🚀 **61% of ETH Holders Are Profiting Amidst the Price Drop!**
- Blockchain intelligence platform IntoTheBlock has revealed that 61% of ETH holders are currently enjoying profits, despite the sharp decline in the prices of ETH and other altcoins. 📉
- In the past 24 hours, ETH has plunged by more than 4%, bringing its trading price to around $2,300. However, data shows that the percentage of ETH holders who are profitable remains high, compared to the previous bearish cycle.
- In 2017, only 3% of ETH holders were profitable. However, at the peak of the 2021 bull run, this number skyrocketed. Currently, despite the sluggish market, 61% of ETH holders are still in the green zone.
- Bitwise CEO Matt Hougan revealed that September was indeed a difficult month for crypto assets. However, he is optimistic that "Uptober" will bring a breath of fresh air to the crypto market.
- What do you think? Are you also optimistic about "Uptober"? Come on, let's discuss in the comments column! 💬