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Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

Ethereum Breaks Above Key Realized Price Zones—What It Means for ETH

Samuel Edyme
Samuel Edyme
2 months ago
3 mins read
Ethereum Breaks Above Key Realized Price Zones—What It Means for ETH

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Ethereum (ETH) experienced a slight price pullback over the past 24 hours, declining by 2.1% to hover slightly above $2,500. Despite this daily decline, ETH has remained at more than 30% over the past week, marking a strong recovery trend from earlier market conditions.

The rally follows broad strength across the crypto market, with Ethereum pushing into new price zones that have brought it above several important realized price levels. The price movement from Ethereum prompted one of CryptoQuant’s contributors, BlitzzTrading, to closely monitor ETH’s realized price data, particularly how it relates to different wallet cohorts.

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Understanding Realized Prices Across ETH Wallet Tiers

BlitzzTrading highlighted that Ethereum has moved above the average cost basis of most holders, broken down by wallet size. This “average cost basis,” or realized price, refers to the average price at which a given cohort of investors acquired their ETH.

It is calculated by assessing the aggregate value at which the coins were last moved, providing insight into whether those investors are currently in profit or loss. Tracking these levels can help traders identify potential support zones or areas where profit-taking may occur.

According to BlitzzTrading’s data, holders with balances between 100–1,000 ETH have a realized price of $2,225, those with 1,000–10,000 ETH hold at $2,196, and wallets holding between 10,000–100,000 ETH have an average cost basis of $1,994.

Larger wallets, with over 100,000 ETH, have a much lower average cost basis of $1,222. As the current ETH price hovers around $2,500, most of these groups are in profit. However, price corrections to retest these levels, especially after sharp rallies, are common in both bullish and sideways market structures.

Profit-Taking by Ethereum Whales Raises Questions About Short-Term Top

In a related post, BlitzzTrading explored the behavior of large Ethereum holders, referred to as “whales,” defined as addresses holding over 10,000 ETH. These large investors can have a disproportionate impact on market prices due to the volume of their trades.

The analyst noted that after ETH previously reached the $4,000 mark, whale-driven profit-taking contributed to a drop in price down to $1,300. Monitoring such activity is vital, as it can signal upcoming shifts in trend or potential short-term price ceilings.

Related Reading

Ethereum Stakers Enter Profit Zone as Price Climbs Above $2,400

Ethereum Stakers Enter Profit Zone as Price Climbs Above $2,400

3 months ago

Currently, ETH is once again approaching territory where whales are significantly in profit. If these large holders begin to offload their positions, similar to previous cycles, it may introduce downward pressure.

However, if whale wallets continue to hold or accumulate, it may reinforce broader market confidence. Real-time monitoring of whale flows remains a key tool for interpreting Ethereum’s short-term trajectory.

Ethereum (ETH) price chart on TradingView
ETH price is moving upwards on the 2-hour chart. Source: ETH/USDT on TradingView.com

Featured image created with DALL-E, Chart from TradingView

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Samuel Edyme
Samuel Edyme

Samuel Edyme

Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others.

Read more

Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis.

Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events—like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ’s arrest—has honed his keen sense of market dynamics.

When he isn’t crafting engaging crypto content, you’ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he’s catching some Z’s or scrolling through Elon Musk’s very own X platform—(oops, another screen activity, my bad…)

Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters—(don’t judge, that’s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or “kaizen,” striving to be 1% better every day. His mantras, “God knows best” and “Everything is still on track,” reflect his resilient outlook and how he lives his life.

In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He’s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck—unflappable. Edyme is like trading in your car for a jet—bold. He’s the guy who’d ask his boss for a pay cut just to prove a point—(uhhh…). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent—okay, maybe that’s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps.

Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That’s just not the way he roll. He has these favorite lyrics from NF’s “Clouds” that resonate deeply with him: “What you think's probably unfeasible, I've done already a hundredfold.”

PS—Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He’s 100% Him-alayan. Screw it, he ate the opp.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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