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Ether Rose 71% in Q3 as Supply in Profit Stays Below Alert Zone

The share of Ether supply held at a profit moved out of the accumulation range but remains well below the alert zone.

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Faceted cryptocurrency coin resting below a colored threshold marker / TokenPost.ai
Faceted cryptocurrency coin resting below a colored threshold marker / TokenPost.ai

Ether rose 71% in the third quarter, while the share of supply held at a profit moved out of the accumulation range without reaching the alert zone.

The measure tracking profitable Ether supply remains well below that threshold, indicating that the market has not yet reached the excessive upward-movement levels signaled by historical indicators.

The data points to a stronger quarter for Ether while showing that profitable supply has not entered the range associated with elevated market conditions.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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