The proportion of ETH supply with over 3x profit drops to 11%
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The proportion of ETH supply with more than 3x profit has dropped to 11%, the lowest level since February 2017. In the previous two cycles, this proportion once exceeded 50% at its peak, but in the current cycle, it has not reached this level, indicating that ETH's profit structure is significantly compressed compared to previous cycles. (glassnode)
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