According to Foresight News, glassnode monitoring shows that among Ethereum holders based on profit and loss status, the majority of holders whose cost price is 0 to 20% higher than the purchase price. The cost price of these holders is between 2300 and 2500 dollars, corresponding to a market value of about 123 billion dollars. This means that even a moderate price drop could result in a large number of holders entering a loss position. Despite a recent increase, Ethereum is still in a vulnerable position.

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