クリプトドットイン

暗号に強い人材のためのオルタナティブ・リンクトイン

Ethereum Steals The Spotlight As Capital Moves Away From Bitcoin

Ethereum’s growing base of active users may be one reason investors are putting more money into it — and less into Bitcoin.

Exchange Outflows Point To A Shift In Holding Behavior

Data from on-chain research firm XWIN Research shows イーサリアム recorded a sustained drop in exchange-held supply throughout March 2026, a sign that more holders are moving their tokens off trading platforms and into long-term storage.

Reduced exchange supply typically signals less intention to sell. At the same time, active addresses on the Ethereum network trended higher, pointing to broader usage across its ecosystem. Stablecoins, decentralized finance, and real-world asset tokenization all saw activity gains during the period.

Bitcoin did not show the same kind of network momentum. While it posted a 1.80% price gain in March, its market cap slipped 0.41%. Ethereum, by contrast, climbed 7% and expanded its market cap by almost 3%. That gap drew attention from analysts tracking capital movement across the two largest cryptocurrencies.

Ethereum Runs Hotter Than Bitcoin On Volatility Measures

The two assets moved largely in the same direction — their price correlation sat at around 0.94 — but how far they moved told a different story. Ethereum’s realized volatility came in at 62% for the month. Bitcoin’s was 49%.

According to XWIN Research, that spread positions Ethereum as a higher-beta asset, one that reacts more sharply when liquidity conditions shift. Traders chasing bigger short-term gains appear to have taken notice.

The Coinbase Premium Gap, a metric that tracks the price difference between Coinbase and other exchanges, remained negative for Ethereum. Reports indicate, however, that it showed early signs of narrowing — a potential signal that US-based demand is beginning to return.

Store-Of-Value Narrative Loses Ground To Utility Play

ビットコイン has long been positioned as digital gold — a place to park value rather than a network to build on. That story may be losing some of its pull, at least for now.

Based on XWIN Research’s analysis, attention appears to be rotating toward assets that respond more directly to shifts in liquidity and market sentiment. Ethereum, with its broader infrastructure role, is currently drawing that attention.

The analysis stopped short of predicting how long the trend would last. What it did say is that Ethereum’s on-chain data and ecosystem activity place it in a stronger short-term position than Bitcoin. Whether that holds as broader market conditions change remains to be seen.

Featured image from Meta, chart from TradingView


コメント

コメントを残す

メールアドレスが公開されることはありません。 が付いている欄は必須項目です

最新フィード

人気カテゴリー

ウェブサイトを検索

人気記事

タグ

#AlexeyPertsev (1) #Bidenクリプトバン (1) #Biden選挙 (1) #BinanceVsCoinbase (1) #ビットコイン (434) #BitcoinETF (3) #ビットコイン基礎知識 (1) #ビットコインの取り扱い (1) #Bビットコイン価格 (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #ビットコイン・サージ (1) #Bitcoinトップ (1) #Bitfinex (1) #ビットワイズ (1) #BracebridgeCapital (1) #BRC20トークン (1) #BTC取得 (1) #Bullish予測 (1) #Bullishセンチメント (1) #中国鉱業 (1) #CPプレビュー (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #クリプトマニア (1) #CryptoMarket (4) #CryptoPrediction (1) #Crypto予測 (1) 1TP5トリプトレギュレーション (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty(暗号の不確実性 (1) #Dデリバティブジャンプ (1) #Dogecoin (73) #Dogecoinゲイン (1) #Dogecoinボリューム (1) #ダッチコート (2) #ECコマース (1) #ElSalvadorビットコイン (1) #Ethereum (69) #EthereumPain (1) #EthereumPrice (1) 1TP5専門家の意見 (1) #Fedレートカット (1) #FiatCurrency (1) #フィナンシャル・インパクト (1) #フィナンシャル・プライバシー (1) #Firmシャットダウン (1) #F凍結アカウント (1) 1TP5自己資金 (1) #InflationData (1) 1TP5投資 (1) 1TP5投資損失 (1) #日本ファーム (1) #法的措置 (1) 1TP5法的影響 (1) #法律 (1) #LightningNetwork (1) #市場分析 (3) #Mマーケットモニタリング (1) #M市場予測 (1) #市場予測 (1) #M市場予測 (1) #Mマーケットサポート (1) #マーケットボラティリティ (1) #マリッジ (1) #MemeCoin (5) #Memeコイン (2) #Miner収益性 (1) #マネーロンダリング (2) #MtGox (4) #北朝鮮暗号 (1) #ノボグラッツ予想 (1) #Priceマイルストーン (1) #P価格予測 (2) #Price質問 (1) #プライスサージ (1) #Prisonセンテンス (1) #QuantAnalysis (1) 1TP5規制圧力 (1) #SECアンチクリプト (1) #ShibaInu (5) #SocialBuzz (1) #技術分析 (1) #トンコイン (3) #トルネードキャッシュ (3) #TornadoCashDev (1) #TornadoCashデベロッパー (1) #UKクリプト (1) #Upsideポテンシャル (1) #USCongress(米国議会 (1) #ワイオミングランド (1) #XRP価格 (1) #XRPupswing (1)

お役立ちリンク

私が役に立ち、共有したいと思ったリンク