{"id":526221,"date":"2023-04-10T17:00:19","date_gmt":"2023-04-10T17:00:19","guid":{"rendered":"https:\/\/uniquehot.com\/?p=526221"},"modified":"2023-04-11T09:46:32","modified_gmt":"2023-04-11T09:46:32","slug":"ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/","title":{"rendered":"Ethereum Addresses In Profit Touches 11-Month High Ahead Of Shapella Upgrade"},"content":{"rendered":"

According to the timeline provided by the Ethereum Foundation, the Shapella upgrade is only about two days away. With this upgrade will come the ability for stakers to finally withdraw their staked ETH, which has led to anticipation around the upgrade. During this time, ETH\u2019s price has seen a good run-up, at one point breaking above $1,900. And despite the drawdown, the number of Ethereum investors who are seeing a profit has grown drastically.<\/p>\n

ETH Holders In Profit Reaches 11-Month High<\/h2>\n

A recent report from Glassnode has revealed that Ethereum holders see profits at rates not seen since 2022. This was before the Terra collapse that sent the market spiraling and prices of digital assets in the space crashed.<\/p>\n

Related Reading: Bullish Signal? MATIC Becomes Top 3 Most Purchased Coin Among Ethereum Whales<\/a><\/div>\n

Presently, the percentage of addresses in the green on a 7-day moving average sits at 68.430%, which is the highest in almost one year. It has risen over the last few months from below 50% to its present level as the price of ETH recovered quickly.<\/p>\n

