BTCC / BTCC Square / Cryptopolitan /
Ethereum Futures Overtake Bitcoin: Traders Flock to ETH as Sentiment Shifts

Ethereum Futures Overtake Bitcoin: Traders Flock to ETH as Sentiment Shifts

Published:
2025-07-10 11:50:18
12
1

ETH futures displace BTC volume as traders shift sentiment toward Ethereum

The crypto derivatives market is witnessing a power shift—Ethereum futures are now outpacing Bitcoin in trading volume. Traders are voting with their wallets, and ETH is the clear winner.

Why the sudden pivot? Market dynamics are shifting faster than a DeFi rug pull. While Bitcoin remains the crypto poster child, Ethereum's smart contract dominance and upcoming protocol upgrades are stealing the spotlight.

Futures markets don't lie. When institutional money starts flowing into ETH derivatives at this scale, it's more than a trend—it's a statement. Never mind that half these traders probably can't explain the difference between Proof-of-Work and Proof-of-Stake.

One thing's clear: in the casino of crypto futures, Ethereum is the new high-stakes table. Bitcoin maximalists might want to check their rearview mirrors.

ETH recovers $2,800, still unable to make a bigger move

The next step for Ethereum may include factors specific to the chain, especially DeFi growth and stablecoin traffic. For now, ETH managed to break above $2,800, but is yet to show additional strength to recover above $3,000.

ETH traded at $2,777.40, after taking a step backward. In the past week, ETH recovered against BTC, rising to 0.025 BTC. However, for the year to date, ETH lost 29% of its value against BTC. 

A shift in sentiment may anticipate a trend reversal, where ETH activity increases to tap a more dramatic price move. One of the potential scenarios includes gaining against BTC, or a hike to the $3,000 or $4,000 level. 

However, ETH currently sees most of its derivative liquidity in long positions, starting at around $2,600. The recent rally may reverse to liquidate those positions. Based on trader positioning on Binance, ETH has mostly finished liquidating the long positions. 

In the past 24 hours, traders were liquidated for $157.9M in short positions. Following the large daily liquidation event, traders turned to attacking long positions.

Ethereum may see renewed buying pressure

Until recently, ETH fell due to combined selling pressure from whales and from the reserves of Grayscale. Recently, Grayscale started re-accumulating ETH, along with other funds. 

ETH is also accumulating in whale wallets with 10,000 or more tokens. Mega-whale wallets now hold over 41M ETH, after months of slow and mostly invisible accumulation. Around 30% of the ETH supply is staked in the Beacon Chain contract. 

Ethereum is also getting accumulated in corporate treasuries, following a similar path to BTC. In any case, ETH is seen as valuable and as the central chain for decentralized finance and stablecoins. 

The expectations for an ETH rally may also reawaken altcoins, leading to a breakout season in the second half of 2025.

The Ethereum narrative is also abandoning the recent capitulation and the expectations that the chain will be useless and abandoned. Ethereum remains a DeFi lending leader, compensating for the loss of meme tokens, gaming tokens and other Web3 trends from the 2021 bull market. 

Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users