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Ethereum Investors Optimistic for 2025: ETH Rises While This Ratio Drops in Bitcoin - Coin Bulletin
During 2024, the number of long-term Ethereum (ETH) holders steadily increased, while the number of Bitcoin (BTC) holders decreased over the same period. Please provide the text to be translated. Increasing confidence in Ethereum has become a notable trend in the cryptocurrency market as the new year begins. Please provide the text to be translated. In a sharing made by the blockchain data platform IntoTheBlock, it was stated that the percentage of long-term ETH investors reached 75% by the end of the year, while it was 59% at the beginning of the year. This situation shows that Ethereum has gained increasing confidence among long-term investors. Please provide the text to be translated. On the other hand, the proportion of long-term Bitcoin investors decreased from 70% to 62% during the same period. IntoTheBlock defines long-term investors as those who hold an asset for more than a year. According to the data, as of December 30, the proportion of long-term Bitcoin investors was 62.3%, while for Ethereum it reached 75.1%. Please provide the text to be translated.
Ethereum investors are hopeful for the new year
Please provide the text to be translated. The long-term ownership ratio is considered as one of the many indicators used to measure market sentiment. However, this continuous increase in Ethereum also indicates growing confidence in ETH among investors as we enter 2025. Please provide the text to be translated. Ethereum showed weaker performance compared to many other altcoins this year. However, some believe that this will change in 2025. Bitwise investment director Matt Hougan believes that 2025 will be a "comeback year" for Ethereum due to three trends.