90% of those who invested in ether suffered losses

According to a study by IntoTheBlock, in most wallets where ether is stored, the price of its purchase or transfer to the address was higher than now.

At the time of publication, the ETH rate is at $130, which is almost 91% lower than the high of $1430.According to analysts at IntoTheBlock, prices have been declining over the past two yearsled to the fact that 31.31 million addresses (90% of the total) became "unprofitable", that is , at the time of their replenishment, the ether rate was higher than the current one.

Most investors bought the cryptocurrency at a price of $211 to $530.At the same time, at 3.58Ether arrived when it cost between $745 and $1,340, that is, during the six-month period of the crypto boom of late 2017 and early 2018.

Currently, only 8% of wallets broadcast wascredited at prices below $ 130, and about 2% got it at almost the current rate. However, 4120 investors managed to purchase it at a price of less than $ 1, they are the first buyers who drew attention to the project back in 2015.

The researchers also note that while only 8% of wallets store "profitable" Ether, they do own31.24% of the total supply of existing coins (34.05 million ETH for $4.5 billion).With a further decline in prices, it is possible that these investors will begin tosell off Ether, intensifying the bearish sentiment in the market.

The pressure on the ether further increases theIt is a fact that in the last 12 months, the bitcoin rate has more than doubled.

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