
CryptoQuant: Ethereum fund balances recover 24%, outpacing Bitcoin
- —ETH fund balances rose from 5.45M to 6.70–6.77M coins
- —That is a gain of 1.25–1.32M ETH, or 23–24% from the July low
- —BTC fund balances grew by 75,000–85,000 to 1.31–1.32M coins
- —ETH is nearing its October 2025 fund-balance peak; BTC remains below it
Why it matters: Rising fund balances remove part of the tradable supply; sustained upside requires inflows to keep absorbing sell pressure.
Source: Koin Bülteni