Here’s The Number of Ethereum Holders in Profit as ETH Surges to $3.8K

Ethereum’s dramatic rally to the $3,700 price zone has put a substantial portion of the cryptocurrency’s holders in profit, boosting their investment returns significantly.by IntoTheBlock, 90% of market participants holding ETH are currently in profit, while the remaining 10% are at the money. No ETH holder is at a loss, at the time of writing.to $3,790, indicating a 22% increase in the past 24 hours. This significant uptick has put the majority of ETH holders in profit.

If Balchunas’s prediction is correct, there could be an influx of filings from potential Ether ETF issuers in the coming days.

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