Data: 78% of ETH is held by long-term holders, Bitcoin miners have sold over 30,000 BTC since June

ChainCatcher news, IntoTheBlock released the Q2 market report, showing that BTC and ETH fell by 12.8% and 3.1% respectively.

The number of BTC held by long-term investors has decreased, with holders' balances dropping by 160,000 BTC (approximately $1 billion) in May and by 40,000 BTC in June.

Since June, Bitcoin miners have sold over 30,000 BTC (approximately $2 billion). Currently, 78% of ETH is held by long-term holders. L2 transaction volume has grown fourfold, with the top three L2 networks (Arbitrum, Base, and Optimism) seeing their transaction volume quadruple over the year.