On-chain data shows Ethereum investors with a holding time greater than three years have ramped up their selling to levels not seen since 2021.

Seasoned Ethereum Holders Are Increasing Their Distribution

As explained by on-chain analytics firm Glassnode in a new post on X, the 3 to 10 years old Ethereum holders have notably raised their spending recently. These investors belong to a broader group known as the long-term holder (LTH) cohort, which has a holding time cutoff of 155 days.

Statistically, the longer an investor holds onto their coins, the less likely they become to sell them at any point. As such, the LTHs as a whole can be considered diamond hands.

Since the 3 to 10 years old ETH investors would be old even by the standard of the LTHs, they may be assumed to include the

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