close watch on on-chain activity; it’s more useful than staring at the K-line.

Crypto market news claims that since 2019, whales of three types—such as wallets holding more than 1,000 ETH—are seeing their first time of unrealized losses. Even so, the whales’ buying activity remains active; strong staking and ongoing interest in Bitmine continue to affect price expectations. The market is still trading, with both buy and sell orders increasing. In the short term, prices may be pushed higher as buyers absorb supply. Current buy-side and sell-side pressure are close, and the market appears relatively balanced. Traders will be watching whale movements to capture potential trend signals.