According to market intelligence platform IntoTheBlock, Bitcoin (BTC), Dogecoin (DOGE), Shiba Inu (SHIB), and Ethereum (ETH) emerged as the coins with the longest holding periods. This is important because it shows that crypto investors have the most confidence in these coins.
Bitcoin, Dogecoin and Shiba Inu top the list during HODL period
In a post by This chart shows that Bitcoin ranks #1 with an average HODL time of 4 years and 4 months by BTC investors.
Average HODL time for Bitcoin, Dogecoin, Shiba Inu, and Ethereum
Ethereum is in second place with an average HODL time of 2 years and 4 months. Interestingly, the top meme coins Dogecoin and Shiba Inu are on par with Ethereum as they have an average HODL time of 2 years and 4 months.
Chainlink (LINK), Toncoin (TON), Tron (TRX), Cardano (ADA), Tether (USDT), and Avalanche (AVAX) dominate the top 10 list. Cryptocurrency investors hold Chainlink and Toncoin for an average of 1 year and 9 months, Ton and Cardano for an average of 1 year and 2 months, and Tether and Avalanche for an average HODL time of 8 months and 7 months.
How did the owner survive?
IntoTheBlock’s data shows that betting on Bitcoin is paying off for those who have held it for this long. All BTC holders are currently either in the money or at the money. Specifically, 95.19% of these holders are currently in the money and 4.81% are at the money.
With Bitcoin prices currently near the highs of the 2021 bull market, investors who have held the leading cryptocurrency for an average of 4 years and 4 months are most likely to be in the money. .
Bitcoin money transfer
In the case of Dogecoin, 78.92% (4.999 million) of DOGE addresses are currently in the money, while 18.38% and 2.70% of these holders are out of and at the money, respectively. DOGE investors who are currently making profits bought Memecoin while Dogecoin price was below $0.11.
Inflow and outflow of Dogecoin money
Considering that Meme Coin was launched in 2021 and already has an average HODL time of 2 years and 4 months, Shiba Inu holders can be called real “diamond hands”. This shows that most investors who bought Memecoin around the time it was launched are still holding on to the coin.
However, the faith of these Shiba Inu owners has not completely paid off, as only 52.41% of SHIB addresses (588,810) are profitable. Meanwhile, 43.41% and 4.18% of these SHIB addresses have no money, respectively.
Shiba Inu money coming in and going out
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Boluwatife Adeyemi
Boluwatife Adeyemi is an experienced cryptocurrency news writer and editor who has covered topics spanning DeFi, NFTs, smart contracts, blockchain interoperability, and more, among others. Boluwatife has a knack for simplifying the most technical concepts and making them easier for crypto beginners to understand. Outside of writing, he is an avid basketball fan and part-time enthusiast.
Disclaimer: The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.
