In the past 24hrs $ETH has eclipsed BTC's Volume

Pretty rare & a good sign for alts

Some key metrics so far:

VMR = 0.34 (34% of ETH's MCap traded)

OI/MCap = 0.0433 (4.33% of ETH's MCap in notional OI)

OI/Volume = 0.1272 (every $1 in OI = $7+ in volume)

All indicate strong buy pressure & relatively low positioning float so far, not frothy & potentially a point of disbelief in the market when it comes to ETH

Very important point in the market for alts