Ethereum rises in the third quarter 71%, while the percentage of supply in profit has still not entered the caution zone
BIBIBI
AT A GLANCE
Coinbase Institutional said that ETH rose in the third quarter 71%, but the relevant on-chain indicators have not yet shown clear signs of overheating.
Article
Ethereum rises in the third quarter 71%, while the percentage of supply in profit has still not entered the caution zone
BlockBeats news,October 10，Coinbase Institutional published a post stating that ETH rose in the third quarter by 71%, but on-chain indicators show that its price trend has not exhibited clear signs of overheating.
Data show that the percentage of ETH supply in profit has moved out of the accumulation range but remains well below the caution zone, indicating that the current market has not yet reached the excessive rally state suggested by historical indicators.
BlockBeats October 10 reported Coinbase Institutional's views on ETH market conditions.
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Coinbase Institutional stated that ETH rose in the third quarter 71%。
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The report cited on-chain indicators as saying that ETH the price trend has not exhibited clear signs of overheating.
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The ETH percentage of supply in profit has moved out of the accumulation range but remains well below the caution zone.
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The report therefore stated that the current market has not yet reached the excessive rally state suggested by historical indicators.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
“The percentage of supply in profit” can be understood as the proportion of ETH currently in profit on paper relative to the total supply. The original article states that this proportion has left the accumulation range but remains far from the caution zone, so this metric has not yet issued a clear overheating signal. This is only a description of an on-chain metric and does not mean that the price will necessarily continue to rise.
Why it matters to readers
ETH The third quarter has already seen a substantial rise, while the percentage of supply in profit has still not entered the caution zone, providing a reference point for observing market heat.
Beginners can view it as an observation of market temperature, rather than a definitive signal to buy, sell, or predict subsequent price movements.
Risks and unknowns
The material was relayed by BlockBeats as a SECONDARY_SOURCE and does not provide the original Coinbase Institutional article, so the complete wording cannot be directly verified.
The original article does not provide the specific value of the percentage of supply in profit, nor does it state the numerical criteria for the accumulation range and caution zone.
The original article does not specify the source, statistical methodology, or timestamp of the on-chain data used.
This metric alone cannot confirm the subsequent price direction of ETH.
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