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Ethereum Prices Dip Below Major Investors’ Acquisition Costs

Ethereum Prices Dip Below Major Investors’ Acquisition Costs

CointurkCointurk2026/02/10 07:30
By:Cointurk

In a surprising development in the current market conditions, Ethereum’s price has fallen below the average acquisition cost of large investors holding at least 100,000 ETH. This group, predominantly consisting of institutional portfolios, sees the total value of their holdings greatly influenced by Ethereum’s market price, which can exceed $200 million.

Spot Price and Investor Costs

Data reveals that Ethereum’s spot price has dipped below the on-chain realized price of these substantial investors, approximately sitting at $2,075. This situation puts major asset holders in a short-term loss position for the first time. Realized price denotes the average acquisition cost at which investors moved their Ethereum most recently on-chain.

Historical Context

A similar scenario unfolded following the market peak in September 2018 when Ethereum’s price traded below major investors’ costs for about six months. During this period, the drop below investor costs signaled a long-term market correction and consolidation phase.

Structural Assessment and Market Dynamics

Experts interpret the descent beneath large investors’ costs as a reflection of extensive market pressures. Typically known for their long-term outlook and significant financial strength, these investors have seen their average acquisition costs rise over the years, indicating consistent higher-level investments.

Analyses emphasize that these structural conditions signify pivotal moments in market cycles rather than short-term volatility. Past cycles demonstrated prolonged adjustment phases whenever spot prices dropped below the crucial realized cost level.

CryptoQuant’s latest report suggests these price bands could present attractive areas for long-term accumulation strategies focused on risk and return. Historically, steady and gradual purchasing strategies at similar levels have shown consistent upward trends.

Market Participants and Key Observations

Within the Ethereum community, forecasts suggest that prices dipping beneath major investors’ costs could eventually spur a trend shift over the long haul. This price movement is highlighted as indicative of extended, distinct market phases, rather than short-lived volatility.

Highlighted report findings suggest current levels may create potentially attractive opportunities for long-term investors.

Overall, the drop in Ethereum prices signifies an important shift in on-chain behavior among large investors, potentially triggering a transition phase akin to prior market cycles.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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