Ethereum is now flipping Bitcoin for corporate treasury stock trading, according to crypto analyst Miles Deutscher, who cited data from Blockworks on Wednesday.<\/p>\n
The researcher opined that Ethereum \u201cstill has a lot of catch-up to do vs BTC, and is the far less saturated trade.\u201d<\/p>\n
The chart depicts a huge uptick in trading of the leading Ether treasury companies, BitMine Immersion Technologies (BMNR), and SharpLink Gaming<\/a> (SBET).<\/p>\n Trading volume for Tom Lee\u2019s Ether treasury firm has now flipped that of Michael Saylor\u2019s Strategy (MSTR), according to the data.<\/p>\n The daily average volume in BMNR shares traded is almost 48 million, which is four times higher than the 12 million daily average for MSTR, according<\/a> to Google Finance.<\/p>\n This is a crazy chart.$ETH<\/a> is now flipping $BTC<\/a> for Treasury Company trading volume.<\/p>\n Tbh, looking at this image makes me think ETH still has a lot of catchup up to do vs BTC, and is the far less saturated trade. pic.twitter.com\/SyAZ3LAKJy<\/a><\/p>\n \u2014 Miles Deutscher (@milesdeutscher) August 20, 2025<\/a><\/p>\n\n BitMine is now one of the most widely traded stocks in the US, the firm reported earlier this week.\u00a0According to data from Fundstrat, the stock has traded an average daily dollar volume of $6.4 billion, ranking tenth in the US, it added. Stock traders have been touting the asset since Lee took over and started stacking ETH.<\/p>\n The shares have surged more than 1,100% since late June when the Ether treasury was announced.<\/p>\n $BMNR<\/a> HAS +100% UPSIDE IN THE NEXT 6 MONTHS<\/p>\n This stock had lots of attention brought to it after Tom Lee hoped on board.. The company is a duplicate of $MSTR<\/a> however instead of compounding $BTC<\/a>, its holds $ETH<\/a> $ETH<\/a> is the core of the blockchain and with the growth of\u2026 pic.twitter.com\/OTkThzsH8m<\/a><\/p>\n \u2014 StockTrader_Max (@StockTrader_Max) August 20, 2025<\/a><\/p>\n\n BitMine is the world\u2019s largest Ether treasury company and the world\u2019s second-largest crypto treasury<\/a> firm with 1.5 million ETH worth around $6.5 billion, according<\/a> to SER.\u00a0Additionally, the volume flipping doesn\u2019t seem to be limited to stock trading.<\/p>\n Weekly spot trading volumes for ETH just hit an all-time high compared with BTC, observed analyst \u2018Crypto Gucci\u2019 on Wednesday. Ethereum traded nearly three times the volume of Bitcoin over the past week, they said before adding, \u201cThe flippening isn\u2019t theory anymore, it\u2019s playing out in real time.\u201d<\/p>\n Weekly spot trading volumes for $ETH<\/a> just hit an all time high vs $BTC<\/a><\/p>\n Ethereum traded nearly 3x the volume of Bitcoin over the past week<\/p>\n This is no longer Bitcoin\u2019s market The flippening isn\u2019t theory\u2026 pic.twitter.com\/M3znpwQkdj<\/a><\/p>\n \u2014 Crypto-Gucci.eth \u1d4d\u1d50 (@CryptoGucci) August 20, 2025<\/a><\/p>\n\n It was also reported<\/a> this week that the amount of ETH on centralized exchanges has dropped to its lowest level in nine years.<\/p>\n Ether prices have started to recover from this week\u2019s pullback, gaining 2.8% on the day to reclaim the $4,300 level.<\/p>\n The asset fell to a fortnightly low of just below $4,100 on Wednesday, but markets are starting to recover today.<\/p>\n More volatility could be ahead as all eyes are now focused on Federal Reserve Chair Jerome Powell\u2019s speech<\/a> at Jackson Hole on Friday.<\/p>\n The post Ethereum Finally Flips Bitcoin \u2014 But Not in the Way You Think<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ethereum is now flipping Bitcoin for corporate treasury stock trading, according to crypto analyst Miles Deutscher, who cited data from Blockworks on Wednesday. The researcher opined that Ethereum \u201cstill has a lot of catch-up to do vs BTC, and is the far less saturated trade.\u201d The chart depicts a huge uptick in trading of the […]<\/p>\n","protected":false},"author":0,"featured_media":90126,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-90125","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/90125"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=90125"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/90125\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/90126"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=90125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=90125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=90125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Ether Treasury Race to The Top<\/h2>\n
\nThe liquidity, the momentum, the energy
\nIt\u2019s all moving to #Ethereum<\/a><\/p>\nETH Price Recovers<\/h2>\n