以太坊超越比特币，长期持有者比例达到 74.7%

加密货币市场见证了投资者长期持有行为的重大转变，特别是以太坊（ETH）和比特币（BTC）之间的转变。

Bitcoin (BTC) and Ethereum (ETH) are experiencing contrasting trends in terms of long-term holding behavior among cryptocurrency investors.

就加密货币投资者的长期持有行为而言，比特币（BTC）和以太坊（ETH）正经历着截然不同的趋势。

According to data, a growing percentage of Ethereum addresses are being classified as long-term holders, while the same metric for Bitcoin is decreasing.

数据显示，越来越多的以太坊地址被归类为长期持有者，而比特币的同一指标正在下降。

As of January 2025, statistics indicate that nearly 74.7% of Ethereum addresses belong to long-term holders, a significant increase from earlier in the year when this figure was around 59%.

截至 2025 年 1 月，统计数据显示，近 74.7% 的以太坊地址属于长期持有者，较今年早些时候的 59% 左右大幅增加。

In contrast, Bitcoin's long-term holder ratio has decreased from approximately 70% to just over 60% during the same period.

相比之下，同期比特币的长期持有者比例从约 70% 下降至略高于 60%。

This shift in long-term holding behavior is an interesting development within the cryptocurrency market. It highlights how investors' strategies and preferences are evolving, and how these changes can impact the market dynamics and price movements of different cryptocurrencies.

这种长期持有行为的转变是加密货币市场中一个有趣的发展。它强调了投资者的策略和偏好如何演变，以及这些变化如何影响不同加密货币的市场动态和价格走势。

Several factors may be contributing to this trend and influencing investors' decisions regarding long-term holding strategies for Ethereum:

有几个因素可能导致这一趋势并影响投资者对以太坊长期持有策略的决定：

- Market Confidence: The growing percentage of long-term holders for Ethereum could be attributed to a broader confidence in the asset's trajectory and its potential for future growth. This sentiment may be bolstered by recent developments within the Ethereum ecosystem, such as upgrades, enhancements and upcoming events that are widely anticipated to improve its functionality, scalability and overall performance.

- 市场信心：以太坊长期持有者比例的不断增长可能归因于对该资产的轨迹及其未来增长潜力的更广泛信心。以太坊生态系统内的最新发展可能会增强这种情绪，例如升级、增强和即将举行的活动，人们普遍预计这些活动将改善其功能、可扩展性和整体性能。

- Staking Incentives: The introduction of staking mechanisms, such as those available with ETH, allows holders to earn rewards by locking up their assets for longer durations. This not only encourages retention but also contributes to a more stable price environment by reducing the selling pressure on the market.

- 质押激励：质押机制的引入（例如 ETH 提供的机制）允许持有者通过更长时间锁定资产来获得奖励。这不仅鼓励保留，而且还通过减少市场的抛售压力，有助于形成更稳定的价格环境。

- Price Volatility and Market Dynamics: While Bitcoin has experienced significant price fluctuations, including a recent drop below $92,000 before rebounding slightly above $94,000, Ethereum appears to be following a more positive trajectory. Analysts suggest that if ETH dips towards key support levels (e.g., around $2,800), it could serve as a launchpad for further price increases toward targets like $6,000.

- 价格波动和市场动态：虽然比特币经历了显着的价格波动，包括​​最近跌破 92,000 美元，然后反弹至略高于 94,000 美元，但以太坊似乎正在遵循更积极的轨迹。分析师表示，如果 ETH 跌向关键支撑位（例如 2,800 美元左右），它可能会成为价格进一步上涨至 6,000 美元等目标的跳板。

- Comparative Analysis: Historically, Bitcoin has been viewed as the primary cryptocurrency for long-term investment, due to its first-mover advantage and role as a store of value. However, these shifting trends highlight how Ethereum is currently outpacing Bitcoin in terms of long-term holder ratios, signaling a potential shift in investor sentiment and market positioning between these two leading cryptocurrencies.

- 比较分析：从历史上看，比特币因其先发优势和价值储存的作用，一直被视为长期投资的主要加密货币。然而，这些变化趋势凸显了以太坊目前在长期持有者比率方面如何超越比特币，这表明投资者情绪和这两种领先加密货币之间的市场定位可能发生转变。