cryptocurrency It seems that the expectations of some investors in the market have not been satisfied yet this year. The profit rate of up to 85% of the investors in the top five assets by market value and their network, Bitcoin (BTC), Tron (TRX) and Immutable (IMX), draws attention.
According to IntoTheBlock data, Bitcoin’s current profitability is 90.66%, indicating that a total of 47.06 million addresses are currently in the money. While the data shows that no BTC addresses are currently out of money, it noted that a total of 4.85 million addresses, or 9.35%, are at breakeven, or “in the money.” One of the main reasons why this rate is high is thought to be the Bitcoin ETF.
Despite its key relevance to the industry, Tron is arguably considered one of the most undervalued among the top cryptocurrencies. According to data from IntoTheBlock, TRX investors recorded their profitability at 97.51% or 113.48 million addresses. In comparison, a total of 1.45 million addresses, or 1.25% of all addresses, are out of money or at a loss, while 1.45 million addresses, or 1.24% of all addresses, are at a loss.
immutable It also attracts attention with its high profitability rate, although it is lower than Bitcoin and Tron. More than 55,500.00 addresses or 85.58% of all addresses are currently profitable. Accordingly, while the addresses in loss are 8,490 or 13.07%, those in the money or at break-even point are a total of 876 or 1.35%.
Address profitability is one of the important metrics followed by growth followers to know how healthy which asset is. Although there has been a significant turnaround, Avalanche (AVAX) recorded a profitability score below 40% at one point last year. Although this data presents a very high number, it is likely to change in the future as it does not have a very balanced growth curve.
