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Here Are the Top Cryptocurrencies Investors Hold the Longest

Here Are the Top Cryptocurrencies Investors Hold the Longest

Cryptodnes2024/10/26 00:00
By: Cryptodnes
BTC+0.08%SHIB+5.75%DOGE+7.70%

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.

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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.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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