Long-term Ethereum (ETH) holders have shown strong confidence in 2023. According to data from Intotheblock, the holding balance of this group continues to grow, with approximately 110 million ETH controlled by long-term holders. This trend reflects a positive outlook for the future development of Ethereum, and the confidence of long-term holders may inject more vitality into the market. On-chain blockchain data analysis indicates that the long-term holding strategy of ETH is becoming a focal point of interest for investors.