According to Skew Δ (@52kskew) on Twitter, Ethereum (ETH) trading volume has surpassed Bitcoin's (BTC) in the past 24 hours, a rare occurrence that historically signals increased strength in altcoins. Reported metrics include a Volume-to-Market Cap Ratio (VMR) of 0.34, meaning 34% of ETH's market cap was traded, an Open Interest to Market Cap ratio (OI/MCap) of 4.33%, and an OI/Volume ratio of 0.1272, indicating for every $1 in open interest, over $7 was traded in volume. These data points highlight heightened trading activity and liquidity in ETH markets, suggesting an attractive environment for altcoin traders. The surge in Ethereum activity may also impact broader crypto sentiment, with potential spillover into other high-cap altcoins, providing actionable insight for traders seeking volatility and liquidity (Source: @52kskew, Twitter, May 9, 2025).