Ethereum Sees Major Increase in Value Thanks to Anticipation of Spot ETF

Based on information gathered from cryptocurrency analytics firms, the buyer-seller ratio stood at 0.96. This ratio for an altcoin signifies the relationship between its buying and selling volumes in the futures market. A ratio exceeding 1 suggests a higher buying volume, whereas a ratio below 1 indicates a greater selling volume. The decrease in this particular metric indicates an abundance of sell orders compared to buy orders in the futures market for the token. CryptoQuant analyst ShayanBTC commented on the matter, stating: “Access NEWSLINKER for the most recent technology news.”