As of today, Ethereum's active addresses are about 95 percent profitable, surpassing bitcoin's.
As crypto fund EMC Labs reports via X, "As of February 21, the percentage of ETH addresses that are profitable was 94.8%, surpassing the percentage of BTC profitable addresses (92%). ETH balances on centralized exchanges (CEXs) continue to shrink. Currently, only 13.2 million ETH, or about 11% of the ETH supply in circulation, are on exchanges. ETH balances on exchanges are lower than at the peak of the previous two bull markets. It is at a similar level to the July 2015 low. In terms of supply fundamentals, ETH is in unprecedented good shape."
