Data: Over 90% of Ethereum Addresses Are in Profit, the Highest Level Since December 2024
According to ChainCatcher, on-chain analytics platform Sentora (formerly IntoTheBlock) has monitored that currently over 90% of Ethereum addresses are in profit, reaching the highest level since December 2024.
Data shows that, as relatively few addresses purchased Ethereum above the current price, there is limited on-chain resistance. The first significant resistance level appears near $4,000, where approximately 2.39 million addresses are still holding Ethereum at a loss.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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