Data: Over 90% of Ethereum addresses are in profit, a new high since December 2024

On July 21, according to on-chain analysis platform Sentora (formerly IntoTheBlock) monitoring, over 90% of Ethereum addresses are currently in profit, reaching the highest level since December 2024. Data shows that on-chain resistance is low due to relatively few addresses purchasing Ethereum above the current price. The first significant resistance level appears near the $4,000.00 level, where approximately 2.39M addresses are still holding Ethereum at a loss. [Techflow TechFlow]