Ethereum whales flip profitable for first time since February 2026
Whales with 100k+ Ethereum turned profitable. First time since early February 2026.
On-chain data from CryptoQuant show this cohort moved back into the green for the first time since Feb 2026. These wallets each hold over 100,000 ETH per CryptoQuant.
Analysts say this is a key spot. NewsBTC notes the profitability flip coincides with patterns that preceded rallies in past cycles and a potential multi‑month price surge for ETH.
CW highlights whale loss zones as bottom signals. He adds that the return to profit often marks a trend start in his X post. NewsBTC previously mapped the same historical bottom signal here.
CryptoTice tracks the pattern’s follow‑through. He says that when 100k+ ETH wallets flip to profit, ETH then rose 25% in three months, 50% in six, and 300% in a year historically.
- 3 months up 25% per CryptoTice
- 6 months up 50% per CryptoTice
- 12 months up ~300% per CryptoTice
He projects, using a ~$2,150 reference price, ~$2,687 in three months, ~$3,335 in six, and ~$8,600 within a year from his analysis.
CW maps the next sell wall at $2,350. That’s ~9.3% above spot in his chart on X.
He also says whales keep buying on chop. Accumulation continues despite sideways action per CW. Bitcoinist flags a fresh large ETH purchase as well here.
