Ethereum Number of Addresses in Profit Hits ATH Following Ether's New Price Disc

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Ether’s ongoing price rally has translated to more profitability for the coin’s holders as on-chain data shows the number of Ethereum addresses in profit has hit a new all-time high (ATH) of 56,953,148.232 based on a 7-day moving average.

It has been a largely profitable week for Ethereum as the coin’s price also surged to an ATH above $2,500 for the first time.

The cryptocurrency ecosystem is seeing an encompassing price surge as both the top digital assets including Bitcoin (BTC), and Binance Coin (BNB) amongst others have inked new ATHs in the past week as fueled by different fundamentals. The Ethereum surge which was partly fueled by the launch of the Berlin upgrade on the network’s Mainnet in the past days has arguably helped to push the coin toward rewarding its investors Source