šŸ“¢šŸ“¢Blockchain industry news flash! The latest data from Glassnode shows that the number of long-term holders of Ethereum has hit a new highšŸš€šŸš€. The HODL Waves chart reveals that a large amount of Ethereum acquired during 2021-2022 is still firmly in the hands of investors, especially those who have held it for 1 to 3 years. These "holding ground" Ethereum accounts for a large part of the total supply.

This holding pattern reflects investors' confidence in the long-term value of EthereumšŸ’ŖšŸ’Ŗ. Many investors choose to keep their Ethereum instead of selling it due to market fluctuations. This trend is further supported by the decline in the proportion of Ethereum held for less than 6 months.

It is worth noting that the proportion of Ethereum held for more than 7 years has also increased, representing those long-term holders who have experienced multiple market cycles. It seems that the long-term value of Ethereum is being recognized by more and more investors! šŸŽ‰šŸŽ‰ (CryptoSlate)