Compared to BTC, the data for ETH is worse. First, looking at the trading volume data, there has been a noticeable decline. Although the trading volume for BTC has not improved in the past six months, it has remained at an average level, providing some assurance of purchasing power stability. However, the trading volume for ETH has clearly entered a cliff-like decline since August, and it is now even lower, giving the impression that investors' interest in ETH has returned to previous levels.



Moreover, from the data of the primary and secondary markets of the most powerful spot ETFs, over 200,000 ETH have net flowed out in the past week, while in the previous week, the data showed a net inflow of over 140,000 ETH. Furthermore, from the data of the secondary market, although the Trading Volume has not decreased significantly, it is still in a state of decline, which indicates a lack of investor confidence. #BTC
BTC1.38%
ETH-1.3%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
10uAirForceGodOfWarvip
· 10-01 10:14
Can I empty it now, teacher?
View OriginalReply0
View More
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)