以太坊与比特币：交易量讲述了一个新故事

以太坊在交易量中的激增表明，加密货币的统治地位发生了变化，这挑战了比特币长期以来的领先优势。是什么推动了这一变化，对投资者意味着什么？

Yo, crypto fam! Things are gettin' spicy in the world of digital assets. Ethereum's steppin' up, throwin' elbows, and makin' a serious play for the top spot when it comes to trading volumes. Bitcoin, you've been warned!

哟，加密货币。在数字资产世界中，事情变得辛辣了。以太坊的脚步，投掷肘部和麦金（Makin'）在交易量中的最高点是一名出色的表现。比特币，您已被警告！

Ethereum Takes the Volume Crown (For Now)

以太坊占据冠冠（目前）

For a minute there, Ethereum quietly snatched the crown in spot trading share from Bitcoin. We're talkin' ETH holding 32.9% versus Bitcoin's 32.6%. It's a tight race, but still a statement. August saw ETH hit a peak of 41% share with a whopping $480 billion in spot volume, outshining Bitcoin's $400 billion. That's some serious hustle!

在那里一分钟，以太坊在比特币的现货交易份额中悄悄地抢走了王冠。我们说的是ETH的持有32.9％的股票，而比特币的32.6％。这是一场紧张的比赛，但仍然是一个声明。 August看到ETH达到了41％的高峰，现货量高达4800亿美元，超过了比特币的4000亿美元。那是一个严肃的喧嚣！

The futures market is echo'n the same vibe. Ethereum futures volumes crushed Bitcoin back in July and then went wild in August, reaching a record $3.08 trillion. Plus, open interest is hangin' around $59 billion, showin' steady investor love. And on-chain activity? Boomin'! DeFi's got $258 billion locked up, 51.7 million monthly active addresses are doin' their thing, and DEX trading's at $140 billion. Peep this – ETH balances on exchanges are at a three-year low, signalin' strong holding demand. People ain't sellin', they're hodlin'!

期货市场与同一氛围相同。以太坊期货量在七月粉碎了比特币，然后在八月狂野，达到创纪录的3.08万亿美元。另外，开放兴趣大约是590亿美元，展示了稳定的投资者的爱。和链活动？ boomin'！ Defi的锁定为2580亿美元，每月有5170万美元的活动地址正在做他们的事情，而Dex Trading则为1,400亿美元。窥视这个 - 交流的ETH余额处于三年低点的信号强烈的持有需求。人们不卖，他们是霍德林！

The ETF Effect: Fueling the ETH Fire

ETF效果：加油

A big part of Ethereum's rally is thanks to ETFs. These bad boys pulled in almost $10 billion in net inflows in 2025 alone. ETFs now make up 16% of all ETH spot trading, which is a record. BlackRock's ETHA fund is leadin' the pack, controllin' 74% of ETF trading. Even after six days of outflows, BlackRock swooped in with a $44.2 million inflow. Talk about confidence!

以太坊集会的很大一部分要归功于ETF。仅在2025年，这些坏男孩就赚了近100亿美元的净流入。 ETF现在占所有ETH现货交易的16％，这是记录。贝莱德（Blackrock）的ETHA基金是The Pack，Controllin'74％的ETF交易。即使经过六天的流出，贝莱德（Blackrock）也以4420万美元的流入涌入。谈论信心！

Can ETH Smash Through $5K?

Eth可以通过$ 5K粉碎吗？

Ethereum's been movin' sideways since August, battlin' between bulls and bears. The $4,956 mark is still the wall that stopped ETH's last run, while $4,310 is holdin' down the fort. If ETH dips below $4,250, we might see it slide to $4,000 or even $3,874. But hold up – Ethereum's 200-day SMA and EMA are trendin' up, givin' the bulls a safety net. If buyers can finally break through $5,000, momentum could flip fast, targetin' $5,500 and even $6,000.

自八月以来，以太坊一直在侧面移动，公牛和熊之间的巴特林。 $ 4,956的大关仍然是阻止Eth最后一步的墙，而$ 4,310的墙壁则在堡垒上。如果ETH下跌低于$ 4,250，我们可能会看到它滑到$ 4,000甚至$ 3,874。但是请举行 - 以太坊的200天SMA和EMA正在潮流，公牛队是安全网。如果买家最终可以打破5,000美元，那么动量就可以快速翻转，Targetin'5,500甚至6,000美元。

A Word on Validator Exits

验证者退出的一句话

Now, there's been some buzz about a potential spike in the Ethereum validator exit queue. Don't sweat it too much, though. Crypto educator Anthony Sassano says this ETH will likely be restaked with new validator keys, meanin' it's probably not gonna be dumped on the market.

现在，关于以太坊验证器出口队列中的潜在峰值引起了一些轰动。不过，不要流汗太多。加密教育家安东尼·萨萨诺（Anthony Sassano）表示，这种ETH可能会被新的验证器钥匙息息相关，这意味着可能不会将其倒在市场上。

Grayscale's Play: Mainstreaming Crypto

灰度的戏剧：主流加密

Grayscale Investments is keepin' busy tryin' to bring crypto products to the masses. They've filed for a Hedera (HBAR) ETF and updates for their Litecoin and Bitcoin Cash trusts. If approved, this could open the doors for more regulated crypto investment options. Hedera, with its hashgraph consensus and enterprise partnerships, is lookin' like a contender. Grayscale's movin' beyond just Bitcoin and Ethereum, signalin' confidence in a wider range of digital assets.

灰度投资正在“忙于tryin”，将加密产品带入大众。他们已申请了Hedera（HBAR）ETF，并为其Litecoin和Bitcoin Cash Trusts提供了更新。如果获得批准，这可能会为更受监管的加密投资选择打开大门。 Hedera及其主题共识和企业合作伙伴关系看起来像竞争者。 Grayscale的Movin'超越比特币和以太坊，对更广泛的数字资产的信心信号。

MYX Finance: Pump and Dump?

Myx Finance：抽水和垃圾场？

MYX Finance (MYX) saw its price jump by 205% in one day, thanks to tradin' volumes on Bitget goin' nuts. This decentralized futures tradin' platform is makin' waves with its "Matching Pool Mechanism." Some folks are callin' foul, sayin' the jump could be from market manipulation. The crypto community is pointin' fingers at deep-pocketed players who can easily squeeze short sellers on tokens with low liquidity. Be careful out there!

Myx Finance（Myx）的价格在一天之内的价格上涨了205％，这要归功于Bitget goin'nuts上的交易量。这个分散的期货传统平台的“匹配泳池机制”是浪潮。有些人称犯规，说“跳高可能是从市场操纵中来的。加密社区的手指是精力耗费的玩家，他们可以轻松地将短卖商挤在流动性低的令牌上。在那里小心！

Disclaimer: This is not financial advice. Always do your own research before investin' in crypto.

免责声明：这不是财务建议。在对加密货币进行投资之前，请务必进行自己的研究。

Wrapping it Up

包装

So, there you have it. Ethereum's makin' moves, ETFs are shakin' things up, and Grayscale's tryin' to bring crypto to everyone. The world of digital assets is never a dull moment. Buckle up, stay informed, and remember to keep it real, New York style!

所以，你有。以太坊的Makin'动作，ETF正在扎成事物，而Grayscale的tryin'将加密货币带给所有人。数字资产的世界绝不是一个沉闷的时刻。系好，保持知情，并记住保持真实的纽约风格！