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[LIVE] Crypto News Today: Latest Updates for July 24, 2025 – Ethereum Flips Bitcoin in Spot Volume as Whales Load Up on ETH Amid Altcoin Rotation

2025-07-24 04:41:06

[LIVE] Crypto News Today: Latest Updates for July 24, 2025 – Ethereum Flips Bitcoin in Spot Volume as Whales Load Up on ETH Amid Altcoin Rotation

Main Idea

Ethereum surpasses Bitcoin in spot trading volume as whales accumulate ETH, while Ethereum spot ETFs see significant inflows compared to Bitcoin ETFs.

Key Points

1. Ethereum recorded $25.7 billion in spot volume last week, surpassing Bitcoin’s $24.4 billion.

2. Whales accumulated 466,253 ETH ($1.7B), including 40,591 ETH ($148M) added in a single day.

3. Ethereum spot ETFs saw a $332 million net inflow on July 23, marking 14 consecutive days of positive inflows.

4. Bitcoin spot ETFs recorded $85.96 million in net outflows, extending their losing streak to three days.

5. BlackRock’s ETHA led Ethereum ETF inflows with $325 million in a single day, while Fidelity’s FBTC saw the largest Bitcoin ETF outflow at $227 million.

Description

For the first time in over a year, Ethereum has overtaken Bitcoin in spot trading volume, signaling a potential shift in investor sentiment. According to CryptoQuant, ETH recorded $25.7 billion in spot volume last week, surpassing Bitcoin’s $24.4 billion. The ETH/BTC volume ratio broke above 1 for the first time since June 2024, as traders increasingly rotate funds into Ethereum and various altcoins. Seven newly created wallets have recently accumulated 466,253 ETH ($1.7B), including 40,591 ETH ...

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