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While Ethereum (ETH) has experienced a 14% drop in price over the past week, recent data from Glassnode reveals encouraging signs of improved investor sentiment. 

 

 

 

 

 

Despite revisiting cycle lows, Ether demonstrated resilience by outperforming Bitcoin (BTC) in various aspects. Notably, the on-chain analytics firm highlighted a multiyear high in net profits locked in by ETH investors, indicating positive changes in investor profitability amid the current market downturn.

 

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