Ethereum dominance surges 25% in Q3 as ETH/BTC ratio climbs
Ethereum (ETH)
Editor:
Eugene Serbin
ambcrypto.com reports that Ethereum’s dominance has risen by over 25% quarter-over-quarter, marking its strongest quarterly increase since Q3 2025. This surge coincides with Bitcoin’s dominance growing by just 1.5% as the asset approached $80k resistance, indicating a rotation into higher beta assets. The ETH/BTC ratio is also up over 25% in Q3, though it remains in the 0.03 resistance area where a further move higher is needed to confirm strong bullish rotation.
Bitcoin’s True Market Mean Price is gradually approaching $76,921.27, a level that could trigger selling pressure and unlock fresh exchange deposits. Such dynamics would provide the necessary space for capital to rotate into Ethereum. One analyst expects Ethereum to outperform Bitcoin once the market flips to risk-on driven by on-chain and technical factors.
Ethereum’s Q3 ROI is nearing 60%, sitting just shy of its Q3 2025 record of over 66%. If ETH breaks that level, it would mark its strongest quarter on record. The rise is driven not only by Bitcoin’s weakness but also by increased appetite for the altcoin itself. Recent ETF inflows further support this setup as investors seek higher returns.
How the market reacted
Whalio's own Binance spot order flow for ETH, measured when this story was written up on 14 September 2026. Not the outlet's figures.
Whalio spot data shows Ethereum trading at $2,477.10 with a 1-hour buy ratio of 49.8% and a 4-hour buy ratio of 53.9%. These short-term readings are higher than the 24-hour buy ratio of 44.4%, suggesting that buying pressure is building in the immediate term. The 1-hour volume delta is negative at -$71,658, while the 4-hour volume delta is positive at +$8,784,422, indicating that larger timeframes are seeing net inflows despite recent hourly outflows. The 24-hour volume delta is -$60,169,818, showing that over the full day, selling has outweighed buying. However, the CVD for the 24-hour close is positive at +$2,318,382, meaning that cumulative buying pressure has been stronger than selling pressure over the day. Net buying occurred for 10 of the last 24 hours, with a total spot volume of $540,073,947 recorded.
The latest daily buy ratio of 46.8% sits at the 16th percentile of the last 322 days, against a median of 49.5% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for ETH, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 48.6%, making today’s 24-hour ratio of 44.4% 4.2 percentage points lower than the weekly average. Volume on this day was 0.70x the weekly average, indicating significantly lower trading activity compared to the norm. Only 1 of the past 7 days saw net buying, highlighting that this is an unusual day for accumulation relative to the recent trend. The 8-day price change was -1.5%, with a total volume delta of -$178,422,833 for the period. This contrasts with the current day’s volume delta of -$60,169,818, showing that while selling pressure persists, the daily outflow is a fraction of the weekly total.