From Glassnode, traders receive huge profits from Ethereum

As observed by Glassnode, it seems that Ethereum has been quite profitable for its investors in the past.

Currently, the number of ETH addresses losing money (presumably because ETH has not surpassed ATH) has been at its lowest level in the past two years. Meanwhile, the number of profitable ETH addresses has been at its highest level in the past two years.

Ethereum price went up more than 400% last year, while ETH addresses in profit just reached a 2-year high @glassnode #ETH @ethereum @azcoinnews https://t.co/U2C29yUle0

— AZCoin News (@azcoinnews) January 3, 2021

According to Glassnode, the number of losing ETH addresses has been at its lowest level in the past two years, hitting 3,598,370,625. Meanwhile, the number of profitable ETH addresses reached a two-year high of 3,625,054,500, a level observed on December 31, 2020.