Ethereum outperforms Bitcoin in long-term holding ratio

According to data from IntoTheBlock, 74.7% of Ethereum addresses currently belong to long-term holders, far exceeding Bitcoin's ratio of just over 60%. This trend indicates increasing confidence in the future of ETH. While the number of Bitcoin holders is declining, Ethereum continues to maintain stable growth.

Bitcoin recently dropped below $92,000 but has seen a slight recovery. However, Bitcoin's Funding Rate remains low, indicating weak market demand. In contrast, Ethereum is pursuing a growth channel, with the potential to reach $6,000 if it holds the support level of $2,800. 🚀