<ul><li>A large portion of the Ethereum market cap was acquired near the current price, potentially making ETH susceptible to mass losses.</li><li>Approximately $123 billion of the ETH market cap sits within 0 to 20% above its cost basis, indicating a fragile profit-loss balance.</li><li>On-chain data reveals that even a minor pullback could result in a significant number of Ethereum tokens going underwater.</li><li>Whales holding between 10,000 and 100,000 ETH have increased their holdings by around 1 million ETH in the past few weeks.</li></ul>

Ethereum May Be One Dip Away From Mass Losses—Data Warns

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