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Ethereum ‘hodlers’ – investors holding ETH for one year or longer – possess a record 100.87 million ETH – Meanwhile, the amount held by short-term traders has declined to the lowest level since 2016.

by SB Crypto Guru News
May 19, 2024
in Ethereum
Reading Time: 1 min read
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Ethereum ‘hodlers’ – investors holding ETH for one year or longer – possess a record 100.87 million ETH – Meanwhile, the amount held by short-term traders has declined to the lowest level since 2016.

The number of Ethereum addresses holding between 0.01 ETH and 0.1 ETH (~$31 and $310) are at a record high, totaling 20.8 million.

  • The number of addresses holding less than 0.01 ETH (under $31) has increased by about 10% since the start of the year to a record 93.2 million.
  • Data from IntoTheBlock shows that more than 80% of all addresses have experienced a positive return since adding ETH, and only 10% of them have acquired ETH at a higher price than the current one.

https://preview.redd.it/wlc537tnbc1d1.png?width=1024&format=png&auto=webp&s=4ae848d6d362a55ee411a1dfb3fe2ea9ad850990

OC: https://www.nftgators.com/ethereum-hodlers-hold-record-amount-of-eth/

submitted by /u/TooShortGiraffe
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Tags: AmountBitcoin NewsCrypto NewsCrypto UpdatesDeclinedETHethereumHeldHODLersHoldingInvestorsLatest News on CryptoLevellongerLowestMillionpossessrecordSB Crypto Guru NewsShortTermTradersyear
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