Data: ETH has broken above the cost basis for most investors

TechFlow news, May 15 — According to CryptoQuant, Ethereum (ETH) price has risen over 50% in the past week, surpassing the average cost basis of most holders. Analyst BlitzzTrading noted that even during bull markets, prices typically revisit these key levels after breaking through. Data shows the average cost basis for ETH across different wallet sizes: holders with 100-1,000 ETH at approximately $2,225, those with 1,000-10,000 ETH at around $2,196, holders with 10,000-100,000 ETH at about $1,994, while large holders (over 100,000 ETH) have an average cost of just $1,222.