Most Ethereum holders have a cost price between $2,300 and $2,500

According to Foresight News, glassnode monitoring shows that in the distribution of Ethereum's market value based on profit and loss status, the majority of holders are 0 to 20% higher than the cost price. The cost price of these holders is between $2,300 and $2,500, corresponding to a market value of approximately $123 billion. This means that even a moderate price drop could cause a large number of holders to turn into a loss-making state. Despite the recent rise, Ethereum is still in a vulnerable position.