Ethereum's deflationary advantage over Bitcoin is weakening as ETH burning rates have dropped sharply and annual supply growth nears Bitcoin's level. However, increased on-chain activity, including higher Ethereum Velocity, more active addresses, and significant ETH outflows from exchanges, suggests growing demand. Whale investors are also increasing long positions on ETH, signaling confidence in a price rebound. These factors could drive Ethereum to outperform Bitcoin if market sentiment improves, despite the fading deflation narrative.
Ethereum trades at Rp42.813.897 on Pluang as of Oct 24, 2026 15:21 WIB, down 1.35% in the last day. Despite the article's focus on Ethereum's deflationary edge fading, Pluang data shows a stronger buy interest with 61% of orders on ETH being buys. Bitcoin is priced at Rp1.457.000.000 with a similar 1-day decline of 1.30%, and both assets have typical hold times around 108-112 days, indicating steady investor engagement.
Early Ethereum investors sold a total of 4,000 ETH from two wallets, with one ICO participant selling 1,000 ETH and another holder offloading 3,000 ETH worth $7.23 million. This activity coincides with Santiment's report of the largest daily net ETH ...
Ether (ETH) price fell 1.64% within an hour to $2,358 on Binance's ETH/USDT spot market, marking a $40 decrease from an hour earlier. Over the past 24 hours, Ether's value declined by 1.14%. During this hour, $22.4 million in long positions were liqu...
On October 21, U.S. spot Ether (ETH) exchange-traded funds recorded net inflows totaling $14.9 million. The Grayscale Ethereum Mini Trust ETF led with $28.1 million in inflows, followed by Fidelity’s FETH with $13 million. However, other Ether ETFs e...
Arthur Hayes, founder of BitMEX, expressed skepticism about the investment potential of Hyperliquid's HYPE token due to increasing competition among decentralized perpetual futures platforms. While he acknowledges strong demand for Hyperliquid's trad...
In October 2026, spot ether ETFs experienced their worst month with $1.2 billion in net outflows, while Bitmine Immersion Technologies is close to reaching its 5% ownership cap of Ethereum's circulating supply. Bitmine's buying pace has slowed signif...
