Profitable Ethereum addresses are now at 58%, the lowest in 22 months

So far in 2022, Ethereum has done the worst out of the top 5 cryptocurrencies. Right now, Ethereum is down by almost 60 percent. Because of this, a large number of ETH addresses are losing a lot of money. Glassnode, an on-chain analytics platform, says that 58.08 percent of Ethereum addresses are making money right now. This is the lowest number since July 2020.