Ethereum Rallies 70% in Q3, But Liquidity Dries Up
Ethereum's native token gained nearly 70% in the third quarter, significantly outperforming Bitcoin's 42% increase. However, analysis indicates that liquidity underlying this rally diminished during the same period.
Ether had a strong third quarter. Its order books did not. Ethereum's native token rose nearly 70% in the third quarter of 2026, comfortably outpacing Bitcoin's roughly 42% gain. But a CoinGecko analysis, cited by CoinDesk on October 5, 2026, said liquidity behind the move got no better.