Bitcoin (BTC) has outperformed Ethereum by over 85% in realized market capitalization development, in keeping with knowledge supplied by on-chain analytics platform Glassnode on April 10.
As such, Bitcoin has not solely dominated Ethereum as the biggest cryptocurrency by market capitalization, however has additionally flipped Ethereum of their complete invested capital, represented as realized capitalization.
This knowledge comes amid a unstable market scenario which noticed main cryptocurrencies displaying blended alerts as they returned to the pink zones after experiencing vital rallies throughout the day prior to this.
In line with CoinMarketCap knowledge, Bitcoin has decreased by 3.50% to $79,563.20 over the past 24 hours. In the meantime, Ethereum hit the deepest droop with over 8% lower in worth, with the coin buying and selling at $1,516 as of press time.
Bitcoin investor profitability hits historic stretch
The information reveals that Bitcoin’s realized capitalization has grown by an enormous $468 billion, a major improve of over 117% because the stunning FTX crash in November 2022.
Nevertheless, Ethereum then again has solely seen its realized capitalization develop by $61 billion, marking a couple of 32% surge because the similar interval.
The metric, which measures the precise capital move of the cryptocurrencies, represents the buildup of the worth of every coin on the worth it final moved on-chain. As such, the metric means that Bitcoin has retained buyers’ confidence over Ethereum regardless of latest volatilities.
In line with the chart shared by Glassnode, each Bitcoin and Ethereum have skilled constructive development on this metric. Though Ethereum additionally noticed a good development in capital inflows, its development lags behind Bitcoin which noticed a fast improve of over 117% in about two years.
With Bitcoin retaining buyers’ bullish conduct for a number of months, Glassnode additional highlighted Bitcoin’s dominance in investor profitability, with the asset sustaining greater investor profitability than Ethereum for 812 consecutive days.
With this marking the longest stretch ever recorded, the info reveals that the common Bitcoin holder is in revenue. In the meantime, Ethereum’s market worth to realized worth (MVRV) has fallen under 1.0 since March 2025, suggesting that the common investor in Ethereum is now underwater.