ChainCatcher news, the latest data shows that the ETH/BTC exchange rate has fallen to 0.03465, the lowest point since April 2021. This data was disclosed by Trader T on the X platform, which attracted widespread attention in the market.

First, the decline in the ETH/BTC exchange rate may reflect the market's reassessment of the relative value of Ethereum and Bitcoin. Investors may be reconfiguring their portfolios to cope with market changes.

Second, this abnormal movement may affect the overall market value ranking of the digital currency market. As the second largest cryptocurrency by market value, Ethereum's price fluctuations may have a chain reaction on the market.

Finally, on-chain data analysis shows that changes in trading volume and holdings may be the key factors leading to the decline in this exchange rate. Investors need to pay close attention to these data to make wise decisions.