📈 #Ethereum's price dominance continues to surge against #Bitcoin's, now +22.4% in a week. During this stretch, there have been 89.4K new $ETH addresses created per day, and 96.3K wallets just yesterday. Additionally, the 2nd largest market cap asset's supply on exchanges is getting close to reaching its #AllTimeLow (since the opening week of trading) of 8.05%.

Movement to self custody & staking implies less risk of an impending selloff, as opposed to a more concerning rising supply on exchanges would.