BREAKING
263d 11h ago

Ethereum’s Profitability Plummets and Rebounds: A Volatile Journey Since 2017

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

According to a recent report from COINOTAG News dated May 22, Sentora, previously known as IntoTheBlock, revealed notable shifts in Ethereum’s market dynamics. Following a substantial sell-off that commenced in December 2024, the percentage of profitable Ethereum addresses witnessed a dramatic decline, plummeting from over 90% to a mere 32% by April 2025. However, the market has since rebounded significantly, as current data indicates that approximately 60% of Ethereum holders have reverted to a profitable position. This marks one of the most significant fluctuations seen in the cryptocurrency landscape since 2017, highlighting the volatile nature of crypto assets and the importance of market timing. Investors are advised to remain vigilant as these trends unfold, ensuring they are informed and prepared for potential market changes.

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