The myth vs. reality of the 1:32 BTC/ETH ratio

Actually title. I notice that most time 1 BTC trades around 31-33 ETH, which is roughly one eth node. Is is just coincidence?

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u/Feeling_Temporary625 1 5 days ago

always thought it was kinda funny that ratio lines up with a validator stake like the universe is trolling us or something
u/DoctorDownvotesDelux 1 5 days ago

We should test it by raising the cost of an eth node
u/Budget_Dragonfruit89 OP 1 5 days ago

It seems to me that eth is following btc, not the opposite
u/DebtSmart 1 5 days ago

so we will hit 10k eth when btc is 320k nice