The Ethereum HODL Wave chart illustrates Ethereum holdings over different time periods, showing changing trends among investors.
The chart shows the remarkable degree of centralization Ethereum is held within one to three years, signaling that a significant amount of Ethereum purchased during 2021-2022 is still being held.
Holding periods of 1-2 years and 2-3 years account for a significant portion of the total supply.
The decline in Ethereum holdings under six months further support for this trend.
In contrast, Ethereum rates are holding for more than 7 years has increased, representing long-term holders who have weathered multiple market cycles.
Overall, the HODL Waves chart provides valuable insights into Ethereum’s market trends, showing that investors are increasingly holding for the long term despite a sharp market decline.
Ethereum is set to rally as regulatory concerns ease