Over 90% of ETH Holders Are Currently Profitable After the Token Price Reaches $3,800 – the Highest Level Since Late 2024.
Ethereum's price has soared in the past three months, attracting both institutional and individual investors, and simultaneously triggering the Altcoin season with many prominent Tokens experiencing significant price increases.
- Over 90% of ETH wallets are profitable, the highest level in over half a year.
- ETH demand has strongly increased from both institutions and individual investors, with the number of active wallets rapidly growing.
- The Altcoin season is booming with many notable Token price increases, while Bitcoin temporarily adjusts.
How Are Over 90% of ETH Holders Profitable?
According to data from Sentora, over 90% of ETH wallet addresses are currently generating profits, reaching the highest level since December 2024. This reflects Ethereum's sustainable growth as the price has increased over 120% in the past three months, rising to $3,800 from around $1,800.
"The outstanding growth of ETH in recent months has completely eliminated concerns about price decline, instead creating expectations that ETH will reach new heights."
Anna Smith, CEO of Sentora, 7/2025
The number of wallet addresses buying ETH at the current price is very low, indicating that the on-chain resistance at this price level is quite weak, giving ETH an opportunity for strong growth. Despite a recent slight adjustment of under 1%, the price trend remains positive with the first resistance zone around the $4,000 mark.
Why Are New ETH Buyers and Institutions Increasing Strongly?
The interest index for ETH is high, with both institutional and individual investors buying strongly. Many public companies have accumulated billions of dollars in ETH for their treasuries since the beginning of the year.
"The number of non-empty Ethereum wallets has reached a record 152 million, showing the increasing attraction of ETH to a wide range of users."
Jordan Lee, Glassnode Analysis Director, 6/2025
Glassnode data shows that the amount of ETH held by first-time buyers has increased by 16% since the beginning of July, marking new capital flowing into the market, partly ensuring buying power and stability for the current price increase cycle.
Practical Example of Investor Participation
Many reports indicate that in addition to individuals buying ETH for the first time, many institutional investment funds are also aggressively accumulating ETH, creating large demand and positivity in the market.
How Is the Altcoin Season Developing in the Context of ETH Price Increase?
ETH's outstanding performance has triggered the Altcoin season, with many large Tokens like Solana and Dogecoin increasing by 7.74% and 6.7% respectively in 24 hours.
Data from Santiment also recorded other altcoins such as PENGU increasing by 16%, HEX by 20%, PLSX by 12%, and KAS by 15%, clearly demonstrating the shift of profits from Bitcoin to other Tokens.
Although CoinMarketCap analysis shows the Altcoin Season Index is currently at 55/100 (56% of top 100 Tokens outperforming Bitcoin in 90 days), which is not enough to be called a true "Altcoin season", the signals are very positive with altcoin trading volume reaching its highest level since February 2025.
Impact on Bitcoin with Altcoin Boom
While altcoins surge, Bitcoin recorded a slight adjustment of over 2% in the past week, reducing its value and showing a decline in dominance to 59.67%, the lowest since March 2025. In contrast, ETH is maintaining its highest dominance since January 2025 at 11.58%.
Frequently Asked Questions
How Many ETH Holders Are Currently Profitable?
Over 90% of ETH Holders are profitable due to the significant price increase in recent months, confirmed by data from Sentora.
Why Are New ETH Buyers Increasing Rapidly?
ETH's price increase and high social media interest help attract new investors, with the amount of ETH held by first-time buyers increasing by 16% since the beginning of July 2025.
What Is the Altcoin Season and Has It Started?
The Altcoin season is a period when Tokens outside Bitcoin increase in price more significantly than Bitcoin. Currently, the Altcoin Season Index is 55/100, not enough to be called a season, but showing positive signs.
Can Ethereum Reach a New Price Peak?
Sentora analysts believe ETH could surpass the $4,000 mark as on-chain resistance remains low and market sentiment is very positive.
How Is Bitcoin Affected by ETH's Strong Increase?
Bitcoin is experiencing a slight adjustment and dominance has decreased to 59.67%, indicating a temporary capital shift to altcoins, but still maintaining an important role in the cryptocurrency market.
