ETH Jumps 73% Since June, but Futures Volume Still 12.5x Spot
- —ETH gained about 73% since late June, reaching ~$2,700 by October 1
- —Binance spot-to-futures ratio rose only from 6.5% to 8%
- —Only 3.49% of ETH supply sits on exchanges, down 1.16% since June 1
- —Prior ratio peaks: 45% in April 2026 and 114% in November 2025
Why it matters: ETH's rally rests on infrastructure demand and staking rather than spot trading, leaving the price exposed to shifts in sentiment.
Source: BeInCrypto RU