Daily Market Movers — Thursday, March 26, 2026

Institutions have bought 1.2% of Bitcoin’s total circulating supply in the past 30 days. K33 Research data as of March 25, 2026 shows institutional vehicles—excluding ETFs—accumulated 235,000 BTC since February. On-chain data from Glassnode indicates wallets associated with ETF custodians now hold 1.14 million BTC, up 8.3% from January. Exchange balances are falling faster than at any point since 2021. Per CryptoQuant data, total exchange BTC reserves dropped 4.2% over the past seven days to 2.28 million BTC. That is the steepest weekly decline since October 2021. Meanwhile, retail activity is contracting. CoinGecko data shows spot trading volumes on exchanges without institutional infrastructure fell 19% in March to $87 billion. Ethereum’s underperformance against Bitcoin has reached 18 months. Per Binance daily candlestick data, the ETH/BTC ratio hit 0.032 on March 24, 2026—the lowest level since September 2024. That represents a 34% decline from the ratio’s 12-month high of 0.048 in June 2025. Staking yields are not offsetting capital rotation. DefiLlama data shows total staked ETH grew only 1.2% over the past 90 days to 32.7 million ETH. Meanwhile, net outflows from Ethereum mainnet decentralized exchanges totaled $4.1 billion since January, per DefiLlama volume data. Layer 2 activity is up 47% year-to-date. Base accounts for 63% of that growth. According to L2Beat data as of March 25, 2026, Ethereum L2 networks now process 215 transactions per second. Base alone recorded 4.8 million daily active addresses on March 23, per Dune Analytics data. Solana’s daily active addresses have surpassed Ethereum’s by 320% for five consecutive months. Artemis terminal data shows Solana averaged 2.4 million daily active addresses in Q1 2026. Ethereum mainnet averaged 570,000 over the same period. The gap is narrowing in fees generated. Per DefiLlama revenue data, Solana generated $8.2 million in daily fees on March 24, 2026. Ethereum mainnet generated $12.1 million. That is a ratio of 1:1.5, down from 1:4 in January 2025. Developer commits tell a different story. GitHub data tracked by Electric Capital shows Ethereum ecosystem repositories averaged 2,800 weekly developer commits in February 2026. Solana repositories averaged 890.

Top Gainers Analysis

SuperVerse leads gainers with a 14.9% move to $0.1286 on Binance 24h volume of $7.3M. The catalyst appears tied to the March 24 mainnet launch of its SuperVerse Gaming Hub, which went live with three exclusive titles. Reserve Rights follows at +6.8% to $0.001773 as Binance 24h volume hit $4.4M following the project’s March 25 announcement of a stablecoin audit completion. Ethena rose 4.7% to $0.1009 on $34.9M volume, with on-chain data from Etherscan showing a $28M USDe minting event in the past 24 hours. Celo gained 3.2% to $0.0837 on low $525,033 volume, while TRON added 2.2% to $0.3150 on $36.1M volume as its daily active addresses held at 2.1 million per Tronscan data as of March 26.

Biggest Losers

Notable Losers

Hajimi leads with a 35.0% drop, according to CoinGecko data as of March 26, 2026, with the token now trading at $0.1989. The likely cause is profit-taking following its recent listing momentum, typical for speculative meme coins with thin order books - 1 . Humanity (H) fell 26.3% to $0.08534, per CoinGecko 24-hour figures. This decline coincides with broader weakness across AI-related tokens, with CoinGecko data showing the AI Applications category down 3.2% in the same period - 1 - 5 . Rayls (RLS) dropped 20.5% to $0.02412, according to CoinGecko volume data. The decline follows a March 23 on-chain report from Bubblemaps revealing a single entity controls approximately 50% of the supply, a $1 billion concentration that raises centralization concerns - 1 - 4 . FOLKS slid 18.9% to $11.12, per CoinGecko pricing. The move appears tied to a broader DeFi pullback, with the token's ecosystem facing reduced liquidity following recent protocol updates - 1 . Rekt (REKT) declined 17.7% to $0.06320, according to CoinGecko data. As a meme token with no fundamental catalyst, the drop aligns with a 12.3% decline in the broader Zoo-Themed category over 24 hours, suggesting sector-wide profit-taking - 1 - 5 .

What to Watch

• BTC price action around the $70,067 level — a break above could trigger altcoin momentum
• Fear & Greed Index at 10 — extreme readings often precede reversals
• SuperVerse volume sustainability after today's +14.9% surge
• DeFi TVL trends at $95.9B — watch for capital rotation between chains
• BTC dominance at 56.5% — shifts here signal alt season potential