
Ethereum Long-Term Holders Increase to 75% in 2024, Bitcoin Numbers Decline
A recent analysis has revealed a significant shift in the cryptocurrency market’s investor behavior. The data shows that Ethereum long-term holders have increased to an astonishing 75% by the end of 2024, while the number of such investors for Bitcoin declined.
This dramatic change underscores the growing confidence in Ethereum as a store of value and investment vehicle. In contrast, Bitcoin, once considered the gold standard of cryptocurrencies, has seen its long-term holder base dwindle. This is largely attributed to market volatility and fluctuations in price.
It’s worth noting that Ethereum’s growth as a preferred asset can be linked to the rise of institutional interest. In December, net inflows into ETH-based exchange-traded funds (ETFs) doubled, reaching $2.1 billion. This increased investment indicates a growing recognition of the potential benefits offered by Ethereum.
The data also highlights the importance of regulatory clarity in driving investor confidence. Experts believe that 2025 could be a pivotal year for Ethereum due to regulatory changes led by the Commodity Futures Trading Commission (CFTC) and a restructuring of the Securities and Exchange Commission’s (SEC) approach. These developments have the potential to create new investment opportunities, further solidifying Ethereum’s position as an attractive asset.
In conclusion, the rise of long-term Ethereum holders underscores its growing appeal among institutional investors and individual users alike.
Source: crypto-economy.com