Ethereum (ETH) might be gradually turning into a store of value based on the volume of the digital asset being held by long-term investors, CryptoSlate’s analysis of Glassnode data revealed.
With Ethereum down by more than 70% from its all-time high during the current market cycle, one would think that investors would massively dump the coin to recoup their funds.
However, Glassnode HODL waves data showed that long-term investors currently hold 80% of ETH supply, i.e., those holding the…
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