Insider Reveals Real Reason Ethereum Is Down 65% vs Bitcoin Since The Merge

ETH

ETH/USDT

$1,886.84

+0.12%

$1,886.84

+0.12%

(24s)

24h Volume

$1,629,371,288.12

24h H/L

$1,889.00 / $1,877.01

Change: $11.99 (0.64%)

Long/Short

66.9%

Long: 66.9%Short: 33.1%

Funding Rate

+0.0045%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,886.83

▲ 0.22%

Volume (24h): -

Resistance Levels

Resistance 3$2,194.88

Resistance 2$2,047.57

Resistance 1$1,910.65

Price$1,886.83

Support 1$1,882.59

Support 2$1,837.64

Support 3$1,792.05

Pivot (PP):$1,881.75

Trend:Sideways

RSI (14):51.9

Lockridge Okoth

(07:42 PM UTC)

1 min read

Updated byJames Mitchell

0 comments

A pointed critique from inside Ethereum’s developer ranks argues that ether’s 65% slide against Bitcoin (BTC) since the Merge stems from specific execution failures at the Ethereum Foundation, not from broad market cycles or coordination problems.

Reid, an ICO-era participant who still builds on Ethereum (ETH), published the indictment, framing the underperformance as accumulated execution…