PANews reported on July 22 that according to Sentora monitoring, more than 90% of Ethereum addresses are currently in a profitable state, a new high since December 2024. Since there are relatively few addresses that have purchased Ethereum above the current price, the on-chain resistance appears to be weak. The first significant resistance level is slightly below the $4,000 mark, and currently about 2.39 million addresses hold ETH that is still in a loss.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.