Ethereum Long-Term Holders Surge to 75% in 2024 Amid Bitcoin Holder Decline

The latest data from IntoTheBlock reveals a significant shift in the dynamics of long-term cryptocurrency holders as we close out 2024. As of December 30th, the percentage of Ethereum long-term holders has surged to an impressive 75%, showing a marked increase from 59% recorded at the beginning of the year. This trend highlights a growing confidence among investors in Ethereum’s potential as a significant asset in the blockchain ecosystem. In contrast, the proportion of Bitcoin long-term holders has experienced a decline, dropping to 62.31%. This downturn may reflect a variety of factors, including market volatility and evolving investor strategies. As the cryptocurrency landscape continues to evolve, the contrasting holding patterns of major assets underline the necessity for investors to adapt their approaches in response to market conditions and technological advancements.