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Only 66% of ETH Addresses in Profit: Time to Sell or Hold?

Only 66% of ETH Addresses in Profit: Time to Sell or Hold?


Coin Edition
2024-08-13 04:10:34

IntoTheBlock, a market intelligence platform, reports that just 66% of Ethereum addresses are currently profitable. This drop has pushed many holders into the red, with profitability levels not seen since October 2023, when Ethereum was trading around $1,800. The market’s recent turbulence has reignited concerns among investors, reflecting the volatile nature of the crypto landscape. The post Only 66% of ETH Addresses in Profit: Time to Sell or Hold? appeared first on Coin Edition .


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