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🐋 Ethereum Whales Are Also Holding Losses!
The price of $ETH is currently trading below the average cost basis of the group of wallets holding between 1,000 - 100,000 ETH.
That means even the "whales" are temporarily in a negative position.
The market always has periods that put pressure on both retail and institutional investors.
The difference lies in who is patient enough to wait for the next cycle.
We are not alone.
👀