#ethup70%inq3butliquidityfalls Price and liquidity don’t always move together. In the third quarter of 2026, Ether proved that point clearly. While ETH surged almost 70%, the depth of buy and sell orders near the current price actually declined compared to last year. Traders who only watched the percentage gains may have missed the quieter story happening in the order books.$ETH $PHA $MOVR