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Ethereum posted strong quarterly gains while market depth fell against Bitcoin

Ethereum posted strong quarterly gains while market depth fell against Bitcoin Image: CoinGape
Image via CoinGape.

Ethereum gained nearly 70 percent in the third quarter of 2026, outpacing Bitcoin. CoinGecko data shows that Ethereum order book liquidity dropped to between 35 percent and 45 percent of Bitcoin levels. This ratio was at least 60 percent during the comparable period in 2025. Net inflows reached approximately $3.1 billion during the quarter.

Key points

  1. Ethereum posted a gain of nearly 70 percent in the third quarter of 2026.
  2. This ratio was at least 60 percent during the comparable period in 2025.

Why it matters

Thinner order books can lead to higher slippage and can amplify price rallies as buyers chew through sell orders more quickly.

Price context · ETH

At publication
$2,723.69
Now
$2,303.48
Change since
−15.43%
7 days

Sources · 2 publishers

Crypto Briefing Tier 2 First report
Ethereum surges nearly 70% in Q3, but its order books thin out against Bitcoin
CoinGape Tier 2
Ethereum Outruns Bitcoin in Q3 With 70% Gain, But Order-Book Depth Shrinks Sharply

Coverage timeline

  1. First reported by Crypto Briefing
  2. Also reported by CoinGape
  3. CryptoVideos brief published
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error

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