Long-Term Holder Trends: Ethereum Surpasses Bitcoin

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Long-term holder trends indicate a shift in market sentiment, with investors increasingly favoring Ethereum over Bitcoin, potentially signaling a bullish outlook for Ethereum's future performance.

According to PANews, recent data from IntoTheBlock reveals a shift in long-term holder trends for Bitcoin and Ethereum over the past year. The percentage of long-term Bitcoin holders has decreased, while Ethereum's long-term holder percentage has steadily increased, surpassing Bitcoin at the beginning of the year. Currently, the data indicates that 62.31% of Bitcoin holders are long-term, compared to 75.06% for Ethereum.

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