In This Area, Ethereum Outperformed Bitcoin in 2024

In 2024, Ethereum outperformed Bitcoin—at least when it comes to the number of long-term holders, which steadily increased for ETH while Bitcoin saw a noticeable decline. According to analysts at Cointelegraph, this trend could signal growing confidence in Ethereum. But is it really trust, or just a case of “I’ll wait until the price pops”? 🤔📊

This chart shows the percentage of long-term Bitcoin and Ether holders over the past year.

While the share of long-term Bitcoin decreased, the percentage of long-term ETH holders climbed, surpassing that of Bitcoin early in the year. pic.twitter.com/F7ghaSq66T

— IntoTheBlock (@intotheblock) December 29, 2024

Ethereum Outperformed Bitcoin—But Hold On, It’s Not That Simple 🧐

Before we break out the “Ethereum to the moon” banners, let’s consider two key points:

1️⃣ The term “long-term holder” refers to someone who holds their Ether or Bitcoin for at least 155 days. That’s not exactly diamond hands forever—it’s more like a semester at college. 🎓📆

2️⃣ Data shows that investors in both Bitcoin and Ethereum tend to sell after achieving a 200% profit. When that golden profit mark hits, the sell button starts looking shinier than a fresh NFT mint. 💸🖱️

So why has Ethereum outperformed Bitcoin in long-term holding numbers? Simple: Bitcoin has already delivered massive gains, while Ethereum is still stuck in the waiting room, hoping its number gets called soon. ETH holders aren’t necessarily more confident—they’re just still holding their ticket. 🎟️⏳

In short, Ethereum outperformed Bitcoin in long-term holder stats not because of unwavering belief, but because the big payday hasn’t arrived yet.

Bitcoin’s $200K Dream: Analyst Gert van Lagen Weighs In 📈🔮

Meanwhile, Bitcoin isn’t done yet. Despite dropping from its all-time high of $108,000, analyst Gert van Lagen boldly predicts that Bitcoin will soon surpass $200,000.

At the same time, Van Lagen is also warning of a global recession within 2.5 months. Where, when, and how? Well, he’s keeping that part vague—like a fortune cookie that says, “Big change is coming.” 🍪🌍

$BTC [1W] – Bitcoin is blowing off as expected with Long-term holders reaching Euphoria.

The gravity of the Re-accumulation pattern has proven to be transcended.

With an estimated 2.5 months before a recession begins to take hold, $BTC is on track to surpass $200k soon. pic.twitter.com/qMGFvnWxbU

— Gert van Lagen (@GertvanLagen) December 16, 2024

Current data suggests Europe or China might be the weak links, while the U.S. economy seems to still have some fight left.

Ethereum Outperformed Bitcoin—But the Game Isn’t Over 🏁🕹️

So, has Ethereum truly outperformed Bitcoin in terms of trust? Probably not. It’s less about “I believe in Ethereum forever” and more about “I’m still waiting for my 200% profit.”

At the end of the day:

• Ethereum holders are patient waiters. 🕰️
• Bitcoin holders are reloading for the next moonshot. 🚀

The scoreboard might show that Ethereum outperformed Bitcoin in holding trends, but the real battle is far from over. 🐂🎯