Glassnode: Number of long-term Ethereum holders hits new high

On June 20th, Glassnode data shows that the number of long-term holders of Ethereum has reached a new high. The Ethereum HODL Waves chart shows a significant concentration of holders who have held Ethereum for 1 to 3 years, indicating that a large amount of Ethereum obtained during 2021-2022 is still being held. The 1-2 year and 2-3 year intervals reflect these holdings, which account for a large portion of the total supply. In addition, the proportion of Ethereum held for more than 7 years has increased, representing long-term holders who have experienced multiple market cycles.