Only 66% Of Ethereum Holders In Profit Despite 21% Price Jump
On-chain data shows Ethereum has just 66% of its holders in profit despite the 21% rally the cryptocurrency has seen over the past week. Ethereum Holders In Profit Still At Relatively Low Level According to data from the market intelligence platform IntoTheBlock, the recent downturn in Ethereum has significantly affected the profitability ratio of holders on the network. Related Reading: Bitcoin Investors Again Show Extreme Fear As BTC Slips To $59,000 In the drawdown, the ETH price had slipped from the $3,400 high near the end of July to the $2,100 level about a week ago. Since then,....
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