The number of long-term holders of Ethereum significantly increases in 2024, while the number of long-term Bitcoin holders decreases
According to a report by Cointelegraph, in 2024, as confidence in Ethereum strengthens in the new year, the number of long-term Ethereum holders is steadily increasing, while the number of Bitcoin holders is decreasing.
According to IntoTheBlock data, the total percentage of long-term holders who have held Ethereum for over a year rose from 59% in January to 75% by the end of 2024. In contrast, the number of long-term Bitcoin holders steadily declined during the same period, from about 70% down to 62%. As of December 30, the percentage of long-term Bitcoin holders was 62.3%, while the percentage of long-term Ethereum holders was 75.1%.
IntoTheBlock defines long-term holders as those who have held an asset for more than a year. While this metric is just one of many indicators investors use to gauge market sentiment towards major crypto assets, the ongoing shift in long-term Ethereum holding trends also indicates that confidence in this asset is steadily increasing as we approach 2025.
This bull market has meme characteristics with hundredfold potential:
1. Musk concept
2. Strong community
3. Good narrative or application
4. Low market cap
#Marvin Musk's beloved dog, with a market cap of only ten million, has a community mission to rescue stray dogs (including but not limited to), and is expected to launch a metaverse game before 1/1, subsequently burning more tokens. All these factors meet the above hundredfold criteria; how much longer will you hesitate?
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