Ethereum Treasury Trading Volume Pass Bitcoin
Data wey Blockworks show, Ethereum treasury trading volume for corporate stocks don pass Bitcoin for the first time. Shares for BitMine Immersion Technologies (BMNR) dey average 48 million daily, four times di 12 million daily shares of Michael Saylor’s MicroStrategy (MSTR). BitMine’s $6.4 billion average daily dollar volume put am for top ten most traded U.S. stocks. Meanwhile, weekly spot trading volumes for ETH almost three times pass di ones for BTC, analyst Crypto Gucci talk so. Ethereum treasury trading volume and spot trading volume both dey reach new highs, while ETH balances for centralized exchanges don fall to nine-year lows. Ether prices recover 2.8% to $4,300 after e drop below $4,100 as traders dey expect Federal Reserve Chair Jerome Powell’s upcoming Jackson Hole speech. This increase for liquidity and momentum show Ethereum get growing institutional and retail appeal, marking big change for market dynamics.
Bullish
Ethereum don surpass Bitcoin for corporate treasury trading and record spot volumes dey show say institutional and retail demand dey grow. Historically, shifts like this—like Bitcoin big surges after major institutional buys for 2020–2021—dem dey drive bullish trends. Low ETH supply for exchanges dey put pressure for price rise, while steady liquidity and momentum dey clear road for more gains. For short term, traders fit make money from volatility around the upcoming Jackson Hole speech; for long term, increasing use of Ethereum treasuries and decentralized finance apps dey support positive outlook.