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Ethereum whales near breakeven hint at reduced selling and possible market bottom soon.

Market News
22 Mar 2026
Blockonomi
View Source
Bearish
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Ethereum whales holding large amounts of ETH are nearing breakeven or unrealized losses, signaling less aggressive selling and potential accumulation. The 4-hour chart shows weakening momentum with lower highs and key support around $2,080, while MACD and RSI indicators suggest further downside risk. Liquidity zones above and below current prices create a tension point likely to trigger volatility soon. This combination of whale positioning and price action indicates the market may be transitioning from a bearish phase toward stabilization or a bottom formation.

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