There is a remarkable and sustained influx of ETH towards exchanges addresses.
This highlights BTC’s narrative as digital gold, while ETH is a more speculative asset.
During the last month, Bitcoin (BTC) and Ethher (ETH) movements towards the exchanges have revealed opposite behaviors among the investors of these digital assets.
While BTC holders maintain a position mostly of «Hodl«, ETH those have significantly increased coins to platforms of exchange, according to recent data.
BTC flows to exchanges have shown stability, with daily tickets ranging between 12,000 and 70,000 BTC. Although specific peaks were recorded, such as at the beginning of August and mid -July, there is no sustained increase in increase, according to Explorer data On-Chain Cryptoquant.
This reflects a bitcoin market with contained sales pressure, where investors They seem to maintain their positions without abrupt movements.
On the other hand, Ethereum has experienced a constant increase in tickets to exchanges. In mid -August, the daily tickets exceeded 2 million ETH, reaching a maximum of 2.6 million, compared to July ends that rarely exceed 1.5 million.
This movement suggests greater profits or repositioning activity by large holderswhich aligns ETH with a more speculative profile, driven by a cryptocurrency rally that led it to 2021 levels, approaching the $ 4,900, its historical maximum, as cryptootics reported last week.
This divergence highlights two clear dynamics: BTC’s stable flows reflect their role as a value reserve, while the elevated Eth a Exchange income points to an active trade or short -term sales pressure. On-chain data show a relative calm in Bitcoin against a dynamism in Ethereum, a contrast that must be followed closely because of its impact on the market.
