A recent analysis of cryptocurrency trends has revealed a significant shift in the demographics of Ethereum and Bitcoin holders. According to data from IntoTheBlock, the proportion of long-term Ethereum holders increased substantially in 2024, while Bitcoin saw a decline in long-term investors.
**Ethereum’s Growing Long-Term Holder Base**
As of the end of 2024, long-term holders of Ethereum accounted for 75% of the total, up from 59% in January of the same year. This notable increase suggests a growing confidence in the cryptocurrency among investors.
**Bitcoin Sees Decline in Long-Term Holders**
In contrast, the proportion of long-term Bitcoin holders decreased, falling to 62.31% by the end of 2024. This decline may indicate a shift in investor sentiment towards the cryptocurrency.
**Source:** IntoTheBlock data, as reported by BlockBeats news on December 30.
Source: M.theblockbeats.info
The post Ethereum Sees Surge in Long-Term Holders, Bitcoin Numbers Decline appeared first on CoinBuzzFeed.
