Derived from Coinomedia, a blockchain analytics report by Glassnode reveals that Bitcoin and Ethereum are exhibiting contrasting on-chain behaviors. 61% of Bitcoin’s supply has remained unmoved for over a year, reflecting strong long-term holding tendencies. In contrast, Ethereum long-term holders are spending their coins three times faster, suggesting more active usage in DeFi, staking, and other on-chain activities. The report highlights how BTC is increasingly seen as a store of value, while ETH functions more as a transactional asset within its ecosystem.
BTC and ETH Show Diverging Holder Behavior, Per Glassnode
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