Mars Finance reports that Coin Bureau citing data indicates that all tiers of ETH whales (divided into three levels: holdings of over 100,000, between 10,000 and 100,000, and between 1,000 and 10,000) are now all "underwater." In this cycle, ETH holders of different sizes are all in a state of unrealized loss for the first time, including the whale group holding over 100,000 ETH. When the strong hands (steadfast holders) are feeling the pain, the weak hands (undecided retail investors) have already exited.