Coinbase Institutional: Ethereum rose 71% in the third quarter, and the profit supply ratio has not yet entered the warning zone

Coinbase Institutional stated that ETH rose by 71% in the third quarter, but on-chain indicators show that there are no obvious signs of overheating in its price trend.

Data shows that the proportion of ETH supply in profit has moved out of the accumulation range, but it is still far below the warning zone, indicating that the current market has not reached the excessive rise state suggested by historical indicators.