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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.
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.