Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
For the first time in over a year, Ethereum has overtaken Bitcoin in spot trading volume, signaling a potential shift in investor sentiment. According to CryptoQuant, ETH recorded $25.7 billion in spot volume last week, surpassing Bitcoin’s $24.4 billion. The ETH/BTC volume ratio broke above 1 for the first time since June 2024, as traders increasingly rotate funds into Ethereum and various altcoins. Seven newly created wallets have recently accumulated 466,253 ETH ($1.7B), including 40,591 ETH ($148M) added just today, as per Lookonchain data.
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