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According to the joint report of Glassnode and Keyrock, Bitcoin and Ethereum are diverging in two completely different directions:



- Bitcoin is becoming a savings asset like gold, with less trading.
- Ethereum has once again become a dynamic financial system, serving staking, collateralization, and DeFi activities.

🟠 Bitcoin: a store of value
- 61% of the BTC supply has not moved for more than 1 year, with a turnover rate of only 0.6% per day, which is extremely low, indicating that investors tend to hold long-term.
- Bitcoin is now more like gold than currency, becoming a global "store of value."

🔵 Ethereum: high-performance asset
- ETH holders spend three times faster than BTC holders.
1/4 of the ETH is being locked in staking, ETFs, or DeFi, reflecting the actual use role of Ethereum.
- The circulation speed of ETH is twice that of Bitcoin, about 1.3% per day.

Bitcoin is gradually becoming a digital savings bond, while Ethereum is the onchain financial infrastructure.#GateOctTransparencyReportReleased #CoinDeskOctoberGateReportComing $BTC $ETH
BTC-1.83%
ETH-3.54%
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