As the global cryptocurrency charts move in uncertainty, the second-largest crypto, ethereum (ETH), witnessed a significant fall on May 12 — the price dropped to a one-month low of $1,745.
Ethereum’s price started to rise on May 13. With the recent downturns, Glassnode data shows that the number of ETH holders currently at a loss, despite its notable surge, reached 34,572,859, last seen in late March.
Source: https://crypto.news/ethereum-holders-are-at-loss-despite-the-bullish-spur/