ChainCatcher's latest news reveals a significant difference in market performance between Bitcoin and Ethereum. According to glassnode data, since the FTX collapse in November 2022, Bitcoin's realized market cap has grown by $468 billion, an increase of 117%, while Ethereum has only increased by $61 billion, an increase of 32%. This difference is reflected in the MVRV ratio; since January 2023, Bitcoin investors' unrealized profits have consistently been higher than those of Ethereum holders. In March of this year, Ethereum's MVRV fell below 1.0, indicating that average investors are at a loss. Bitcoin investors' profitability has exceeded that of Ethereum for 812 consecutive days, highlighting the structural differences between the two during market cycles.