🎁 Stake: Sign up FREE and get 25 Stake Cash. Play with gold coins TODAY. CLAIM NOW

Ethereum Soars to 75% Long-Term Holders as Bitcoin Drops Below 62%

Key Takeaways

  • Ethereum long-term holders grew from 59% to 75% in 2024, while Bitcoin's holders declined by 62%;
  • Bitcoin’s price hit $106,000 before dropping to $93,000, with long-term holders reducing stakes;
  • Spot Ether ETFs saw inflows surge from $1B in November to $2.1B by December.

🎁 Sign up FREE and get 25 Stake Cash on us. Play with gold coins, explore the casino and enjoy REAL rewards from day one. No deposit required. Just create your FREE account. CLAIM FREE PLAY

Ethereum Soars to 75% Long-Term Holders as Bitcoin Drops Below 62%

According to a December 29 post on X from IntoTheBlock, the number of Ethereum ETH $1,574.63 long-term holders steadily increased in 2024.

The data revealed that those holding Ethereum for over a year grew from 59% at the start of the year to 75% by December.

In contrast, Bitcoin’s BTC $61,031.27 long-term holders fell from 70% to 62% during the same period.

How Do KYC & AML Work in Crypto? (Explained)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

IntoTheBlock stated, "While the share of long-term Bitcoin decreased, the percentage of long-term ETH holders climbed, surpassing that of Bitcoin early in the year".

By December 30, Ethereum had 75.1% of its tokens held by long-term investors, compared to 62.3% for Bitcoin. IntoTheBlock defines long-term holders as those who retain assets for more than a year.

In mid-December, technical analyst Ger Van Lagen commented on Bitcoin’s price trends, noting that it was entering a “blow-off” phase. Bitcoin reached an all-time high of $106,000 before falling to $93,000 between December 16 and December 30.

While Bitcoin holders were reducing their stakes, Ethereum attracted increasing interest from individual and institutional investors.

Spot Ethereum exchange-traded funds (ETFs) surged from $1 billion in November to $2.1 billion by December.

Meanwhile, Solana’s SOL $63.02 Jito Pool recently shattered records with a $100 million monthly revenue surge. What’s driving this growth? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

Loading...
deal
×
Verified

GET $50 + EARN 8.5% APY

Figure Markets Bonus
Rating
5.0