Foresight News reports that according to on-chain analysis platform Sentora (formerly IntoTheBlock), currently over 90% of Ethereum addresses are in profit, reaching the highest level since December 2024. The data shows that there is relatively little on-chain resistance due to fewer addresses having purchased Ethereum above the current price. The first significant resistance level appears near the $4,000 level, with approximately 2.39 million addresses still holding Ethereum in a loss state.
Data: Over 90% of Ethereum Addresses are in Profit, Hitting a New High Since December 2024
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