Analysis: OTC Platforms and Market Makers Show Stronger Demand for ETH than BTC; ETH May Continue to Outperform BTC in the Future

By: theblockbeats.news|2025/08/23 17:52:10

0

Share

copy

BlockBeats News, August 23rd, after Federal Reserve Chairman Powell sent a dovish signal at the Jackson Hole Economic Symposium, contradicting market expectations of a tougher stance, cryptocurrencies surged on Friday night. As a result, asset managers predict that Bitcoin (BTC), Ethereum (ETH), and some altcoins will hit new highs.

Analysts at Monarq Asset Management predict that the price of Ethereum will rise to above $5,000 in the coming days. Sam Gaer, Chief Investment Officer of Monarq Direction Fund, told CoinDesk: "We maintain an overall bullish stance. The market's internal structure remains healthy, with little sign of overheating, and as you pointed out, the path to new highs for BTC and ETH is very clear."

Gaer stated that over-the-counter desks and market makers have a stronger demand for ETH than BTC, which means Ethereum may outperform Bitcoin in the future. However, BTC itself is also showing strong momentum. Gaer pointed out: "Bitcoin has only retraced about 9.6% from its all-time high, much less than earlier pullbacks this year, showing strong demand—the continuous accumulation by whale wallets around $113,000 is evidence of this."

You may also like

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

The little deer live by the water and grass

The little deer live by the water and grass

Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

The world belongs to Chinese people who speak English

The world belongs to Chinese people who speak English

The world is vast, and only playing half of it is truly a loss.

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

It took Paradigm three years to emerge from the ruins of FTX.

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

This is more like a manifesto, discussing "the very reason we are here."

$1.3 Billion Debt: BitDeer Faces Tough Battle

$1.3 Billion Debt: BitDeer Faces Tough Battle

Wu Jihan is waiting for AI's money to catch up with the speed of debt.

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No

In the AI Era, what is the most valuable thing?

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund

Emerging from the ruins of FTX, Paradigm took three years

Ethereum Unveils Scaling Roadmap, What's Different This Time?

Ethereum Unveils Scaling Roadmap, What's Different This Time?

Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?

What Have Foreigners Been Most Interested in Over the Last 24 Hours?

Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx

Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx

Overview of Important Market Events on February 27

Bloomberg: A Romanian Presidential Election Intervened by Crypto Traders

Bloomberg: A Romanian Presidential Election Intervened by Crypto Traders

The puzzle of the Romanian elections under digital manipulation.

Founders Fund, Pantera, and Franklin Templeton join Sentient's "Arena" to stress test enterprise-level AI agents

Founders Fund, Pantera, and Franklin Templeton join Sentient's "Arena" to stress test enterprise-level AI agents

Sentient is gathering builders and supporters from around the world (including Founders Fund, Pantera, Franklin Templeton, alphaXiv, Fireworks, OpenRouter, etc.) to jointly address the reasoning capability gap in enterprise AI.

Why Retail Is Shifting From Crypto to Equities: Will They Return?

Why Retail Is Shifting From Crypto to Equities: Will They Return?

Retail traders are exiting the crypto market and gravitating towards equities. Bitcoin saw a notable reduction in spot…

Canton Crypto Network vs. XRP: Understanding DTCC’s Strategic Approach to Infrastructure and Liquidity

Canton Crypto Network vs. XRP: Understanding DTCC’s Strategic Approach to Infrastructure and Liquidity

Key Takeaways Canton Network and XRP serve distinct roles in blockchain technology: Canton for asset tokenization and atomic…

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

The little deer live by the water and grass

Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

The world belongs to Chinese people who speak English

The world is vast, and only playing half of it is truly a loss.

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply

Popular coins

Latest Crypto News

21:43

U.S. President Trump: Iran can never have nuclear weapons

U.S. President Trump stated that the United States recently launched a significant military operation in Iran. Trump claimed that Iran is attempting to rebuild its nuclear program, is developing long-range missiles that threaten the U.S. and other countries, and stated that he will destroy Iran's mi...

21:43

CertiK: The total loss from security incidents in February is approximately $35.7 million, the lowest since March 2025

According to CertiK statistics, the total losses due to vulnerabilities in all security incidents in the cryptocurrency sector in February have been confirmed to be approximately $35.7 million, of which about $8.5 million is attributed to phishing attacks. This figure is the lowest monthly loss amou...

21:43

Bubblemaps: Six suspected insiders profited $1.2 million by betting on a U.S. attack on Iran in advance

According to monitoring by the blockchain data analysis platform Bubblemaps, six suspected insiders placed bets hours before the U.S. launched military strikes against Iran, profiting approximately $1.2 million.Most of these wallets received funding in the past 24 hours, specifically targeting bets ...

21:43

Data: The current whale position on the Hyperliquid platform is 3 billion USD, with a long-short position ratio of 0.97

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 3 billion USD, with long positions totaling 1.48 billion USD, accounting for 49.33% of the holdings, and short positions totaling 1.52 billion USD, accounting for 50.67%. The profit and loss for long positi...

21:43

Oil tanker transportation in the Strait of Hormuz has come to a standstill

According to CCTV news reports, real-time data from the international tanker traffic monitoring system shows that the sailing speed of tankers in the waters around the Strait of Hormuz has generally dropped to zero, indicating that shipping in the region has come to a standstill.At the same time, se...