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@nasimnademi
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Ethereum overtakes Bitcoin as long-term holder ratio reaches 74.7%
According to data from IntoTheBlock, the proportion of long-term Ethereum (ETH) holders has surpassed Bitcoin (BTC), which is at 62%, increasing from 59% at the beginning of the year to 74.7% at the end of 2024.
This trend, which indicates investor confidence in the future of Ethereum, is likely to continue until it reaches the previous historical high.
At the same time, analyst Ali Martinez notes that Ethereum is moving in a parallel ascending channel and is likely to experience a significant rise to $6,000 after correcting to the $2,800 support level.
Meanwhile, Bitcoin is showing signs of weakness as funding rates drop after hitting resistance at $108,000. 0 reply
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