Ethereum Breaks Below Major Investor Cost Basis Levels, Support at $1,290

On-chain data indicates that Ethereum has fallen below all major investor cost basis levels except one. The critical support level currently identified is the Realized Price, which tracks the average cost basis of investors.

Key Points

  • Ethereum's Realized Price is approximately $2,250.
  • The majority of holders are now at a loss following a significant price drop.
  • Only investors holding over 100,000 ETH remain in profit; others have entered negative territory.
  • The average acquisition level for large holders (over 100,000 ETH) is $1,290.
  • Ethereum is currently trading at $1,500, down over 16% in the last 24 hours.

Ethereum Realized Price

Ethereum Whale Cost Basis

Ethereum Price Chart