ETH’s Number of Addresses In Profit Has Reached An 11-Month High

ETH’s Number of Addresses In Profit Has Reached An 11-Month High

full version at coinedition
  • ETH’s number of addresses in profit (7d MA), has just reached a new 11-month high of 63,933,355.435.
  • Glassnode announced that ETH’s number of non-zero addresses has reached a new ATH.
  • ETH is currently trading hands at $1,813.93 after a 3.43% price increase.

The well-known on-chain analysis firm, Glassnode, took to Twitter earlier today to share some new insights and metrics about the largest altcoin by market cap, Ethereum (ETH). According to the post, ETH’s number of addresses in profit (7d MA), has just reached a new 11-month high of 63,933,355.435.

ETH number of addresses in profit (hourly chart, 7d MA), (Source: Glassnode)

The previous 11-month high stood at 63,912,252.762, and was observed on March 23 of 2023. In addition to this, Glassnode also announced on Twitter this morning that ETH’s number of non-zero addresses has reached a new ATH of 96,039,880.

ETH number of non-zero addresses (Source: Glassnode)

Yesterday was a blue Monday for the crypto market, but today already looks much better, and the same can be said for ETH. CoinMarketCap indicates that ETH is currently trading hands at $1,813.93 after a 3.43% price increase over the last…

The post ETH’s Number of Addresses In Profit Has Reached An 11-Month High appeared first on Coin Edition.

Recent Crypto News

Investors Show Continued Interest in Bitcoin ETFs
Stellar Price Forecast: Analyst Predicts XLM’s 594% Surge to $0.681
Ripple Labs Sees XRP Surge Following Federal Court Ruling
Wazirx to Reverse Transactions Following $235M Crypto Hack

Recent conversions

24000 KRW to NOK 90.000 ISK to NZD 400000 PKR to NZD 0.059 ETH to AUD 6 BTC to EUR 0.68 ETH to CAD 1500 THB to NOK 30000 KRW to USD 4000 TWD to NOK 0.05 ETH to ETH 3000 BTC to CZK