Ethereum Early Holders May Be Cashing Out, Realizing Profits of Approximately 6.5 Billion Yen

In the Ethereum (ETH) market, which has seen a decline of over 50% from its peak in August 2025, a total of $41 million (approximately 6.5 billion yen) in spot sales by early investors (OGs) and major holders was confirmed on the 23rd. The ongoing trend of whale disposals indicates a strong intention among major investors to realize profits and generate funds in the current $2000 range. According to on-chain data from LookOnChain, early investors...