Ethereum (ETH) is once again in the news, but this time it’s good news for buyers. Recent data shows that over 90% of Ethereum users are now making money because the price of the cryptocurrency has risen to impressive levels. According to IntoTheBlock, this upward trend is the best time in five months for people who own ETH to make profits. Related Reading: Elon Musk’s D.O.G.E. Targets The IRS: Taxman In The Crosshairs Of Budget Cuts Inspired by Bitcoin’s comeback above $96,000, the token jumped to $3,680, its biggest level since June. While Bitcoin cleared the path, Ethereum’s momentum is clearly seen since it broke barriers with ease. Though trading 25% below its all-time high (ATH) of $4,890, Ethereum’s fundamentals and market vibe point to a bright future ahead. 90.8% of $ETH holders are now in profit, the highest since June. Interestingly, the 9.2% of holders still at a loss hold just 2.8% of the total supply. This suggests that potential sell pressure from this group may have a limited impact as $ETH continues to trend upwa ..
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