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TechFlow, July 21 — According to on-chain analytics platform Sentora (formerly IntoTheBlock), over 90% of Ethereum addresses are currently in profit, the highest level since December 2024.
Data shows that due to relatively few addresses having purchased Ethereum at prices above the current level, on-chain resistance is low. The first notable resistance level appears near $4,000, where approximately 2.39 million addresses still hold Ethereum at a loss.
According to on-chain analytics platform Sentora (formerly IntoTheBlock), over 90% of Ethereum addresses are currently in a profitable state, reaching the highest level since December 2024. Data shows that due to relatively few addresses purchasing Ethereum at prices above the current level, on-chain resistance is low. The first significant resistance level appears near $4,000, where approximately 2.39 million addresses still hold Ethereum at a loss.
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