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PraxisVeritas.io
@praxisveritas
When does ETH/BTC bottom? One of the most striking divergences between ETH and BTC are the centralized exchange net on-chain flows. While BTC has been seeing persistent net outflows for the past few months on a rolling 14 and 30-day sum basis, ETH continues to see net inflows. The sell pressure this creates for ETH continues weighing on its price vs. BTC. If anyone has an idea about which entities are responsible for this please reply. It's a solid hypothesis that ETH/BTC bottoms when this divergence normalizes.
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