A recent data revealed by Glassnode shows that about 20% of Ethereum addresses are currently holding ETH at a loss. The percentage of Ethereum addresses in profits stands at 80.106%, which represents a 13-months low.
Ethereum is down by 35% from the all-time high of $4,878 it achieved two months ago. ETH is trading at $3,146 at press time, up by 0.9% in the last 24 hours.
Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.
