ETH Addresses in Profit Hit Highest in History, With Over 155 Million Wallets in Profit

• $ETH addresses in profit hit highest in history.
• Over 155 million $ETH wallets in profit, marking fastest rate yet.
• Price of $ETH just getting started this bull cycle.

Ethereum ($ETH), the pioneer crypto asset, continues to show great promise even as the price of $ETH experiences a dip in prices. In detail, $ETH addresses in profit hit highest in history, marking the occasion with over 155 million wallets in profit. This is a milestone for Ethereum, as $ETH marks the fastest rate ever. This shows high promise in the potential of the price of $ETH to hit much higher $ATH prices.

$ETH Addresses in Profit Hit Highest in History

The pioneer altcoin, Ethereum ($ETH), is expected to lead what could be the most bullish altseason phase yet this bull cycle. So far, the price of $ETH has yet to get truly started in experiencing an epic price pump. To highlight, the price of the pioneer altcoin asset has only just set its first $ATH price this bull cycle at the $4,900 price range, just above its previous $ATH price set in the $4,800 price range set 4 years ago.

This pushed the price of $ETH into a price discovery phase for the first time this bull cycle. However, since then, the price of $ETH has declined to the $4,100 price range twice, hoping to rally and break past the $5,000 price range and truly explore price discovery and start setting a string of new $ATH prices like BTC has already done this bull cycle. Despite the decline, $ETH continues to be one of the most bullish assets this bull cycle.

As we can see from the post above, $ETH addresses in profit have hit their highest target in history. The fact that this milestone was met before the price of $ETH could truly explore price discovery is an incredibly bullish sign, leading to high expectations for the coming altseason peak phase. This phase is expected to be led by $ETH, setting a string of new ATHs, finally giving altcoins the chance to hit new ATHs of their own.

At the moment, according to CoinMarketCap analytics, the price of $ETH is trading at the $4,200 price range with a total market cap of $507,682,905,108.28 and a 24-hour trading volume of $41,602,445,032.21. The pioneer crypto asset needs to pump over 15% to reclaim its previous $ATH price of $4,953, set last month. Expectations for $ETH to hit new $ATH prices this altseason place it at bull targets of up to $16,000.

Over 155 Million $ETH Wallets in Profit

With over 155 million $ETH wallets in profit, marking the fastest rate ever, the active investment firm, Trend Research, makes a move. As we can see from the post above, the entity just deposited 16,800 $ETH worth $72.88 million into Binance at $4,338. The firm had previously withdrawn 43,377 $ETH worth $191.82 million from Binance at a higher price of $4,422. How much will $ETH pump this altseason? Will $ETH face another dump before the altseason pump?