Introduction: A Surge in Long-Term Holding

Ethereum, the second-largest cryptocurrency by market capitalization, has seen a remarkable increase in the number of long-term holders. Data from Glassnode, a leading on-chain analytics platform, reveals that more Ethereum is being held for extended periods, signifying robust confidence in its long-term potential. This trend highlights a significant shift in investor behavior, suggesting that many are betting on Ethereum’s enduring value despite market fluctuations.&middot

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