Ethereum's profitability recovers because the on-chain indicators are again optimistic.

Ethereum owners see green numbers again after months of market load.
After a strong price increase, the on-chainData Now a strong recovery of the Wallet Rentability in the entire network.
According to the blockchain analysis company Sentora, almost 60 % of the Ethereum Wallets token currently have been purchased below the market value-an increase compared to the low of only 32 % in April. This postponement reverses the declining trend, which started at the end of 2024 when the profit margins collapsed parallel to the decline in the ETH course.
The analysis of Sentora, which pursues the profitability based on its “in/out of the money” indicators, compares the acquisition price of each address with the current spot courses. The company found that Ethereum has no such extreme fluctuations in the profitability of investors since the cycle of 2017.
Additional data from Glassnode confirm that Ethereum has recaptured important evaluation benchmarks. The asset has exceeded its Realized Price – a key figure that reflects the average acquisition costs in the entire network – of almost $ 1,900. He also exceeded the True Market Mean of $ 2.400, which is adjusted for the resting stock.
The last hurdle? The Active Realized Price of about $ 2.900, which would mean a complete recovery of all active market participants.
Since most owners have made profits again and important threshold values have been recaptured in the blockchain, the latest upswing from Ethereum seems to be on a solid foundation than the latest attempts.