November 25, 2025

On-Chain Proof: The Crash Was a Bitcoin Panic, Not an Ethereum Collapse

Bitcoin’s violent slide from around $107,000 on November 11 to lows near $81,000 on November 21 has rattled traders across the market.However, new on-chain data shows this was first and foremost a Bitcoin panic, not an Ethereum meltdown.A Tale of Two …

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