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90% Of Ether Holders Are Now “Out-Of-The-Money"

Ramsey Baker

Summary: Ether, the world’s second-largest cryptocurrency, is down from record highs and their holders are losing money on their investments. The coin which powers Ethereum's blockchain, is now trading at $130, which represents around a 90 percent drop from the all-time high of $1,431 that the coin reached in early January 2018, according to Bitpush Data. ...

Ether, the world’s second-largest cryptocurrency, is down from record highs and their holders are losing money on their investments.

The coin which powers Ethereum's blockchain, is now trading at $130, which represents around a 90 percent drop from the all-time high of $1,431 that the coin reached in early January 2018, according to Bitpush Data.

This brutal slide has put around 90% or 31.31 million Ether addresses “out-of-the-money,'' according to blockchain intelligence firm IntoTheBlock.

By Ramsey Baker

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