Data Says HODL! People Are Trading Ether More, Bitcoin Less

Ether (ETH) is trading at its highest since before the March coronavirus crash, but data suggests that investors have little interest in holding the second-largest cryptocurrency by market capitalization.

Uploading findings using on-chain monitoring resource Glassnode on July 10, one trader noticed that Ether exchange balances remain high, while Bitcoin (BTC) balances have dropped considerably.

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  • bitcoinBitcoin (BTC) $ 62,558.00 2.28%
  • ethereumEthereum (ETH) $ 2,445.00 3.52%
  • binance-coinBinance Coin (BNB) $ 552.78 3.73%
  • xrpXRP (XRP) $ 1.72 5.76%
  • cardanoCardano (ADA) $ 1.47 0.41%
  • tetherTether (USDT) $ 1.00 0.01%
  • polkadotPolkadot (DOT) $ 41.97 1.83%
  • uniswapUniswap (UNI) $ 37.14 5.68%
  • litecoinLitecoin (LTC) $ 271.69 0.34%
  • chainlinkChainlink (LINK) $ 41.12 12.33%
  • dogecoinDogecoin (DOGE) $ 0.130117 0.99%
  • bitcoin-cashBitcoin Cash (BCH) $ 814.58 2.02%
  • stellarStellar (XLM) $ 0.626934 1.73%
  • vechainVeChain (VET) $ 0.186488 8.7%
  • theta-tokenTheta Network (THETA) $ 12.01 2.05%
  • usd-coinUSD Coin (USDC) $ 0.999043 0.63%
  • filecoinFilecoin (FIL) $ 169.20 2.58%
  • tronTRON (TRX) $ 0.149501 3.2%
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 62,544.00 2.21%
  • klay-tokenKlaytn (KLAY) $ 3.02 3.03%
  • solanaSolana (SOL) $ 26.62 1.76%
  • eosEOS (EOS) $ 7.48 2.65%
  • cosmosCosmos (ATOM) $ 27.13 11.44%
  • crypto-com-chainCrypto.com Coin (CRO) $ 0.247310 0.4%
  • bitcoin-svBitcoin SV (BSV) $ 324.31 8.06%
  • compound-ethercETH (CETH) $ 49.00 3.93%
  • terra-lunaTerra (LUNA) $ 15.74 2.16%
  • iotaIOTA (MIOTA) $ 2.10 1.08%
  • moneroMonero (XMR) $ 325.73 0.77%
  • bittorrent-2BitTorrent (BTT) $ 0.008590 5.7%
  • okbOKB (OKB) $ 20.41 3.26%
  • aaveAave (AAVE) $ 436.36 9.45%
  • binance-usdBinance USD (BUSD) $ 0.998934 0.46%
  • tezosTezos (XTZ) $ 6.49 2.3%
  • ftx-tokenFTX Token (FTT) $ 56.13 0.05%
  • avalanche-2Avalanche (AVAX) $ 37.33 6.64%
  • neoNEO (NEO) $ 67.73 0.48%
  • kusamaKusama (KSM) $ 465.24 1.19%
  • algorandAlgorand (ALGO) $ 1.49 0.78%
  • compound-usd-coincUSDC (CUSDC) $ 0.021904 0.62%
  • elrond-erd-2Elrond (EGLD) $ 228.94 0.19%
  • nemNEM (XEM) $ 0.435131 0.72%
  • huobi-tokenHuobi Token (HT) $ 20.66 0.95%
  • thorchainTHORChain (RUNE) $ 15.59 7.33%
  • holotokenHolo (HOT) $ 0.020551 12.95%
  • cdaicDAI (CDAI) $ 0.021364 0.08%
  • pancakeswap-tokenPancakeSwap (CAKE) $ 23.94 0.38%
  • daiDai (DAI) $ 1.00 0.26%
  • dashDash (DASH) $ 307.76 0.37%
  • havvenSynthetix Network Token (SNX) $ 20.36 3.59%
  • hedera-hashgraphHedera Hashgraph (HBAR) $ 0.380954 0.74%
  • ethereum-classicEthereum Classic (ETC) $ 22.93 5.81%
  • chilizChiliz (CHZ) $ 0.526845 7.33%
  • enjincoinEnjin Coin (ENJ) $ 3.00 2.73%
  • zcashZcash (ZEC) $ 247.93 8.73%
  • makerMaker (MKR) $ 3,014.11 15.5%
  • blockstackStacks (STX) $ 2.58 9.58%
  • compound-governance-tokenCompound (COMP) $ 527.94 10.76%
  • celsius-degree-tokenCelsius Network (CEL) $ 6.91 5.57%
  • decredDecred (DCR) $ 203.37 1.08%
  • sushiSushi (SUSHI) $ 17.52 5.35%
  • zilliqaZilliqa (ZIL) $ 0.207331 3.51%
  • the-graphThe Graph (GRT) $ 1.99 0.86%
  • nearNear (NEAR) $ 6.45 1.81%
  • basic-attention-tokenBasic Attention Token (BAT) $ 1.50 2.19%
  • matic-networkPolygon (MATIC) $ 0.407258 0.78%
  • nexoNEXO (NEXO) $ 3.75 11.63%
  • leo-tokenLEO Token (LEO) $ 2.18 2%
  • bitcoin-goldBitcoin Gold (BTG) $ 105.76 1.44%
  • ravencoinRavencoin (RVN) $ 0.215360 6.39%
  • yearn-financeyearn.finance (YFI) $ 49,916.00 12.28%
  • terrausdTerraUSD (UST) $ 0.998558 0.88%
  • huobi-btcHuobi BTC (HBTC) $ 62,597.00 1.98%
  • wazirxWazirX (WRX) $ 3.95 15.63%
  • 0x0x (ZRX) $ 2.17 0.32%
  • umaUMA (UMA) $ 27.41 4.44%
  • fei-protocolFei Protocol (FEI) $ 0.806457 1.86%
  • qtumQtum (QTUM) $ 15.43 2.13%
  • wavesWaves (WAVES) $ 15.79 3.76%
  • ontologyOntology (ONT) $ 1.93 1.01%
  • iconICON (ICX) $ 2.55 2.45%
  • siacoinSiacoin (SC) $ 0.031838 6.62%
  • xdce-crowd-saleXDC Network (XDC) $ 0.121480 31.91%
  • digibyteDigiByte (DGB) $ 0.102060 13.5%
  • iostokenIOST (IOST) $ 0.076843 7.69%
  • decentralandDecentraland (MANA) $ 1.09 1.85%
  • harmonyHarmony (ONE) $ 0.152025 4.26%
  • amp-tokenAmp (AMP) $ 0.038958 7.14%
  • ecomiECOMI (OMI) $ 0.008263 11.65%
  • bancorBancor Network Token (BNT) $ 7.67 6.62%
  • flowFlow (FLOW) $ 37.27 2.43%
  • kucoin-sharesKuCoin Token (KCS) $ 16.47 3.38%
  • omisegoOMG Network (OMG) $ 9.27 1.82%
  • winkWINk (WIN) $ 0.001656 12.36%
  • heliumHelium (HNT) $ 15.00 3.46%
  • reserve-rights-tokenReserve Rights Token (RSR) $ 0.089129 6.25%
  • dentDent (DENT) $ 0.012352 7.77%
  • ankrAnkr (ANKR) $ 0.163895 0.05%
  • arweaveArweave (AR) $ 26.03 0.84%
  • swissborgSwissBorg (CHSB) $ 1.14 21.22%
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