**๐ Updated Latest News: Ethereumโs Long-Idle ETH Reactivates โ Shift From Store-of-Value to Working Asset**
New on-chain data suggests that Ethereum is seeing a significant **reactivation of long-dormant ETH**. The share of ETH held for **โฅ1 year** has dropped from roughly **55.7% to ~51.7%**, with most of that change occurring in the **past 3-6 months**. This indicates that a growing portion of long-idle ETH is being moved again, potentially for use in DeFi rather than staying locked up as a store-of-value.
Analysts interpret this trend as a sign that ETH is functioning **more as a working asset** in DeFi and less like a pure โstore of valueโ (SoV) โ especially when compared to Bitcoin. Rather than long-term holders simply HODLing, many are now activating their ETH, possibly to deploy in yield strategies, staking, or other decentralized finance use cases.
