• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Analysis: Ethereum Surpasses Bitcoin in Futures Trading

user avatar

by Giorgi Kostiuk

8 hours ago


Recent data indicates that Ethereum's futures trading volume has surpassed Bitcoin's, suggesting a potential change in investor sentiment and readiness for new trading strategies.

Changing Futures Activity

According to Glassnode, Ethereum futures volumes reached $62.1 billion in 24 hours, while Bitcoin volumes were at $61.7 billion. While ETH volumes later decreased slightly, this increase is a signal of traders’ shifting focus. It is also noted that liquidations have been more active for Ethereum based on current trader positioning.

Current State and Outlook for Ethereum

Ethereum has managed to surpass the $2,800 mark, but to establish a stronger upward trend, it needs to break above $3,000. Currently, ETH is priced at $2,777.40, showing recovery from recent lows, though it has lost 29% of its value against BTC year-to-date. A shift in sentiment may potentially increase activity and lead to a rise in prices.

Prospects and Dynamics of Ethereum

Given the recent speculation around renewed buying pressure for ETH due to accumulation in large wallets, the interest in Ethereum remains. Furthermore, over 30% of ETH supply is staked, which indicates strong support. Expectations for a rally may also trigger movement in altcoins as Ethereum continues to lead in decentralized finance.

In conclusion, the shift in Ethereum's futures activity indicates a potential change in market expectations and increased interest in this cryptocurrency. Projections suggest that, supported by the growth in DeFi and institutional accumulation, ETH may reach new heights in the near future.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

PEPESCAPE Introduces $PESC Token and DeFi Ecosystem Presale

chest

Today marks the launch of the $PESC token presale by PEPESCAPE, a new project in the DeFi space offering decentralized financial tools.

user avatarGiorgi Kostiuk

BIT Mining to Raise $300M for Solana and Shift Strategy

chest

BIT Mining aims to raise $300 million and convert its holdings to Solana, highlighting a strategic pivot in the cryptocurrency industry.

user avatarGiorgi Kostiuk

Overview of TKL’s Gold Price Forecast and Economic Conditions

chest

Analysts reassess their economic outlook as TKL predicts gold prices could rise to $5000 with Fed rate cuts.

user avatarGiorgi Kostiuk

KULR Technology Group's Bitcoin Investment Strategy: A New Era of Institutional Assets

chest

KULR Technology Group announced a $10 million Bitcoin acquisition, increasing its holdings to 1,021 BTC.

user avatarGiorgi Kostiuk

US Announces Establishment of Strategic Bitcoin Reserve in 2025

chest

US establishes strategic Bitcoin reserve, altering crypto policy; impacts on global financial systems implied.

user avatarGiorgi Kostiuk

Bitcoin on Path to $120,000 Following New All-Time High

chest

Bitcoin hits a new high over $113,000, generating optimism among analysts about future growth.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.