@annango
The recent recovery in ETH appears to be underpinned by a shift in market behavior. Traders and investors are increasing their ETH exposure at a rapid pace.
ETH-to-BTC Spot Trading Volume Ratio Spike
The ETH-to-BTC spot trading volume ratio has spiked to 0.89, its highest since August 2024. This metric echoes a similar trend observed between 2019 and 2021, when ETH outperformed Bitcoin by a factor of four.
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