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Posted: 2025-05-12 03:02:31 UTC

This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-12 03:02:41 UTC
Verified By
Rollup News
Ethereum experienced significant activity with a large amount of ETH moving off exchanges, a price surge, and a breakout in its BTC ratio. Despite ETF outflows, someone is accumulating ETH, and perpetuals volume has surpassed Bitcoin for the first time in years.
185,309 ETH moved off exchanges by Abraxas in 72 hours
ETH price up 40%, the largest 3-day gain since January 2021
ETH/BTC ratio shows the first meaningful breakout in 2 months
$42M ETH ETF outflows during the pump
Perpetuals volume flipped BTC for the first time in years (41% market share)