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BitcoinSistemi 2025-01-03 15:51:06

The Balance Between Bitcoin and Ethereum is Changing! This Data Reached a Record Level!

The Balance Between Bitcoin and Ethereum is Changing! This Data Reached a Record Level!

While Bitcoin (BTC) is leaving behind a successful 2024, the same cannot be said for Ethereum (ETH). Despite receiving ETF approval, ETH did not perform as expected and closed 2024 with a modest increase of 54%. But things are starting to change for Ethereum. According to CryptoQuant data, Ethereum leverage has reached a record high. It was stated that this situation is a sign that Ethereum has emerged as the preferred main currency for investors doing leveraged trading, compared to BTC. According to CryptoQuant data, ETH leverage has risen to a record high of 0.57, reflecting increased risk-taking. According to analysts, this marks a sharp rise from 0.37 at the beginning of Q4 2024. The rising leverage ratio in Ethereum shows that investors are increasingly using more leverage and taking more risk. Compared to Ethereum’s high leverage, Bitcoin’s leverage is at 0.269, the highest since early 2023 and still below its ATH. As a result, analysts warned investors that ETH's high leverage could lead to 2x higher volatility compared to BTC. *This is not investment advice. Continue Reading: The Balance Between Bitcoin and Ethereum is Changing! This Data Reached a Record Level!

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