This significant majority reflects growing investor confidence amid recent bullish momentum in the broader crypto market.
Key On-Chain Insights
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%) – BullishWhile 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.
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