ETH outshines BTC
An in-depth analysis by AMBCrypto revealed that the percentage of ETH holders who kept their assets for over a year rose from 59% in January 2024 to 75% by December 2024, according to IntoTheBlock data.
This contrasted sharply with Bitcoin, where the proportion of long-term holders declined from 70% to 62.3% over the same period.
Source: IntoTheBlock
The growing retention rate for Ethereum suggested heightened confidence among investors, driven by expectations of future network upgrades and broader utility.
Meanwhile, Bitcoin’s decline in long-term holders may reflect profit-taking or diversification strategies, indicating a potential shift in market sentiment as investors prioritize ETH heading into 2025.
Fear and Greed Index drops to two-month low
Notably, losing HODLers wasn’t the only problem the king coin was facing. It’s Crypto Fear and Greed Index fell to 64 on the 31st of December, marking the lowest level since the 15th of October.
This decline reflected waning market optimism as Bitcoin tumbled over 12% in the past two weeks to trade near $93,000.
Source: Binance Square
After peaking at 94 in November—driven by excitement surrounding pro-crypto U.S. election results, the index remained above 70 for much of December before the recent pullback. The drop signaled a shift from extreme greed to a more cautious sentiment among investors.
While greed still dominated, the decline highlighted heightened concerns about short-term market volatility as
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Author: Samantha LKM
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