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Ethereum Surges in Kraken Wallets Australia

Australian Cryptocurrency Holdings: Bitcoin and Ethereum Preferences

  • Kraken’s analysis covers Australian clients’ holdings and trading from August 2024 to 2025.
  • Bitcoin is held by 36.70% of Australian users, with an average balance of $17,409 compared to $29,830 globally.
  • Ethereum comprises 33.17% of the average Australian user’s holdings.

The report highlights distinct differences in Bitcoin and Ethereum holdings between Australian users and global averages. Australians show a preference for Ethereum and niche tokens, as evidenced by the significant percentage of holdings.

Australian users have a lower average Bitcoin balance compared to global figures, indicating a potential shift towards other cryptocurrencies like Ethereum. (Source)

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