Almost 97% of All Ether Holders Are Now in the Green. What Next?

Almost 97% of All Ether Holders Are Now in the Green. What Next?Majority of ether addresses are now “in-the-money.”Updated Aug 11, 2025, 7:27 p.m. Published Aug 11, 2025, 11:23 a.m.

Ether’s (ETH) recent rally has pushed a vast majority of its addresses into profit, a development that could slow its ascent.

According to analytics firm Sentora, 97% of ether addresses are now “in-the-money.” In other words, the average acquisition costs of these addresses is lower than ether’s going market rate of $4,225.

This high profitability figure suggests that the current price rally could run into a significant increase in the sell-side pressure, a dynamic that could slow the price ascent.

According to data by Glassnode, profit-taking is already happening. ETH profit realization, measured by a seven-day simple moving average, is ramping up again, with the tally climbing to $553 million per day. The profit taking peaked a $771 million per day in July.

Further analysis reveals a shift in the source of this selling. While long-term holders, or those holding coins for over 155 days, are realizing profits at levels consistent with the peak in December 2024, it is now short-term investors who are driving the current wave of profit-taking.

Read: Ether to $4.4K? This Hidden Signal Suggests a Possible Quick Fire Rally

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

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