#Long-Term.Ethereum.Holders.Reach.Record.70%.in.Dec
1. Long-term Ethereum holders hit a record high of over 70% in December, per IntoTheBlock data.
2. These committed holders refrained from selling, contributing to Ethereum's new benchmark.
3. Ethereum now exceeds Bitcoin in the percentage held by long-term holders, with BTC slightly below the 70% mark.
4. HODLers, key in blockchain health, demonstrate confidence in Ethereum's long-term potential amid market volatility.
5. Despite Ethereum's 85% market cap growth in 2023 and positive developments, it slightly lagged behind other major assets.
6. Glassnode co-founders predict a bullish trajectory for Ethereum in 2024, setting targets at $2,500 to $2,700 due to market enthusiasm.
7. Ethereum's success might hinge on acceptance from traditional finance, given its eco-friendly image, according to Messari.
8. Messari CEO predicts rapid adoption of an Ethereum ETF, akin to Bitcoin's trend.
