#比特币2026年行情展望 $ETH $BTC $SOL

**On-Chain Movement Report**

A whale address just transferred 2015 ETH to HTX, with unrealized losses now totaling $2.04 million — Ethereum's recent price action has indeed been a bit hard to stomach.

Let's analyze the logic behind this move:
Large unrealized loss positions moving to exchanges generally fall into two categories — either they are trying to cut losses quickly or actively preparing to sell. Neither scenario is a good sign for the market. Once retail traders catch wind of such whale movements, the pressure to follow suit and sell increases, and the market's sell orders can quickly pile up into a wall.

The current question is, will similar unrealized loss signals continue to appear? If major players are all cutting losses, then the recent pressure on Ethereum warrants close attention.