Percentage of hodlers that make money at the current price (as of 2 August 2021) for some major cryptos

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https://preview.redd.it/64no2fe350f71.png?1920&format=png&auto=webp&s=c5d99bce722f4e54fdc86a9a4b597c5cc9f315db

Possibly due to the current rise in the price of Ethereum, more than 90% of the owners are currently in the green, but they’re clearly expecting more profit since they are keeping their ETH safe in their wallets. Next up is Bitcoin with 69%, people who bought at the top or on the way up are now in the red, waiting for Bitcoin to rise significantly again. The one and only meme coin: Dogecoin follows Bitcoin closely with about 66% of hodlers in the green. Surprising that even though a lot of people made some profits, they keep their bets on this coin without a real use case. The four “blue coins”: Litecoin, Cardano, Crypto.com token and Chainlink all hover a little above the 50% mark.

Uniswap is the first coin/token where less than half of hodlers are currently making money, just slightly though, with 49%. Matic follows UNI up with 41% and AAVE with 37%. At the low end, we find The Graph. A relatively new coin, released only at the beginning of this year. Most people probably got their GRT at the top of the past bull-run, and so they’re now in the red. Will they wait until their positions turn green again, and sell of imminently sell-off, or do they see a lot of upside potential in the coin and hodl till death.

The graph can mean a lot (or nothing), what does this graph mean in your opinion, I’m interested to hear your take.

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Data from https://app.intotheblock.com/. Due to not all coins being indexed on this site, some major coins (like BNB) are missing. I’ve excluded stable coins.