Ethereum Whale Wallets Return to Profit as Analysts See Potential 25% ETH Rally by June

The unrealized gains and losses of large Ether holders are often viewed as a leading indicator of market risk appetite. CryptoQuant tracks whale wallets holding more than 100,000 ETH, whose unrealized profit margin has turned positive from negative, putting those holdings back in profit. Similar shifts have historically often been followed by significant ETH rallies, drawing market attention.

The latest data show that large whale wallets have recently returned to profit. Based on historical price patterns, analysts estimate that ETH could rise about 25% by June to $2,750, with a subsequent chance of testing $3,000. A positive unrealized profit margin is only a market signal, however, and whether the rally can continue will still depend on buying momentum.