‘Largest’ volume skew for ETH confirms pivot to altcoins: Glassnode

Largest Volume Skew for ETH Signals Altcoin Pivot: Glassnode Analysis

Key takeaways: Ether’s futures volume dominance has overtaken Bitcoin for the first time since 2022. Stablecoin activity on the Tron network is rising, suggesting capital is moving into altcoins. Ethereum (ETH) has captured significant attention following a rally exceeding 50% in the past month, marking a shift away from Bitcoin (BTC). Analytics from Glassnode highlight that ETH’s perpetual futures volume dominance has eclipsed Bitcoin for the…

‘Largest’ volume skew for ETH confirms pivot to altcoins: Glassnode – DG Verifications & Stats

Surging ETH and BNB activity, alongside shifting USDT flows, are all signals that traders are pivoting into altcoins. Market Analysis Key takeaways: The dominance of Ether’s futures volume surpassed Bitcoin for the first time since 2022. Tron-ecosystem stablecoin activity rose, pointing to capital inflows into the altcoin ecosystem. Ether (ETH) has gained everyone’s attention over the past few weeks, with new data showing a clear shift away fr…

‘Largest’ volume skew for ETH confirms pivot to altcoins: Glassnode

ETH futures volumes flip BTC for the first time since 2022 as BNB price soars and stablecoin flows point to a thriving altcoin season.