66% of Ethereum Addresses Now Profitable

Ethereum Profitability Sees Uptick

Recent data from IntoTheBlock indicates that as of August 12, 2024, approximately 66% of Ethereum (ETH) addresses are in profit. This means that a significant portion of ETH investors have seen their initial investments grow as the price of Ethereum stabilizes above $2,600. To put it simply, if you bought Ethereum when it was cheaper than it is now, you're likely making a profit.