BlockBeats News, January 1st, on-chain data analyst Murphy published an analysis of ancient whales holding ETH with a cost basis below $400 during this cycle. Currently, ETH held for 5 to 7 years has an average cost basis of $378. Throughout 2024 to 2025, whenever ETH price breaks through the $4000 mark, a large amount of ancient chips will realize profits and cash out. For example, in March 24, chips held for over 5 years realized $600 million in profit in a single day, and in June, there was a massive profit escape of up to $1 billion. In September 25, chips held for over 7 years, and in October, chips held for over 10 years, all cashed out over $500 million in a single day. After profit-taking by ancient chips, ETH invariably peaks temporarily. Since May 24, when ETH treasury companies began large-scale purchases, the supply of ETH held for over 5 years has gradually decreased, but ancient whales with a cost basis below $400 still hold a stock of 19.1 million ETH.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Venus flash loan attacker transfers 1,743 ETH, approximately $3.78 million
Jinse Finance reports that according to on-chain analyst Ai Auntie (@ai_9684xtpa) monitoring, the Venus flash loan attacker transferred 1,743 ETH (approximately $3.78 million) to an address beginning with 0x7a7 50 minutes ago.
金色财经_17m ago
Ethereum Block Builder Eureka Labs Completes $6.7 Million Financing
Ethereum block builder Eureka Labs completes $6.7 million seed round funding, focusing on "programmable blocks" technology aimed at enhancing block building capabilities and applications. Despite holding only 1.5% market share, the company plans to expand its technology and drive innovation through this funding round.
金色财经_1h ago
Robinhood Board Approves $1.5 Billion Share Repurchase Program, Expected to Be Executed Within Three Years
Robinhood's board approved a $1.5 billion share repurchase program, expected to be executed over the next three years, while retaining flexibility to accelerate repurchases. The company continues to expand its crypto business footprint and launch innovative products to create shareholder value.
GateNews2h ago
Ethereum block builder Eureka Labs completes $6.7 million seed funding round
Ethereum block builder Eureka Labs completes $6.7 million Series Seed funding round led by Spark Capital and Collider Ventures. The company introduced the "programmable blocks" concept and plans to expand its technical capabilities and drive its applications in the Ethereum ecosystem.
GateNews2h ago
ETH 15-minute surge 0.99%: ETF net inflows and long position increases drive spot price rally
2026-03-24 20:15 to 2026-03-24 20:30 (UTC), ETH spot market achieved +0.99% return rate within 15 minutes, with price range between 2120.44 to 2154.45 USDT, amplitude reaching 1.60%. During this volatility period, on-chain transactions and market attention increased in sync, with spot market liquidity significantly amplified.
The main driver of this price movement was ETH spot ETFs recording approximately 12,000 ETH net inflows on the day, indicating strengthened institutional buying pressure, which drove spot buying pressure upward. Meanwhile, derivatives
GateNews3h ago
