Ethereum Profitability Surges: 60% of ETH Holders Back in Profit as Key On-Chain Thresholds Reclaimed
Ethereum (ETH) experienced major market volatility between December 2024 and April 2025, causing the percentage of profitable holders to plunge from over 90% to just 32% after a significant sell-off. However, recent weeks have seen a notable recovery, with almost 60% of Ethereum investors now ’in the money’ thanks to a strong price rally. On-chain analysis by Sentora (formerly IntoTheBlock) and Glassnode confirms that ETH has reclaimed essential price levels, including the Realized Price at $1,900 and the True Market Mean at $2,400, reflecting renewed bullish sentiment. To achieve a full recovery, ETH needs to surpass the Active Realized Price barrier set at $2,900. Currently, Ethereum trades around $2,660, up approximately 4% in the past week. This rebound underscores the volatile nature of the crypto market and highlights the importance for traders to monitor key on-chain signals. If ETH can maintain or build on recent gains, further upside could follow, but caution remains advisable given ongoing market swings.
Bullish
The sharp rebound in Ethereum profitability, with nearly 60% of holders now in the money, signals renewed confidence among investors and a shift in market sentiment. The reclaiming of critical on-chain levels like the Realized Price and the True Market Mean adds to the bullish outlook, and breaking above the $2,900 Active Realized Price could cement a full recovery. Although volatility remains, these developments are likely to attract more traders and speculators, increasing buying pressure and supporting further price gains in the short to medium term. However, traders should remain vigilant of potential rapid shifts, as observed previously.