Market Sentiment Shift: ETH Outpaces BTC in Long-Term Holder Retention Throughout 2024
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ETH Outpaces BTC in Long-Term Holder Retention Throughout 2024: ITB
Despite not hitting its all-time high, Ethereum has witnessed a surge in long-term holder retention throughout 2024. According to IntoTheBlock data, the percentage of long-term Ether (ETH) holders has consistently surpassed that of Bitcoin (BTC) investors over the past year.
As we head into 2025, it appears that investor confidence is shifting towards Ethereum. This divergence in investor behavior, with ETH seeing stronger retention among long-term participants compared to BTC, suggests a significant shift in market sentiment.
It’s interesting to note that this trend has emerged despite Ethereum not experiencing an all-time high like Bitcoin. The world’s second-largest altcoin has seen its share of developments, including the approval of spot Ether ETFs and advancements on the technological front.
Source: cryptopotato.com
