Currently, 90.8% of ETH holders are in a profitable state, which is the highest level since June
According to IntoTheBlock, currently 90.8% of ETH holders are in a profitable state, which is the highest level since June. There are still 9.2% of holders in a loss state, but the ETH they hold only accounts for 2.8% of the total supply. This indicates that as ETH continues to rise, the potential selling pressure from this group has limited impact.
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.
You may also like
Next Week's Key Insights: A certain exchange to host Blockchain Week in Dubai; Ethereum releases Fusaka upgrade
Goldman Sachs: A rate cut by the Federal Reserve at the upcoming December meeting is almost a foregone conclusion
Trending news
MoreCrypto prices
More
