đ¨ ETH Whalesâ Cost Basis Clustered Between $1,900â$2,400 đ
Trader Murphy (@Murphychen888) broke down the average cost basis of large ETH holders:
By holder size:
⢠100 â 1,000 ETH â ~$1,900
⢠1,000 â 10,000 ETH â ~$2,000
⢠10,000 â 100,000 ETH â ~$2,100
⢠100,000+ ETH â ~$2,400
Overall, high-net-worth and whale average cost bases sit mainly between $1,900 and $2,400.
Murphyâs strategy:
He starts dollar-cost averaging when ETH drops below the high-net-worth/whale cost range, and stops once price returns to that zone. Combined with the LTH-NUPL indicator, he claims the approach has delivered a near 99.99% win rate over the past 10 years.
ETH is currently trading around the $1,880â$1,900 area â right at the lower edge of this key cluster.
Are whales underwater or just getting closer to their average cost? đ
Would you use this cost-basis range as a DCA zone? Drop your thoughts below đ
$ETH
#ETH #Whales #CryptoNews
Trader Murphy (@Murphychen888) broke down the average cost basis of large ETH holders:
By holder size:
⢠100 â 1,000 ETH â ~$1,900
⢠1,000 â 10,000 ETH â ~$2,000
⢠10,000 â 100,000 ETH â ~$2,100
⢠100,000+ ETH â ~$2,400
Overall, high-net-worth and whale average cost bases sit mainly between $1,900 and $2,400.
Murphyâs strategy:
He starts dollar-cost averaging when ETH drops below the high-net-worth/whale cost range, and stops once price returns to that zone. Combined with the LTH-NUPL indicator, he claims the approach has delivered a near 99.99% win rate over the past 10 years.
ETH is currently trading around the $1,880â$1,900 area â right at the lower edge of this key cluster.
Are whales underwater or just getting closer to their average cost? đ
Would you use this cost-basis range as a DCA zone? Drop your thoughts below đ
$ETH
#ETH #Whales #CryptoNews