In recent months, Ethereum (ETH) has shown significant growth, leading to over 90% of its holders being in profit.
Profit Levels of ETH Holders
According to data from Sentora, over 90% of ETH holders are in profit after the token's price reached $3,800, the highest level since December 2024. This situation arises because most addresses purchased ETH at lower prices, which created light on-chain resistance at the mentioned price point.
Increase in Interest for ETH
The rising price of ETH has also amplified interest in the token among institutional and retail investors. In recent months, several public companies have been accumulating ETH for their treasuries. Additionally, data from Santiment reveals that discussions around ETH on social media have reached levels comparable to its price rise in May 2024. Currently, the number of non-empty ETH wallets has surpassed 152 million, a record for crypto assets.
Start of Altcoin Season
ETH’s performance in the past three months has also kick-started the altcoin season, with several tokens like Solana and Dogecoin seeing gains of 7.74% and 6.70%, respectively. While the altcoin market has not yet reached full swing, data shows that altcoin trading volume on Binance Futures hit $100.7 billion in a single day, the highest level since February 2025.
Thus, the current trends in the ETH and altcoin markets indicate a potential growth period as investor interest continues to rise.
