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Bathymark
Dark blue sea water seen from above.

Where capital sits

Ethereum is losing water at the edge

Chain · now holds $36.77B. Chain share is a map of where capital is willing to rest this week.

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Capital is not loyal to a chain. It rests where the water is deep enough.

Where capital sits. $1.83B drained off Ethereum this week, the chain -4.8% thinner. Chain · now holds $36.77B.

Capital is not loyal to a chain. This is where it moved the deposits this week, nothing more and nothing less.

The read changes when the move broadens across applications, not just the chain headline number.

What this cannot mean: it is not a price forecast, and it is not a recommendation. It is a depth reading, one observable change in where liquidity, demand, leverage, attention, or cash stress sits right now.

The number behind this reading is one click away, and it updates with the open data it is drawn from.