News list for " long-term holding"
According to Spot On Chain, an investor who held INJ for a long time and made a profit of $15 million sold 243,699 INJ ($7.39 million) to Bybit and CowSwap in the past 12 hours, triggering a 7.7% price drop. Notably, the whale amassed most of the tokens in the early days (February 2021 to July 2022), with an average price of around $10.92, and later sold them twice in 2023 and 2024 for around $35.90. This resulted in an estimated total profit of $15.21 million (2.3x return) over 3.5 years.
IntoTheBlock released a report pointing out that the data shows that long-term holders of Bitcoin started to sell off in January, but long-term holders of Ethereum are still accumulating. Currently 27.5% of the total supply of Ethereum market capitalization is in the state of staking, of which 16.3% of the staked ETH is re-staked through protocols such as Eigenlayer. This highlights the strong demand for native income from ETH holders. In addition, long-term holders may be waiting for Ethereum E...
