There are data suggesting that Ethereum holders (Whales) are experiencing unrealistic losses for the first time in the current market cycle. It has been discovered that whales holding over 100,000 ETH, 10,000 ETH to 100,000 ETH, and 1,000 to 10,000 ETH are currently experiencing sad moment and are willing to edge through this uncertainity period.
It was also announced that retail investors are now backing out from investing and existing the current market. According to N3News, whales are setting strategic mechnism to combat any downline in their digital funds. As these uncertainity grows, cryptocurrency projects are getting ready to unlock $10 million in tokens post spring festival. Investors are now adviced to keep an eyes on potential effects on token prices and market liquidity.