Bitcoin Cash 價格BCH

Tags Bitcoin Cash (BCH) Market News Previous Solana Price Prediction: Downtrend Holds As Spot Flows Stabilize Near Key Support

As December draws to a close, Ethereum (ETH) holders are facing increasingly challenging market conditions. On-chain data shows that more than 40% of Ethereums supply is currently held at a loss. Notably, ETH holders are responding to mounting losses in sharply different ways, with some capitulating and others continuing to accumulate despite deep unrealized drawdowns. Ethereum Holders Positions Sink Underwater as ETH Slides Ethereum has closed the past three consecutive months in the red, with November alone posting a steep 22.2% decline. In December, the asset has continued to face volatility. Despite briefly reclaiming the $3,000 level, ETH failed to hold above it and has since slipped back below the key threshold. At the time of writing, Ethereum was trading at $2,973.78, up 1.10% over the past 24 hours, in line with the broader cryptocurrency market. Ethereum (ETH) Price Performance. Source: BeInCrypto Markets However, the recent price weakness has significantly impacted holder profitability. Glassnode data shows that earlier this month, more than 75% of Ethereums circulating supply was held at a profit. That share has now fallen to 59%, reflecting the growing number of underwater positions. Ethereum Supply in Profit. Source: Glassnode Ethereum Whales React Differently as Losses Deepen Against this backdrop, several prominent holders have begun repositioning. Lookonchain reported that Erik Voorhees, founder of Venice AI, deposited 1,635 ETH, worth approximately $4.81 million, into THORChain to swap for Bitcoin Cash (BCH). The move follows a similar transaction earlier this month, when Voorhees swapped ETH for BCH from a wallet that had remained inactive for nearly nine years, signaling a notable portfolio shift. Meanwhile, Arthur Hayes has also been transferring ETH to exchanges. Commenting on the strategy, Hayes said he is rotating out of ETH and into high-quality DeFi names, citing expectations that select tokens could outperform Ethereum as fiat liquidity conditions improve. In another on-chain move, Winslow Strong, a partner at Cluster Capital, transferred 1,900 ETH along with 307 cbBTC to Coinbase, bringing the total value of the transfer to approximately $32.62 million. Such transfers do not automatically confirm selling activity. However, movements to centralized exchanges are commonly viewed as potential sell-side signals, particularly during periods of heightened market uncertainty. The ETH was withdrawn one month ago at an average price of $3,402.25, while the cbBTC was accumulated between August 2025 and December 2025 at an average price of $97,936.68. If sold, the total loss would amount to approximately $3.907 million, an on-chain analyst stated. Persistent Buying Among Major Holders Not all whales are exiting the market. Whale address 0x46DB has maintained aggressive buying throughout December. The investor has accumulated 41,767 ETH since December 3 at an average price of $3,130. The current position shows an unrealized loss of over $8.3 million. BitMine, with an unrealized loss of approximately $3.5 billion, has also made notable purchases this week. This divergence highlights a clear split in market outlook. While BitMine believes ETH could be positioned for potential upside over the coming months, the ongoing selling activity suggests that other large players remain less confident about ETHs prospects. BeInCryptos analysis has also identified four key warning signals indicating that Ethereum could face further downside pressure. These include rising exchange reserves, an elevated Estimated Leverage Ratio, and continued ETF outflows. At the same time, the Coinbase Premium Index has fallen to -0.08, its lowest level in a month. This combination of losses, high leverage, and outflows presents a challenging outlook for Ethereum as 2025 draws to a close. Contrarian buying among big holders reveals some bullish sentiment, but selling pressure has so far overwhelmed these isolated efforts. Whether the sentiment could ultimately shift in 2026 remains to be seen. Read the article at BeInCrypto

🚨 $BCH TRADE SETUP 🚨 Current Price: 607 Entry Zone: 👉 595 – 610 Targets: 🎯 TP1: 610 🎯 TP2: 612 🎯 TP3: 615 Stop Loss: 🛑 565

Erik Voorhees, a well-known figure and early supporter of Bitcoin, the world’s largest cryptocurrency, made a substantial trade today, and his choice of altcoins came as a surprise. According to onchain sources, Erik Voorhees deposited Ethereum (ETH) worth approximately $4.81 million into the THORChain network and subsequently used this ETH to purchase Bitcoin Cash (BCH). Bitcoin and Bitcoin Cash were separated as a result of a hard fork on August 1, 2017. The main reason for this separation was the deep disagreements within the community regarding how to solve the scaling problem that emerged in the Bitcoin network over time. Bitcoin’s block size limit of 1 MB has led to transaction slowdowns and significantly increased transaction fees when the network becomes congested. This has been seen as a major problem, particularly by those who advocate for Bitcoin’s use in everyday payments. Related News Founder of Criticized Altcoin Explains Why They Made the Controversial Move At this point, two different approaches emerged. The Bitcoin side argued that increasing the block size could jeopardize decentralization and security, and that scalability should be achieved through second-layer solutions like SegWit and the Lightning Network. Conversely, the other group argued that Bitcoin’s original purpose was to be “peer-to-peer electronic cash,” and therefore wanted the block size increased so that more transactions could fit directly into blocks. This view led to the creation of Bitcoin Cash, which aimed for fast and low-cost transactions on the blockchain. Erik Voorhees supported Segwit2x during the discussions about Bitcoin’s scalability problem, but this hard fork never happened. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!