NEWSLETTER
Most of the great capitalization altcoins have shine moments in this current bull cycle, with Solana and XRP are some of the outstanding artists. On the other hand, ethereum “The King of Altcoins” has struggled to impress, with a lower performance during the past year.
The latest data in the chain show that a significant percentage of eth investors is now under water, partly due to the recession that recently plague the general market. Below is the amount of the ethereum supply in losses and its potential impact on the price.
How many eth tokens have profits?
In a February 8 publication on the x platform, Santiment of the prominent analysis firm in the Santiment chain <a target="_blank" href="https://x.com/santimentfeed/status/1888152518842056718″ target=”_blank” rel=”noopener nofollow”>revealed that the amount of ethereum tokens in red has constantly increased in recent weeks. The two relevant metrics here are the “percentage of total gain supply” and “total gain supply.”
For the context, the “gain offer” metric is calculated by adding all the token amounts that were last transferred when the token price was lower than the current price. Meanwhile, the “percentage of total supply in profits” measures the percentage of the total supply of a cryptocurrency that currently remains at a higher price than the original purchase price. He represents the relationship between the offer in gains YCIRRULATION SUPPLY.
According to Santiment, ethereum market capitalization has collapsed at at least 36% since it reached a local maximum of $ 4,016 in mid -December. As expected, this constant decrease in prices has resulted in a remarkable fall in the amount of eth tokens in profits since its date was first extracted.
<img decoding="async" class="aligncenter" src="https://technicalterrence.com/wp-content/uploads/2025/02/Ethereum39s-supply-in-profits-reaches-a-new-minimum-of-4.jpeg" alt="ethereum ” width=”1200″ height=”674″/>
Source: Santiment/x
Santiment's data show that ethereum's amount of tokens in profits is currently around 97.7 million, the lowest value since November 4, 2024 (the night Trump won the presidential elections of the United States) at the same time , the relationship between eth total supply in profits is 65.5%, the lowest value since October 2, 2024 and below 97.5% in early December.
Santiment noticed in its publication:
The crowd has been notoriously negative to market capitalization #2, since it has a lower yield compared to other large limits. With a large number of FUD merchants and retailers voluntarily pulling their tokens, there may be some surprise rebounds in the store once the encryption markets can stabilize.
When a relatively lower percentage of a token's offer has profits, resilient long -term holders are likely to dominate the market. This means that most FUD and retail merchants “have left their positions and sold their tokens, reducing the pressure down and preparing the stage for a possible rebound.
ethereum price
At the time of writing this article, the price of eth is located just above the $ 2,600 brand, which reflects an increase of more than 2% in the last 24 hours.
The price of eth on the daily timeframe | Source: ETHUSDT chart on x/fAmeIOxh/" target="_blank" rel="noopener nofollow">TradingView
Istock's prominent image, TrainingView graphics
