{"id":337351,"date":"2025-08-12T02:55:12","date_gmt":"2025-08-12T02:55:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/337351\/"},"modified":"2025-08-12T02:55:12","modified_gmt":"2025-08-12T02:55:12","slug":"nearly-every-ethereum-holder-in-green-but-eths-rally-may-be-far-from-over","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/337351\/","title":{"rendered":"Nearly every Ethereum holder in green, BUT ETH\u2019s rally may be far from over!"},"content":{"rendered":"

Key Takeaways<\/p>\n

Ethereum\u2019s rally has pushed 97% of holders into profit. And yet, on-chain metrics revealed that the market might not be overheated.\u00a0<\/p>\n

Ethereum [ETH]<\/a> holders are riding near-record profits right now. And yet, it would seem that there\u2019s no stopping it in the short-term. According to on-chain data, the altcoin\u2019s rally could push even higher, before cooling down eventually.<\/p>\n

Short-term traders are cashing out faster than at any point in the past year, but without tipping the market into exhaustion.<\/p>\n

Nearly every ETH holder is in profit!<\/p>\n

With 97% of Ethereum addresses currently in profit,<\/a> you\u2019d expect the market to be approaching exhaustion.<\/p>\n

\"ethereum\"<\/a><\/p>\n

Source: Sentora<\/p>\n

However, data from Sentora underlined almost universal gains among holders. This, while Glassnode\u2019s MVRV Extreme Values indicator remained<\/a> well below the overheated red zone that has historically marked cycle tops.<\/p>\n

\"ethereum\"<\/a><\/p>\n

Source: X<\/p>\n

Hovering near the 2.0-level, the MVRV still has space before hitting past peaks above 3.0-3.2. These levels were last seen during euphoric phases in 2017, 2021, and late 2023.<\/p>\n

Hence, it can be argued that the market may be in an early to mid-stage profit realization cycle, rather than a final blow-off top.<\/p>\n

As crypto analyst Ali Martinez noted<\/a>, the setup might point to more upside potential. Especially if profit-taking by short-term holders is absorbed by sustained demand.<\/p>\n

STHs lead Ethereum\u2019s profit surge<\/p>\n

Ethereum\u2019s latest profit wave has been driven<\/a> disproportionately by short-term investors.<\/p>\n

In fact, Glassnode data showed that ETH\u2019s 7-day SMA Realized Profits hit $771 million per day in July, surpassing December 2024\u2019s highs. This was the case before it eased slightly to $553 million this month.<\/p>\n

Long-term holder profits have been in line with December\u2019s peak too. Here, it\u2019s worth pointing out that the recent acceleration came from addresses holding ETH for less than six months.<\/p>\n

\"ethereum\"<\/a><\/p>\n

Source: Glassnode<\/p>\n

What this implied is that fast-moving traders have been capitalizing on price strength more aggressively than in previous cycles.<\/p>\n

However, this has been so without triggering the kind of profit saturation that usually precedes major market tops.<\/p>\n

The ongoing rotation from long-term stability to short-term cash-outs is a sign that this is a rally fueled by active turnover, rather than exhaustion. This leaves room for further price expansion<\/a> if demand holds.<\/p>\n","protected":false},"excerpt":{"rendered":"Key Takeaways Ethereum\u2019s rally has pushed 97% of holders into profit. And yet, on-chain metrics revealed that the…\n","protected":false},"author":2,"featured_media":337352,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,1123,16,15],"class_list":{"0":"post-337351","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-featured","11":"tag-uk","12":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115013545042911324","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/337351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=337351"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/337351\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/337352"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=337351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=337351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=337351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}