Data: Only 66% of Ethereum addresses are currently in a profitable state.
Foresight News reported that according to IntoTheBlock, currently only 66% of Ethereum addresses are in a state of profitability. Last week's market decline had a significant impact on Ethereum, causing many holders to incur losses. The last time a similar profitability ratio was seen was in October 2023, when the Ethereum price was around $BTC