✉news BusinessCrypto first seen 2 d ago, last 2 d ago, peak #3
Ethereum Outperformed Bitcoin This Quarter Despite Thinning Liquidity
Original: Ethereum Beat Bitcoin All Quarter. Its Order Books Thinned and the Staking Exit Queue Hit a Record for the Year.
Ethereum outperformed Bitcoin throughout the quarter, but market data point to warning signs beneath the rally. Order books have thinned, reducing liquidity, and the queue to exit staking positions reached its highest level of the year. Traders are weighing whether the price strength is sustainable or a sign of investors preparing to cash out of staked holdings.
Why now: The divergence between Ethereum's price outperformance and record staking exit queues is raising questions about whether the rally can hold.
Evidence
- Ethereum Beat Bitcoin All Quarter. Its Order Books Thinned and the Staking Exit Queue Hit a Record for the Year. · Yahoo Finance
- Ethereum Beat Bitcoin All Quarter. Its Order Books Thinned and the Staking Exit Queue Hit a Record for the Year. · 24/7 Wall St.
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