The on-chain analytics platform IntoTheBlock has shared a chart showing the long-term holder ratios for Ethereum and Bitcoin. According to the chart, 74.7% of Ethereum addresses are long-term holders, surpassing Bitcoin. This reflects a shift in Ethereum's investor base towards long-term holding rather than short-term speculation, potentially due to factors such as staking and the growth of DeFi, NFTs, and smart contracts on the Ethereum network. However, the report suggests that this trend could shift if Ethereum approaches its previous all-time high, as investors often take profits at significant milestones. At the time of writing, Ethereum's price is down amid a sell-off in the crypto market.



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