Oh. My. Blockchain. The old guard of Ethereum is selling faster than Bridget Jones at a post-breakup shoe sale! 🏃💨 45K ETH daily is fleeing those vintage wallets, and it’s all thanks to the bear market blues and profit-taking FOMO.
The exodus of these crypto grandpas is more dramatic than Mark Darcy ghosting Bridget. 📉 Statistics show a whopping 45,000 ETH is being dumped daily by these 3-to-10-year-old wallets. Talk about a midlife crisis! 😅
According to Cryptopolitan.com, these whales are playing 4D chess, cashing in before the next bear market traps them like a bad date. 🦈💸
All this selling has sent ETH prices tumbling faster than Bridget’s self-esteem after a glass of Chardonnay. 🍷 The recent dip to $3,152.17? Blame the liquidations, darling. Open interest is now a mere $17 billion. Ouch. 😬
But wait! Before you panic-sell like Bridget’s diary entries, there’s hope. Accumulation wallets, staking contracts, and smart vaults are still hoarding ETH like it’s the last pair of Manolo Blahniks on sale. Long-term believers, anyone? 💎✨
Profit-Taking: Because Who Doesn’t Love a Good Splurge?
Ethereum holders are sitting on unrealized profits like Bridget on a tub of Ben & Jerry’s. 🍦 The MVRV ratio is a sky-high 2.1, the highest since 2025. But not all whales are ready to cash in-some are still holding on, probably waiting for the next big thing. Or maybe they just forgot their wallet passwords. 🤷♀️
Good news: MVRV hasn’t gone negative, so no capitulation here. Ethereum bears are as stubborn as Bridget’s mum at a dinner party. 🐻💪
The sell-off started in August, but October’s liquidation spike turned it into a full-blown drama fest. Sentiment is now in the “fear” zone, which means traders are more nervous than Bridget at a singles mixer. 😱
Whales: The Real Stars of This Crypto Soap Opera
Enter the Seven Siblings wallets-the Kardashians of the crypto world. 🌟 Instead of selling, they’re buying dips like it’s Black Friday. Hundreds of millions in wrapped ETH? Sure, why not? Their faith in ETH’s recovery is stronger than Bridget’s belief in happy endings. 💑
Meanwhile, BitMine-tied wallets are scooping up coins like they’re on a shopping spree. Old holders may be leaving, but these players are betting big on Ethereum’s future. 🚀
So, what’s next for Ethereum? It’s a tug-of-war between old timers cashing out and new whales diving in. 🏊♂️ The result? Price swings wilder than Bridget’s love life. But with DeFi, staking, and tech upgrades in the pipeline, Ethereum’s fundamentals are as solid as Bridget’s best friend Shazzer. 💪✨
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2025-11-15 15:44