Ethereum (ETH) Diamond Hands Set New Record as ETH Price Reconquers $2,000

New record: 74% of Ethereum $ETH owned by long-term holders, glassnode shares statistics Ethereum

Experts of Glassnode, a leading on-chain analytical firm, noticed an interesting pattern in Ethereum's supply distribution. Six months after the FTX collapse, one crucial metric revisited historic highs. Speculators might not be as powerful as they seem to be.

On-chain wallets that belong to long-term holders of Ethereum are now responsible for 74% of its total available supply."Diamond hands" accumulated a whopping 14,350,000 Ethers , latest Glassnode data says.which have not been spent since are maturing to LTH status.

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