The recent market downturn has taken a toll on Ethereum, leaving only 66% of addresses in profit, a significant drop reminiscent of October 2023, when Ethereum was trading around $1,800. This decline has pushed a substantial portion of Ethereum holders into the red, marking one of the lowest profitability levels seen in nearly a year. Just 66% of Ethereum addresses are currently in profit. Last week’s market downturn significantly impacted Ethereum, pushing many holders into the red. The last time we saw a similar percentage of profitable holders was in October 2023, when Ethereum was trading around $1,800. pic.twitter.com/XhMonaaSPA —
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