{"id":137413,"date":"2024-09-18T09:30:00","date_gmt":"2024-09-18T06:30:00","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137413"},"modified":"2024-09-18T00:26:51","modified_gmt":"2024-09-17T21:26:51","slug":"heres-how-ethereum-holder-profitability-has-changed-during-the-recent-downturn","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/heres-how-ethereum-holder-profitability-has-changed-during-the-recent-downturn\/","title":{"rendered":"Here\u2019s How Ethereum Holder Profitability Has Changed During the Recent Downturn"},"content":{"rendered":"

This shift is measured using the \u201cHistorical In\/Out of the Money<\/a><\/strong>\u201d indicator, which tracks the percentage of holders who have gained, lost, or broken even based on their average acquisition price.<\/p>\n

When the price of Ethereum<\/a><\/strong> falls below an investor\u2019s cost basis, they are considered \u201cout of the money\u201d (in a loss), while those whose acquisition price is lower than the current market value are \u201cin the money\u201d (in profit). The metric has dropped notably from earlier this year when over 90% of Ethereum holders were in profit during a bullish rally. The recent market downturn has pushed this figure down to 61%.<\/p>\n

\u00a0<\/p>\n

\"Image\"<\/p>\n

Historically, when a large portion of investors are in profit, the likelihood of selloffs increases, often leading to market tops. Conversely, bottoms tend to form when more holders are at a loss, as profit-taking sellers diminish.<\/p>\n