The distribution of Ethereum holdings over various time periods was highlighted in a recent report, indicating shifting trends in investor behavior. The report revealed a concentration of Ethereum held for one to three years, suggesting a significant amount of Ethereum acquired during the 2021-2022 period is still being held. The 1-2 year and 2-3 year bands make up a substantial portion of the overall supply.
This pattern of holding indicates a confidence in Ethereum’s long-term value, with investors choosing to retain their holdings rather than sell in response to market fluctuations. The decline in the proportion of Ethereum held for less than six months supports this trend.
On the other hand, the proportion of Ethereum held for more than seven years has increased, indicating the presence of long-term holders who have experienced multiple market cycles. This stability among long-term holders demonstrates a strong belief in Ethereum’s foundational value and potential for future growth.
Overall, the report provides valuable insights into Ethereum’s market trends, showing an investor base that is increasingly committed to long-term holding strategies amidst evolving market conditions.
