[Data: Major Ethereum Whales Turn to Unrealized Losses for the First Time] According to data cited by Coin Bureau, all ETH whales are now entirely 'underwater.' For the first time in this cycle, all major groups of Ethereum holders are in an unrealized loss state, including wallets holding over 100,000 ETH. When strong hands (steadfast holders) feel the pain, weak hands (unsteady retail investors) have long exited the market.