IntoTheBlock: Currently only 66% of Ethereum addresses are profitable

BlockBeats reported that on August 12, according to IntoTheBlock data, only 66% of Ethereum addresses are currently profitable.

Last week's market drop had a significant impact on Ethereum, causing many holders to lose money.

The last time a similar proportion of profitable holders was seen was in October 2023, when Ethereum was trading at around $1,800.