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Over 90% of the circulating #ETH supply is now in a state of profit, i.e. the current price is higher compared to the price at the time the coins last moved.
Last time this we saw this level was in Feb 2018 when the $ETH price was at $925.
— glassnode (@glassnode) August 3, 2020
Over 90% of the current supply of ETH is now considered "in the money" aka in profit. pic.twitter.com/5OeDSm6RXK
— Anthony Sassano | sassal.eth 👨🌾 (@sassal0x) August 3, 2020