2025-02-09 20:01:52

Ethereum Supply In Profit Hits New 4-Month Low — What’s Happening?

bitcoinist.com (nprofile…le2g)
https://pbs.twimg.com/media/GjQPGqiXEAAqWux?format=jpg&name=medium
Most large-cap altcoins have moments of brilliance in this current bull cycle, with Solana and XRP being some of the stand-out performers. On the other hand, Ethereum “the king of altcoins” has struggled to impress, underperforming over the past year. The latest on-chain data shows that a significant percentage of ETH investors are now underwater, […]
https://bitcoinist.com/ethereum-supply-in-profit-reach-new-4-month-low/

Author Public Key

npub1mvlm9xukx5pek66dzt2muwkefhx3mzc4thlzt756n9h8dplrtk3qc52zuc

Seen on

wss://relay.nostr.band

Show more details

Published at

2025-02-09 20:01:52

Kind type

1 Short Text Note

Event JSON

{ "id": "4c4df1d23dcc11d4d3c09c2348dd6777b05d0e08355aedae514bfe7fa22fd10b", "pubkey": "db3fb29b9635039b6b4d12d5be3ad94dcd1d8b155dfe25fa9a996e7687e35da2", "created_at": 1739131312, "kind": 1, "tags": [ [ "r", "https://bitcoinist.com/ethereum-supply-in-profit-reach-new-4-month-low/" ], [ "subject", "Ethereum Supply In Profit Hits New 4-Month Low — What’s Happening?" ], [ "published_at", "1739131249" ], [ "image", "https://pbs.twimg.com/media/GjQPGqiXEAAqWux?format=jpg\u0026amp;name=medium" ], [ "p", "db3fb29b9635039b6b4d12d5be3ad94dcd1d8b155dfe25fa9a996e7687e35da2", "wss://articles.layer3.news" ], [ "imeta", "url https://pbs.twimg.com/media/GjQPGqiXEAAqWux?format=jpg\u0026amp;name=medium" ], [ "t", "Technology:perspective" ], [ "summary", "Ethereum, the second-largest cryptocurrency by market capitalization, has struggled to impress in the current bull cycle, with its price declining by at least 36% since reaching a local high in mid-December. According to on-chain data, a significant percentage of ETH investors are now underwater, partially due to the recent market downturn. The amount of Ethereum tokens in profit has decreased to 97.7 million, the lowest value since November 2024, with the ratio of the total ETH supply in profit standing at 65.5%, the lowest value since October 2024." ] ], "content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqmvlm9xukx5pek66dzt2muwkefhx3mzc4thlzt756n9h8dplrtk3qmxle2g\nhttps://pbs.twimg.com/media/GjQPGqiXEAAqWux?format=jpg\u0026amp;name=medium\nMost large-cap altcoins have moments of brilliance in this current bull cycle, with Solana and XRP being some of the stand-out performers. On the other hand, Ethereum “the king of altcoins” has struggled to impress, underperforming over the past year. The latest on-chain data shows that a significant percentage of ETH investors are now underwater, […]\nhttps://bitcoinist.com/ethereum-supply-in-profit-reach-new-4-month-low/", "sig": "b527523f3951cb2dab49da9c0d34c1f2965ac56559f93c9582d45f06f037060ae9e591794d497a1907c025a85a5c25bf7635634bf7383700305ebed06b8a7dd2" }