Ethereum (ETH) approached within 3.9% of its highest high, because Altcoins demonstrated a broad strength.
Leverage about important alternative cryptocurrencies reached a record of $ 47 billion According to Glassnode data.
Ethereum traded at $ 4,738.94 from the moment of the press, an increase of 3.1% in the last 24 hours and only 2.7% away from all time of all time registered in November 2021.
The rally coincided with widespread altcoin winWith seven -day returns that show Ethereum and Dogecoin, an increase of 25.5%, XRP wins 16.2%and Solana rises 13.6%.
Bitfinex head of derivatives Jag Kooner attributed the momentum of Ethereum to “strong ETF inflow, institutional accumulation and a favorable macro background after a softer CPI data raised speed-related expectations.”
The combination has brought traders back in risk assets, whereby both Bitcoin and Ethereum see a renewed long positioning.
Options Activity signals Breakout -expectations
Ethereum Options Open Interests climbed to a year to date About $ 16.1 billion In addition to the spot price rally, according to Glassnode.
The increased open interest rate indicates a strong demand for optionality around the potential outbreak above earlier highlights.
Bel Premium activity confirms bullish positioningWith traders who pay around $ 82 million on 8 August and $ 31.5 million on 11 August, consistently exceeds PUT Premium.
Glassnode -Data has indicated that traders pay premiums for over -standing convexity as Ethereum approaches record levels.
Option data show a low implicit volatility despite the structure of open interest, which suggests that markets expect sharp progress while the downward risk is covered.
Kooner, from Bitfinex, noted that compressed volatility indicates that every macro shock could cause considerable price fluctuations.
Altcoin sector shows statistical outperformance
Market-Cap-weighted seven-day returns on top altcoins line Since April in a standard abnormality, statistically significant outperformance periods mark three times.
The size and frequency emphasize persistent capital rotation of Bitcoin in the Altcoin sector.
The lever accumulation creates conditions where price movements can activate Tracade effects over multiple assets.
Glassnode emphasized that the wide Altcoin strength reflects “an intensively speculative bid and a market-wide appetite for higher beta exposures as the momentum builds Bitcoin.”
Ethereum -Market data
At the time of press 10:41 pm UTC on August 13, 2025Ethereum is on #2 by market capitalization and the price is upwards 3.46% In the last 24 hours. Ethereum has a market capitalization of $ 574.2 billion With a trade volume of 24 hours $ 63.35 billion. More information about Ethereum ›
Summary of the Cryptomarkt
At the time of press 10:41 pm UTC on August 13, 2025The total crypto market is appreciated at $ 4.16 trillion With a volume of 24 hours $ 241.62 billion. Bitcoin Dominance is currently up 58.78%. More information about the Cryptomarkt ›