Forwarded from Glassnode
Over 90% of the circulating ETH supply is now in a state of profit, i.e. the current price is higher compared to the price at the time the coins last moved.
Last time this we saw this level was in Feb 2018 when the ETH price was at $925.
Live chart | @glassnode
Last time this we saw this level was in Feb 2018 when the ETH price was at $925.
Live chart | @glassnode