Data shows Bitcoin has lost interest to Ethereum and altcoins recently as their combined futures volume has broken past the 85% mark.
Ethereum & Altcoins Have Seen Their Futures Volume Rise Recently
In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the futures trading volume share of Ethereum and the altcoins . The futures trading volume here naturally refers to the amount that’s becoming involved in futures-related trades on the various derivatives exchanges.
Below is the chart shared by Maartunn that shows the trend in the dominance in this metric for ETH and the alts over the last couple of years:
As is visible in the graph, the futures trading volume dominance has seen a sharp increase for the altcoins recently, implying that spec