According to Lookonchain, the ETH/BTC ratio has fallen to 0.03878, reflecting ETH underperformance versus BTC on the cross pair (source: Lookonchain on X, Sep 2, 2025). According to Lookonchain, the Bitcoin OG’s 886,371 ETH can currently be swapped for only 34,373 BTC at this rate, implying a loss of over 1,600 BTC worth roughly 177 million USD (source: Lookonchain on X, Sep 2, 2025). According to Lookonchain, these on-chain figures confirm BTC’s relative strength versus ETH at the quoted cross rate, a key input for traders managing ETH/BTC exposure (source: Lookonchain on X, Sep 2, 2025).