The post 75% of Ethereum’s Addresses Make Money While Only 13% Are Active appeared first on Coinpedia Fintech News
A substantial 75.82% of Ethereum addresses are “In the Money,” showing profits at the current price, with 88 million addresses benefiting. Conversely, 19.89% or 23.08 million addresses are “Out of the Money,” indicating losses if assets were sold now.
However, active address analysis reveals that only 13.14% are profitable, 21.87% face losses, and a large majority of 65% are breaking even, indicating recent entries at current price levels. This suggests that while long-term holders are mostly profitable, recent investors are cautious, which could lead to price stability with potential short-term volatility if market sentiment shifts.
The post 75% of Ethereum’s Addresses Make Money While Only 13% Are Active appeared first on Coinpedia Fintech News
A substantial 75.82% of Ethereum addresses are “In the Money,” showing profits at the current price, with 88 million addresses benefiting. Conversely, 19.89% or 23.08 million addresses are “Out of the Money,” indicating losses if assets were sold now. However, active address analysis reveals that only 13.14% are profitable, 21.87% face losses, and a large …
2024-05-10T13:48:03.000ZFri, 10 May 2024 13:48:03 +00002024-05-10T13:48:03.000Z
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