📈💰 #BTC and #ETH are playing a game of divergence, folks! Glassnode's latest report shows #Bitcoin's been hogging the limelight with a surge in speculative activity. Short-term holders are piling up the coins, with a whopping $240 billion moved in the last 6 months.

#Ethereum, on the other hand, hasn't been able to keep up. It's still stuck below its 2021 all-time high, with a disappointing influx of new capital. The reason? Possibly the attention and easy access that Bitcoin ETFs are getting.

While we're all waiting for the SEC's verdict on Ethereum ETFs (expected by end of May), seasoned Ether investors are chilling, waiting for higher prices.

Despite the underperformance, Glassnode suggests that #ETH's overall uptrend is one of the most resilient, with minor corrections so far.

What do you think, folks? Is Ethereum just taking a breather before a big leap, or is Bitcoin the undisputed king? Let's chat below! 👇 #CryptoNews #DeFi