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TechFlow News, August 12 — According to IntoTheBlock data disclosed today, only 66% of Ethereum addresses are currently in a profitable position. Last week's market downturn has significantly impacted Ethereum, causing many holders to incur losses. The last time a similar profitability ratio occurred was in October 2023, when Ethereum's price was around $1,800.
According to IntoTheBlock, only 66% of Ethereum addresses are currently in a profitable state. Last week's market downturn has significantly impacted Ethereum, causing many holders to incur losses. The last time a similar profitability ratio occurred was in October 2023, when Ethereum's price was around $1,800.
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