Altcoins News

Story: Ethereum Overtakes Bitcoin in Derivatives as Institutional Traders Shift Gears

By Julie Binoche

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Ethereum Pulls Ahead in Derivatives Market. Recent data shows that Ethereum’s OI rose sharply by over 8% in just 24 hours, while Bitcoin’s OI…

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Positive Funding Rates and Liquidation Spikes. Beyond just Open Interest and volume, Ethereum is also showing signs of strong bullish positioning…

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Technical Indicators Hint at More Gains. From a technical perspective, Ethereum is showing all the classic signs of a strengthening uptrend.

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Impact of the Pectra Upgrade and ETF Buzz. A major contributing factor to Ethereum’s recent momentum is the Pectra upgrade, which went live…

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Ethereum Foundation’s Push for Better Security. Parallel to these market developments, the Ethereum Foundation released a comprehensive report…

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Looking Toward Year-End. The convergence of technical indicators, derivatives market strength, institutional positioning,…

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Ethereum has just taken a major step forward in its rivalry with Bitcoin, surpassing it in the derivatives market for the first time.

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The shift comes amid growing speculation around Ethereum’s next potential rally, driven by fresh upgrades, speculation over spot ETF approvals, and newly proposed security…

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At the same time, Ethereum’s trading volume soared by more than 34% to nearly $110 billion, while Bitcoin saw a steep 28% drop in volume, falling to $81 billion.

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What makes this development especially significant is that it comes even as Bitcoin maintains a larger overall market capitalization.

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Moreover, Ethereum has seen a notable rise in liquidations, particularly among short sellers who likely underestimated the recent surge.

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Meanwhile, the Moving Average Convergence Divergence (MACD) chart recently flipped bullish, with the MACD line trending above the signal line—a common early signal of building…

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Following the upgrade, interest in Ethereum derivatives and spot trading picked up pace, with many investors citing increased confidence in the protocol’s long-term sustainability.

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Adding fuel to this momentum is the growing buzz around potential Ethereum ETFs that include staking functionality.

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Parallel to these market developments, the Ethereum Foundation released a comprehensive report outlining the challenges the network must overcome to reach “trillion-dollar…

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