As December ends, Ethereum holders are grappling with challenging market conditions, with over 40% of ETH supply held at a loss. Some are selling off while others continue to accumulate despite losses. Ethereum has seen three consecutive months of decline, with November alone dropping by 22.2%. Despite briefly hitting $3,000, ETH has slipped back below. Glassnode data shows that 75% of Ethereum’s supply was profitable earlier this month but has now dropped to 59%. Notable holders like Erik Voorhees and Arthur Hayes are repositioning, with some moving ETH to exchanges. Warning signals suggest further downside pressure for Ethereum in 2026.

Read more at Yahoo Finance: 40% of Ethereum Supply Slips Into Loss as Whales Take Opposing Positions