{"id":23605,"date":"2026-03-11T08:31:26","date_gmt":"2026-03-11T08:31:26","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ethereum-has-3x-more-holders-than-bitcoin-as-traders-eye-2k-discount-zone\/"},"modified":"2026-03-11T08:31:30","modified_gmt":"2026-03-11T08:31:30","slug":"ethereum-has-3x-more-holders-than-bitcoin-as-traders-eye-2k-discount-zone","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ethereum-has-3x-more-holders-than-bitcoin-as-traders-eye-2k-discount-zone\/","title":{"rendered":"Ethereum has 3x more holders than Bitcoin as traders eye $2K \u2018discount zone\u2019"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Data from on-chain analytics firm Santiment shows that Ethereum now has more than three times the number of holders as Bitcoin, showing the network\u2019s broader adoption even as traders closely monitor ETH\u2019s price.<\/p>\n<div id=\"cn-block-summary-block_4b2a5b43ac192ecdb46edf82f16a9d54\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Santiment data shows Ethereum has over 182 million non-empty wallets, compared with roughly 58 million Bitcoin wallets, giving ETH more than three times as many holders.<\/li>\n<li>Ethereum surpassed Bitcoin in total holder count in 2019 and has continued expanding its lead, reflecting broader usage across DeFi, NFTs, stablecoins and on-chain applications.<\/li>\n<li>Some analysts say Ethereum is entering a \u201cdiscount zone\u201d near $2,000, with traders watching whether the level holds as a potential launchpad for a new rally.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<h2 class=\"wp-block-heading\">Ethereum holders now triple Bitcoin\u2019s, Santiment data shows<\/h2>\n<p>According to Santiment\u2019s latest <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/santimentfeed\/status\/2031600261647442406\" target=\"_blank\" rel=\"nofollow\">data<\/a>, Ethereum (ETH) currently has around 182.7 million non-empty wallets, compared with roughly 58.5 million Bitcoin (BTC) wallets. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The data indicates that Ethereum has maintained a significant lead in wallet holders since February 2019, when the network first surpassed Bitcoin in total addresses with balances.<\/p>\n<figure class=\"wp-block-image size-full\"><\/figure>\n<p>The gap has continued to widen in the years since, reflecting Ethereum\u2019s role as the backbone for decentralized finance, stablecoins, NFTs and other blockchain applications that often require multiple wallet interactions. <\/p>\n<p>Bitcoin, by contrast, is primarily used as a store of value, which typically results in fewer active addresses relative to its market size.<\/p>\n<p>Despite the strong adoption metrics, Ethereum\u2019s price has shown modest weakness in recent trading. ETH was trading at around $2,023 at the time of writing, down roughly 1.1% over the past 24 hours, as the broader crypto market consolidates.<\/p>\n<p>Some traders believe the current price range could represent a critical accumulation zone. Crypto analyst Merlijn The Trader <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/MerlijnTrader\/status\/2031037301065748589\" target=\"_blank\" rel=\"nofollow\">suggested<\/a> that Ethereum is entering a \u201cdiscount zone\u201d similar to the structure that preceded its 2023 rally.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">ETHEREUM IS BACK IN THE DISCOUNT ZONE.<\/p>\n<p>Same level that launched the 2023 rally. <br \/>Same structure. Same cycle position.<\/p>\n<p>$2K is the line.<\/p>\n<p>Hold it: wave 3 begins. <br \/>Lose it: discount zone extends lower.<\/p>\n<p>Last time <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$ETH<\/a> was here, it 4x&#8217;d. <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/07XLcIuhSH\">pic.twitter.com\/07XLcIuhSH<\/a><\/p>\n<p>\u2014 Merlijn The Trader (@MerlijnTrader) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/MerlijnTrader\/status\/2031037301065748589?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">March 9, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>According to the analyst, the $2,000 level is the key threshold to watch. Holding above that mark could potentially trigger the next major bullish wave for ETH, while a breakdown below it could extend the current correction.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data from on-chain analytics firm Santiment shows that Ethereum now has more than three times the number of holders as Bitcoin, showing the network\u2019s broader adoption even as traders closely&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11831,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23605","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23605","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=23605"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23605\/revisions"}],"predecessor-version":[{"id":23606,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23605\/revisions\/23606"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11831"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=23605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=23605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=23605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}