Ethereum holders are moving their coins at a rate three times faster than Bitcoin holders, according to a report by Glassnode. This trend highlights Ethereum's active role in smart contracts and decentralized finance (DeFi), contrasting with Bitcoin's primary use as a store of value. Despite one in four Ethereum coins being locked in staking or ETFs, the overall movement among long-term holders significantly surpasses that of Bitcoin.
Ethereum Holders Move Coins Three Times Faster Than Bitcoin Holders
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