Around 53% of ETH addresses are currently operating at a loss due to market volatility. In contrast, 86% of Bitcoin holders are in profit. Ethereum's price has fallen by 52.8% over the past year and the altcoin experienced a significant drop recently. ETH ETFs have also seen continuous withdrawals. However, Ethereum co-founder Joseph Lubin remains optimistic about the future of crypto. Despite recent losses, he believes the US government's actions will help decentralized protocols like Ethereum thrive. Positive political developments have led to a modest recovery in the crypto market, with a slight increase in ETH's price. Ethereum's exchange reserves have also fallen, indicating a potential decrease in selling pressure and the possibility of future growth. Overall, the potential for recovery remains uncertain.



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