đ Ethereum Defies Gravity: ETH Shatters $3K as Futures Volume Overtakes Bitcoin in Historic Flip
Ethereum just pulled off a stunnerâblasting past $3,000 while quietly dethroning Bitcoin in futures trading volume. Glassnode data confirms the flip, marking a rare power shift in crypto derivatives. Hereâs why traders are scrambling.
The Futures Frenzy
ETH futures volume surging past BTCâs isnât just a blipâitâs a liquidity earthquake. Institutional players are finally waking up to Ethereumâs utility beyond âdigital goldâ narratives (though letâs be realâtheyâre still late to the party).
Beyond the Price Pump
This isnât just about ETHâs price breakout. The futures flip signals something bigger: derivatives markets now see Ethereum as the alpha playground for smart money. Take that, Bitcoin maximalists.
Cynical Hedge Fund Bonus
Meanwhile, Wall Streetâs still trying to explain NFTs to their compliance departments. Progress!