\"Ethereum<\/p>\n

ETH addresses in profit returns to 11-month highs | Source: Glassnode<\/a><\/pre>\n
The same recovery trends have been seen across other metrics for the blockchain ahead of the Shapella upgrade. Another significant one is the number of non-zero ETH addresses. This metric is one which takes into account all Ethereum addresses that hold a balance above zero and it recently reached a new all-time high of 97,108,036<\/a>.<\/p>\n
Data from IntoTheBlock shows that much of the Ethereum supply is still dominated by large holders, which would explain the asset\u2019s ability to hold its value without many fluctuations in recent times. These \u2018diamond hands\u2019 make up 72% of all ETH holders.<\/p>\n
What To Expect From Ethereum Shapella Upgrade<\/h2>\n
The Shapella upgrade is expected to take place on April 12, 20223, at epoch 194,048. When this happens, withdrawals for staked ETH would be opened up. However, unlike what is widely believed, not all stakes would be able to withdraw at once.<\/p>\n
\"Ethereum<\/p>\n
ETH still holding firmly above $1,800 | Source: ETHUSD on TradingView.com<\/a><\/pre>\n
The Ethereum Foundation has previously said that the withdrawals would be staggered, giving room for the market to absorb the new supply that would likely flood the market. But there is also a good chance that a lot of the stakers would choose to continue staking.<\/p>\n
Related Reading: Grayscale Discount Continues To Recover, Good News For Bitcoin?<\/a><\/div>\n
This is because staking protocols such as Lido Finance have already provided staked with stETH and the like which they are able to trade for liquidity, so for many, there would be no point selling their staked ETH for liquidity, especially with ETH prices being so far down from its all-time high. So while many expect that the withdrawals would tank the price of ETH, the reverse may very well be the case.<\/p>\n
At the time of writing, ETH is still holding strong above $1,860, with 1.20% gains in the last day and 2.84% gains in the last seven days.<\/p>\n
Follow Best Owie on Twitter<\/a> for market insights, updates, and the occasional funny tweet\u2026 Featured image from iStock, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"
According to the timeline provided by the Ethereum Foundation, the Shapella upgrade is only about two days away. With this upgrade will come the ability for stakers to finally withdraw their staked ETH, which has led to anticipation around the upgrade. During this time, ETH\u2019s price has seen a good run-up, at one point breaking above $1,900. And despite the drawdown, the number of Ethereum investors who are seeing a profit has grown drastically. ETH Holders In Profit Reaches 11-Month High A recent report from Glassnode has revealed that Ethereum holders see profits at rates not seen since 2022. This was before the Terra collapse that sent the market spiraling and prices of digital assets in the space crashed. Related Reading: Bullish Signal? MATIC Becomes Top 3 Most Purchased Coin Among Ethereum Whales Presently, the percentage of addresses in the green on a 7-day moving average sits at 68.430%, which is the highest in almost one year. It has risen over the last few months from below 50% to its present level as the price of ETH recovered quickly. ETH addresses in profit returns to 11-month highs | Source: Glassnode The same recovery trends have been seen across other metrics for the blockchain ahead of the Shapella upgrade. Another significant one is the number of non-zero ETH addresses. This metric is one which takes into account all Ethereum addresses that hold a balance above zero and it recently reached a new all-time high of 97,108,036. Data from IntoTheBlock shows that much of the Ethereum supply is still dominated by large holders, which would explain the asset\u2019s ability to hold its value without many fluctuations in recent times. These \u2018diamond hands\u2019 make up 72% of all ETH holders. What To Expect From Ethereum Shapella Upgrade The Shapella upgrade is expected to take place on April 12, 20223, at epoch 194,048. When this happens, withdrawals for staked ETH would be opened up. However, unlike what is widely believed, not all stakes would be able to withdraw at once. ETH still holding firmly above $1,800 | Source: ETHUSD on TradingView.com The Ethereum Foundation has previously said that the withdrawals would be staggered, giving room for the market to absorb the new supply that would likely flood the market. But there is also a good chance that a lot of the stakers would choose to continue staking. Related Reading: Grayscale Discount Continues To Recover, Good News For Bitcoin? This is because staking protocols such as Lido Finance have already provided staked with stETH and the like which they are able to trade for liquidity, so for many, there would be no point selling their staked ETH for liquidity, especially with ETH prices being so far down from its all-time high. So while many expect that the withdrawals would tank the price of ETH, the reverse may very well be the case. At the time of writing, ETH is still holding strong above $1,860, with 1.20% gains in the last day and 2.84% gains in the last seven days. Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet\u2026 Featured image from iStock, chart from TradingView.com<\/p>\n","protected":false},"author":541,"featured_media":526223,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[13625],"tags":[8323,85328,16163,1946,8686,78803],"class_list":["post-526221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-eth","tag-eth-holders","tag-eth-price","tag-ethereum","tag-ethusd","tag-ethusdt"],"acf":[],"yoast_head":"\nEthereum Addresses In Profit Touches 11-Month High Ahead Of Shapella Upgrade<\/title>\n<meta name=\"description\" content=\"According to the timeline provided by the Ethereum Foundation, the Shapella upgrade is only about two days away. With this upgrade will come the ability\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Addresses In Profit Touches 11-Month High Ahead Of Shapella Upgrade\" \/>\n<meta property=\"og:description\" content=\"According to the timeline provided by the Ethereum Foundation, the Shapella upgrade is only about two days away. With this upgrade will come the ability\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-10T17:00:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-11T09:46:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/iStock-1390331994.