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.
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