Ethereum Profits Surge : 90 % Of Holders In The Green
Ethereum, the second cryptocurrency in terms of market capitalization, is going through a remarkable period. According to data published by the analysis company IntoTheBlock, 90.8 % of ETH holders are now in profit, a peak that has not been reached in months. This announcement comes in a context where the crypto market shows signs of consolidation. Such a situation is accompanied by a strategic repositioning of stablecoins, with trends that could redefine the upcoming market movements.
A solid market : analysis of Ethereum’s profitability figures
The recent figures from IntoTheBlock reveal that nearly all investors in Ethereum are in positive territory, which represents a major shift for the crypto. “90.8 % of ETH holders are in profit, the highest level since June,” explains the company. This performance reflects the resilience of Ethereum despite the fluctuations that regularly affect the crypto market. Notably, only 9.2 % of wallets remain in loss, representing a modest portion of 2.8% of the total supply. This data suggests that the potential for selling pressure, often feared during rising periods, remains limited, with a strengthening of the network’s stability.
In this context, the current price of Ethereum, which fluctuates around $3,570, demonstrates its ability to maintain a bullish momentum. Although the market has recorded a slight decline over the past 24 hours, this relative stability helps to consolidate investor confidence, creating a favorable climate for a possible continuation of growth. Current indicators thus seem to position Ethereum as a central pillar of the crypto ecosystem.
Stablecoins and investor strategies : an evolving dynamic
Alongside the increasing profitability of Ethereum holders, exchanges have seen an unusual situation arise: a record net outflow of stablecoins in November, the largest flow since last April. According to IntoTheBlock, these capital movements reflect profit-taking by investors, who seek to secure their gains before potentially reinvesting in more volatile assets like altcoins. This behavior indicates a strategic evolution in portfolio management, where caution and anticipation of future corrections take precedence over immediate risk-taking.
The impact of stablecoins on the market does not stop there. Tether (USDT), the undisputed leader in this category, has just crossed a symbolic milestone with a capitalization of $130 billion, and recorded a transaction volume of 24.1 million movements. These figures reinforce the central role of stablecoins in the crypto economy, both as a security tool and as a reserve for new investment opportunities.
The current state of the Ethereum market, combined with the flows of stablecoins, illustrates a complex dynamic where growth and caution coexist. This situation could herald a new phase of expansion for altcoins, fueled by strategic reallocations of capital. If Ethereum continues on its path, it could solidify its position as a key driver of the crypto market, redefining investment strategies for the months to come.
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Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.