79.92% of Ethereum Addresses Currently in Profit

Quick Summary:

79.92% of Ethereum Addresses Currently in Profit In a positive development for Ethereum (ETH) investors, CryptoQuant analyst Baykuş reported on X that a substantial 79.92% of Ethereum addresses are currently in profit.

This high percentage indicates a strong bullish sentiment among Ethereum holders.

This positive sentiment can attract new investments and encourage existing holders to maintain or increase their positions, contributing to Ethereum’s price stability and growth.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: ETHEREUM Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 11:54:04 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 693 words

Reading Time: 4 minutes read

Sentences: 35 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23394842

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 22 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #121

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