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Recap of Ethereum’s profitability in Q1 and what to expect moving forward
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ambcrypto.comEthereum’s native cryptocurrency ETH failed to reclaim the $2,000 price level in Q1 2023 despite high expectations. However, it performed quite well during the first three months of the year.
Is your portfolio green? Check out the Ethereum Profit Calculator
ETH achieved a 55.71% bounce in Q1 this year which is still relatively low compared to the extreme selloff that occurred in 2022. But what can Q1 data reveal about ETH’s profitability? Well, according to the latest Glassnode data, ETH’s realized price recently soared to a 4-month high.
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