Glassnode: Number of long-term Ethereum holders hits new high
On June 20th, Glassnode data shows that the number of long-term holders of Ethereum has reached a new high. The Ethereum HODL Waves chart shows a significant concentration of holders who have held Ethereum for 1 to 3 years, indicating that a large amount of Ethereum obtained during 2021-2022 is still being held. The 1-2 year and 2-3 year intervals reflect these holdings, which account for a large portion of the total supply. In addition, the proportion of Ethereum held for more than 7 years has increased, representing long-term holders who have experienced multiple market cycles.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin ETFs score highest net inflows in 30 days amid volatility from Mt. Gox unlocks
After two consecutive trading days of net outflows, US-based spot bitcoin ETFs on July 5 saw the largest net inflows since June 6, thirty days ago, largely led by gains to Fidelity’s FBTC fund, Coinglass data shows.“The outlook for Bitcoin has never been stronger,” Bitwise’s CEO posted on X.
![](https://img.bitgetimg.com/multiLang/image/social/54a91a646eacb842666b0034054c2f001720283439825.jpg)