📈 #ETH Trading Volume Surges Past Bitcoin! 🚀
Ethereum has officially flipped Bitcoin in weekly spot trading volume!
Between July 14–20, ETH clocked $25.7B in volume, compared to BTC’s $24.4B — the first time since mid-2024!
🔹 Key Highlights:
• ETH price surged over 26% in a week
• Over $3.5B flowed into ETH spot ETFs
• Whales accumulated 466,000 ETH (~$1.7B)
• NFT market on Ethereum rebounded to $6.6B in July
• Derivatives open interest for ETH is near record levels
📉 Caution: ETH faces resistance around $3,800. Recent corrections show heavy long liquidations — keep an eye on market levera
Ethereum has officially flipped Bitcoin in weekly spot trading volume!
Between July 14–20, ETH clocked $25.7B in volume, compared to BTC’s $24.4B — the first time since mid-2024!
🔹 Key Highlights:
• ETH price surged over 26% in a week
• Over $3.5B flowed into ETH spot ETFs
• Whales accumulated 466,000 ETH (~$1.7B)
• NFT market on Ethereum rebounded to $6.6B in July
• Derivatives open interest for ETH is near record levels
📉 Caution: ETH faces resistance around $3,800. Recent corrections show heavy long liquidations — keep an eye on market levera