Ethereum concludes Q1 2025 with a sharp decline, marking its most bearish Q1 in history.
Ethereum's March Decline
In March, Ethereum's price declined by over 17% due to the recent bearish wave. This makes Q1 2025 the most bearish in Ethereum's first decade. January and February also saw declines, marking the only Q1 in history where all three months were negative.
Long-term ETH Holders and Whale Activities
Questions arise about Ethereum's outlook amid the latest sell pressure. Notably, large holders, or 'whales', have been accumulating assets. Net positive flows total approximately 52,360 ETH, equating to around $100 million invested.
Risk of Liquidations and Further Sell Pressure
According to Onchain Lens, two whale positions are at risk of liquidation, potentially leading to further sell pressure. These positions have a liquidation point at $1,805 per ETH, with current bearish market trends indicating a threat of further price decreases.
Ethereum faces significant bearish trends, and future market developments will depend on factors such as whale activity and overall market conditions.
