đ Ethereum is stealing the spotlight from Bitcoin this Q3 đ„
$ETH just closed July with ~5x the returns of BTC. Institutions are piling in â $10.53B flowed into ETH spot ETFs this month vs. BTCâs $6.74B. đ
And traders? Theyâre betting big on ETH. For the first time since 2022, Ethereumâs perpetual volume dominance has flipped above Bitcoinâs â now at 60.4% vs. BTCâs 36%. Thatâs the widest gap in 3+ years!
Leverage is pouring in: +600K ETH in perp OI vs. BTCâs +50K BTC. The ETH/BTC pair surged from 0.02 â 0.03 this month â a 50% gain in relative strength. âĄ
The message is clear: risk-on = ETH right now. Institutions + leverage traders are aligned. If this momentum holds, ETH could lead the pack for the rest of Q3. đ
Are you positioned for it? đ