$ETH Has Surpassed $BTC !
While reviewing liquidation data, something I hadn’t seen in a very long time caught my attention. For the first time in a long while, #Ethereum surpassed #Bitcoin in terms of liquidation volume.
Of course, this surge is only on an hourly basis; when looking at the daily chart, Bitcoin is still higher. However, this was a new development I hadn’t seen in this data, which I check every hour.
What does this tell us? Interest in Ethereum is actually continuing to grow. While Bitcoin is trading sideways, capital is shifting away from Bitcoin and toward altcoins.
I believe this is also the reason behind the aggressive rally we’ve seen in this latest surge.
Do you think Ethereum will remain in first place?
While reviewing liquidation data, something I hadn’t seen in a very long time caught my attention. For the first time in a long while, #Ethereum surpassed #Bitcoin in terms of liquidation volume.
Of course, this surge is only on an hourly basis; when looking at the daily chart, Bitcoin is still higher. However, this was a new development I hadn’t seen in this data, which I check every hour.
What does this tell us? Interest in Ethereum is actually continuing to grow. While Bitcoin is trading sideways, capital is shifting away from Bitcoin and toward altcoins.
I believe this is also the reason behind the aggressive rally we’ve seen in this latest surge.
Do you think Ethereum will remain in first place?
