Ethereum’s Profitability Landscape: Analyzing Current Address Performance At $2,458.51
The post Ethereum’s Profitability Landscape: Analyzing Current Address Performance At $2,458.51 appeared on BitcoinEthereumNews.com.
As Ethereum ETH hovers around $2,458.51, an analysis of address profitability reveals that a significant majority of holders are in the money. Currently, there are approximately 59.08 million ETH held by addresses in profit, accounting for around 79.92% of total addresses. Conversely, about 14.62 million ETH addresses are facing losses, representing 19.77% of the total. Additionally, 225,650 ETH addresses are at breakeven, which is a mere 0.31% of all addresses. These figures indicate that most Ethereum investors are enjoying profitability at present price levels. However, caution is advised as these profit zones may create short-term selling pressure, particularly around current price levels. Resistance is anticipated in the $2,459 to $2,531 range, while strong support has been identified in the $2,087 to $2,311 bracket. #ETH GENİŞLETİLMİŞ ANALİZ#Ethereum’un (ETH) belirli fiyat aralıklarında kârlılık durumunu inceleyen “In/Out of the Money Around Price” grafiğine odaklanacağız. Grafikte mevcut fiyat seviyesi olan $2,458.51’e yakın fiyat aralıklarında ETH sahibi olan adreslerin kârlılık ve zarar… pic.twitter.com/pzVg35aI01 — Baykuş (@KriptoBaykusV2) November 4, 2024 Despite the generally positive sentiment suggested by the high percentage of profitable addresses, market participants should be vigilant for profit realizations at these key resistance levels. Short-term traders may capitalize on these fluctuations, while long-term holders might consider using this data to enhance their portfolios. This Whale Bought 5,000 ETH In a noteworthy move, a whale who previously acquired 5,000 ETH at an average price of $1,800 is suspected of liquidating their position to secure profits. This whale deposited all their tokens into Binance at $2,478, potentially netting a profit of approximately $3.387 million upon sale. 2023.05 以均价 $1800 建仓 5000 枚 $ETH 的巨鲸疑似清仓止盈🤑 四小时前他已将所有代币充值进 #Binance，充值价格 $2478，若全部卖出将获利 338.7 万美金 钱包地址 https://t.co/hpdhfTZg1S pic.twitter.com/yDnjfrzEcA — Ai 姨 (@ai_9684xtpa) November 4, 2024 Additionally, the Ethereum spot ETF witnessed a net inflow of $13 million from October 28 to November…
Filed under: News - @ November 5, 2024 5:20 am