In the past week, we've seen a rise of over 50% in ETH, and the price has moved above the average cost basis of ETH holders. Typically, even in a bull market, after surpassing these averages, the price may revisit these levels. The average cost bases of ETH holders based on wallet size are as follows:
Balance 100–1k: $2,225
Balance 1k–10k: $2,196
Balance 10k–100k: $1,994
Balance 100k+: $1,222
Written by BlitzzTrading