According to IntoTheBlock, Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and Shiba Inu (SHIB) have emerged as the cryptocurrencies with the longest average holding periods, a sign of strong investor confidence.
Bitcoin tops the list with an average hold time of four years and four months, demonstrating the steadfastness of BTC investors.
Ethereum, along with meme coins Dogecoin and Shiba Inu, follows closely with an average holding time of two years and four months each, highlighting the surprising long-term commitment to even the most speculative assets.
Other notable cryptocurrencies making the top ten include Chainlink (LINK), Toncoin (TON), Tron (TRX), Cardano (ADA), Tether (USDT), and Avalanche (AVAX), with average holding times ranging from eight months to nearly two years.
Long-term Bitcoin investors have fared well, with over 95% of BTC holders in profit. Dogecoin holders also saw substantial gains, with nearly 79% of addresses “in the money.”
Shiba Inu holders, though newer to the scene, show remarkable patience with an average hold time matching Ethereum’s, though only about 52% of SHIB holders are currently profitable. Despite the mixed results, these holding patterns reflect a significant level of trust in these top digital assets.
XRP is drawing growing attention from traders as it hovers just below a major psychological and technical level: the $3 mark. At the time of writing,
Altcoins are being pulled off the world’s largest exchange in droves, signaling a wave of institutional accumulation and long-term holding, according to new data from CryptoQuant.
Galaxy Digital CEO Mike Novogratz reignited a long-running feud with economist and gold advocate Peter Schiff after the latter criticized Биткойн yet again.
Gold advocate Peter Schiff issued a stark warning on monetary policy and sparked fresh debate about Bitcoin’s perceived scarcity. In a pair of high-profile posts on July 12, Schiff criticized the current Fed rate stance and challenged the logic behind Bitcoin’s 21 million supply cap.