🚨 $ETH just hit a level not seen since 2017.
According to Glassnode, the share of Ethereum supply sitting at 3x+ profit has dropped to just 11%, the lowest level since February 2017 👀
That means far fewer holders are sitting on massive gains compared to previous cycles.
Historically, extreme pessimism and compressed profits have often appeared near major turning points.
The question is:
Is this a warning sign... or a generational opportunity for $ETH? 📊🔥
ETH
1,674.51
+0.37%