As Ethereum (ETH) hovers around the $2,459 mark, blockchain analytics reveal that 59% of all Ethereum holders are currently in profit, according to the latest on-chain metrics.
This significant majority reflects growing investor confidence amid recent bullish momentum in the broader crypto market.
- Holders in Profit: 59%
- At the Money (Break-Even): 5%
- Out of the Money (Loss): 36%
This means that nearly 6 in 10 Ethereum wallets are seeing gains on their holdings, while just over a third remain in the red. The “at the money” group—holders who bought near the current price—represents a smaller 5%, indicating relatively fewer recent buyers sitting at break-even.
Other Vital Metrics at the Time of Writing
- Market Cap: $296.92 billion
- Large Transactions Volume (7D): $39.5 billion
- Netflows (7D): -$1.01 billion
- Concentration by Large Holders: 56%
- Holder Time Share: 75% of addresses have held for over a year
- Price Correlation with Bitcoin: 0.89 (strong correlation)
Despite a $1 billion outflow over the past week—often a bearish signal—the Ethereum network is flashing mostly bullish signs. According to the summary indicator, Ethereum’s on-chain signals show 3 bullish indicators and 1 neutral, with none registering as bearish at this time.
Investor Sentiment Remains Positive
The overall sentiment is marked as “Mostly Bullish,” driven by:
- Net Network Growth (0.36%) – Neutral
- In the Money (6.51%) – Bullish
- Large Transactions (0.45%) – Bullish
While there are currently no exchange or derivatives signals available for Ethereum, the on-chain data paints a picture of a maturing asset held long-term by confident investors.
Source: https://coindoo.com/how-many-ethereum-holders-are-in-profit-right-now/