ETH Whales’ Profits Hit Records: Massive Rally or Big Price Drop Next?

TL;DR Whale wallets now show unrealized profits equal to 2021 levels, signaling strong market ￰0￱ outflows from exchanges spike as holders move coins to cold storage or staking ￰1￱ staking inflows drop to 8.4K ETH, cooling sharply after August’s record-high ￰2￱ Profit Levels Return to 2021 Highs Ethereum wallets holding between 10,000 and 100,000 ETH have now reached the same unrealized profit levels seen during the 2021 market ￰3￱ data suggests large holders are once again sitting on sizable paper ￰4￱ 2017, whale wallets saw unrealized profits peak at around $15 ￰5￱ 2021, this figure had grown to more than $45 ￰6￱ of September 2025, that level has been ￰7￱ tracking whale wallet performance show a clear return to the high-profit zone last seen before ETH’s strongest ￰8￱ analyst commented, The unrealized profits of $ETH whales holding 10-100k have reached the previous cycle’s ￰9￱ previous cycle’s peak was approximately 3 times the 2017 cycle’s unrealized profits.

A rally is now starting. $ETH will rise at least 3 ￰10￱ the rate of increase in this… ￰11￱ — CW (@CW8900) September 18, 2025 Though similar conditions led to large price increases in the past, it is not guaranteed that the same will happen ￰12￱ Flows Point to Lower Selling Pressure During early 2025, Ethereum saw large volumes of ETH moved onto ￰13￱ February and March, inflows above 200,000 ETH occurred as the price fell from over $3,000 to around $1,500. This activity typically signals selling. Notably, that trend reversed by ￰14￱ June onwards, more ETH began leaving exchanges than ￰15￱ spikes ranged from 200,000 to 400,000 ￰16￱ behavior change came as ETH started recovering and climbing past $4,000.

Large outflows are often linked to reduced sell-side activity as coins are moved off exchanges.) September 18, 2025 In the last cycle, ETH rose by over 240% after breaking through its old ￰17￱ the same pattern occurs again, the price could move toward $16,500. For now, traders are watching whether ETH can hold current levels and close above ￰18￱ it does, a new upward phase could ￰19￱ not, the market may remain in consolidation until further signals appear.