After Six Years of Exposure, Two Prime Officially Cuts Ties with Ethereum

Key Notes:

* SEC-approved investment advisor Two Prime is cutting ties with Ethereum ETH after six years, attributing the decision to the token’s « erratic market behavior. »

* The firm will now focus exclusively on Bitcoin BTC amid a surge in bullish sentiment and institutional inflows into the world’s largest digital currency.

* As the second-largest crypto-backed lender in the market via its ETH and BTC lending arm, Two Prime has described Ethereum’s recent behavior as « memecoin-like. »

Two Prime Cuts Ties with Ethereum After Six Years, Attributing Decision to Erratic Price Moves

SEC-approved investment advisor Two Prime is dropping its exposure to Ethereum after six years to concentrate on Bitcoin. The firm, which is also a lender and was the second-largest in the market for both BTC and ETH via its lending arm, has decided to cut ties with the second-largest cryptocurrency due to its « statistical unpredictability. »

The firm’s latest statement discussed how the risk-reward is simply unjustifiable at this point with BTC available as an alternative. The move comes as the ratio of ETH to BTC has fallen to a five-year low, showing just how dramatically the largest altcoin has fallen out of favor in 2025.

The firm’s decision to drop its exposure to Ethereum comes after a period of poor performance by the second-largest cryptocurrency. Despite being a popular investment in recent years, Ethereum has struggled to keep up with Bitcoin’s gains.

The firm’s statement also highlighted the fact that there has been massive buying pressure for Bitcoin. On-chain data reveals a surge in the Taker Buy/Sell Ratio on Binance, climbing to 1.142, the highest in its range, indicating aggressive buying pressure.

As of today’s incomplete data, CryptoQuant shows the Ratio stands at $0.90. This suggests buyers are no longer waiting for dips; they’re chasing the price, further bolstering Bitcoin’s bullish setup.

Moreover, since April 22, all Bitcoin whale cohorts, both short-term and long-term holders, have returned to profit. Younger whales, whose average cost basis was just above $90K, now sit on gains exceeding 7%, with BTC currently trading at $96,638.

Bitcoin Price Analysis: Will BTC Break Out?

Technical indicators on the daily chart below support the bullish narrative. The RSI sits just below the overbought threshold at 69.5, indicating strength while still leaving room for upside. The MACD remains in a clear bullish crossover, with the blue MACD line accelerating above the orange signal line and histogram bars expanding positively.

BTC 1D Chart | Source: TradingView

Fibonacci retracement levels drawn from the $74,611 low to the $96,055 local high show that BTC has decisively reclaimed the 0.236 level at $90,994 and is now consolidating above this zone. This strengthens the case for a continuation towards the $100K psychological level and potentially the next major resistance near $108,000.

However, any bearish pullback would likely find support near the 0.382 Fib level at $87,863 or the stronger confluence zone around $85,533 (0.5 Fib). A break below $80K would invalidate the bullish structure, though current momentum makes that scenario increasingly unlikely.

A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.