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1183\" \/>\n\t<meta property=\"og:image:height\" content=\"887\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Best Owie\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/BestOwie\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Best Owie\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/\"},\"author\":{\"name\":\"Best Owie\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d\"},\"headline\":\"Ethereum Addresses In Profit Touches 11-Month High Ahead Of Shapella Upgrade\",\"datePublished\":\"2023-04-10T17:00:19+00:00\",\"dateModified\":\"2023-04-11T09:46:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/\"},\"wordCount\":504,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/iStock-1390331994.jpg?fit=1183%2C887\",\"keywords\":[\"ETH\",\"ETH holders\",\"eth price\",\"ethereum\",\"ethusd\",\"ETHUSDT\"],\"articleSection\":[\"Ethereum\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/\",\"url\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/\",\"name\":\"Ethereum Addresses In Profit Touches 11-Month High Ahead Of Shapella Upgrade\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/iStock-1390331994.jpg?fit=1183%2C887\",\"datePublished\":\"2023-04-10T17:00:19+00:00\",\"dateModified\":\"2023-04-11T09:46:32+00:00\",\"description\":\"According to the timeline provided by the Ethereum Foundation, the Shapella upgrade is only about two days away. With this upgrade will come the ability\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/iStock-1390331994.jpg?fit=1183%2C887\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/iStock-1390331994.jpg?fit=1183%2C887\",\"width\":1183,\"height\":887,\"caption\":\"Ethereum on U.S Currency Background. Digital currency used for verified transactions while maintaining a digital record in a decentralized system using cryptography, rather than by a centralized authority.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ethereum Addresses In Profit Touches 11-Month High Ahead Of Shapella Upgrade\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d\",\"name\":\"Best Owie\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g\",\"caption\":\"Best Owie\"},\"description\":\"Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/BestOwie\"],\"url\":\"https:\/\/uniquehot.com\/author\/owiebest\/\"}]}<\/script>\n","yoast_head_json":{"title":"Ethereum Addresses In Profit Touches 11-Month High Ahead Of Shapella Upgrade","description":"According to the timeline provided by the Ethereum Foundation, the Shapella upgrade is only about two days away. With this upgrade will come the ability","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/","og_locale":"en_US","og_type":"article","og_title":"Ethereum Addresses In Profit Touches 11-Month High Ahead Of Shapella Upgrade","og_description":"According to the timeline provided by the Ethereum Foundation, the Shapella upgrade is only about two days away. With this upgrade will come the ability","og_url":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-04-10T17:00:19+00:00","article_modified_time":"2023-04-11T09:46:32+00:00","og_image":[{"width":1183,"height":887,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/iStock-1390331994.jpg","type":"image\/jpeg"}],"author":"Best Owie","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/BestOwie","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Best Owie","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/"},"author":{"name":"Best Owie","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d"},"headline":"Ethereum Addresses In Profit Touches 11-Month High Ahead Of Shapella Upgrade","datePublished":"2023-04-10T17:00:19+00:00","dateModified":"2023-04-11T09:46:32+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/"},"wordCount":504,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/iStock-1390331994.jpg?fit=1183%2C887","keywords":["ETH","ETH holders","eth price","ethereum","ethusd","ETHUSDT"],"articleSection":["Ethereum"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/","url":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/","name":"Ethereum Addresses In Profit Touches 11-Month High Ahead Of Shapella Upgrade","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/iStock-1390331994.jpg?fit=1183%2C887","datePublished":"2023-04-10T17:00:19+00:00","dateModified":"2023-04-11T09:46:32+00:00","description":"According to the timeline provided by the Ethereum Foundation, the Shapella upgrade is only about two days away. With this upgrade will come the ability","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/iStock-1390331994.jpg?fit=1183%2C887","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/iStock-1390331994.jpg?fit=1183%2C887","width":1183,"height":887,"caption":"Ethereum on U.S Currency Background. Digital currency used for verified transactions while maintaining a digital record in a decentralized system using cryptography, rather than by a centralized authority."},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Ethereum Addresses In Profit Touches 11-Month High Ahead Of Shapella Upgrade"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d","name":"Best Owie","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g","caption":"Best Owie"},"description":"Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/uniquehot.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ethereum Addresses In Profit Touches 11-Month High Ahead Of Shapella Upgrade","url":"http:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ethereum\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/iStock-1390331994.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/iStock-1390331994.jpg?fit=1183%2C887"},"articleSection":"Ethereum","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["eth","eth holders","eth price","ethereum","ethusd","ethusdt"],"dateCreated":"2023-04-10T17:00:19Z","datePublished":"2023-04-10T17:00:19Z","dateModified":"2023-04-11T09:46:32Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ethereum Addresses In Profit Touches 11-Month High Ahead Of Shapella Upgrade\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ethereum\\\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ethereum\\\/ethereum-addresses-in-profit-touches-11-month-high-ahead-of-shapella-upgrade\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/iStock-1390331994.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/iStock-1390331994.jpg?fit=1183%2C887\"},\"articleSection\":\"Ethereum\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"eth\",\"eth holders\",\"eth price\",\"ethereum\",\"ethusd\",\"ethusdt\"],\"dateCreated\":\"2023-04-10T17:00:19Z\",\"datePublished\":\"2023-04-10T17:00:19Z\",\"dateModified\":\"2023-04-11T09:46:32Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/iStock-1390331994.jpg?fit=1183%2C887","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/526221"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=526221"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/526221\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/526223"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=526221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=526221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=526221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}