Ethereum Hodlers Hold Record Amount of ETH

Ethereum ‘hodlers’ possess a record 100.87 million ETH.

Ethereum ‘hodlers’ – investors holding ETH for one year or longer – possess a record 100.87 million ETH, according to data from IntoTheBlock. Meanwhile, the amount held by short-term traders has declined to the lowest level since 2016. Also, the balance held by ‘cruisers’ – those who hold crypto for weeks or months – is maintaining close to multi-year lows.

Historical data show that hodlers tend to reduce their holdings late into bull cycles. The current record number might be the result of the bull cycle that took off in the last quarter of 2024. Ethereum has been correcting since its $4,000 level in mid-March. A visible decline in the hodlers’ balances would suggest that the pullback marks the end of the bull cycle, but this is not happening yet.

Interestingly, the number of Ethereum addresses holding between 0.01 ETH and 0.1 ETH (~$31 and $310) are at a record high, totaling 20.8 million.

The number of addresses holding less than 0.01 ETH (under $31) has increased by about 10% since the start of the year to a record 93.2 million.

Data from IntoTheBlock shows that more than 80% of all addresses have experienced a positive return since adding ETH, and only 10% of them have acquired ETH at a higher price than the current one. The largest portion of the profitable addresses, about 29.5 million of them, purchased ETH at an average price of $250.

The number of profitable addresses shares a direct relationship with the Ethereum price, and it reaches 100% when ETH reaches a new record.

Earlier this year, Ethereum failed to replicate Bitcoin’s achievement of reaching a new all-time high. The second-largest cryptocurrency by market cap hit a record peak in November 2021 at $4,878.  

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