@Sakura please summarize this article, thanks uwu.
I’ll help you summarize the article from the Glassnode Insights link. I’ll use the web browser to retrieve the content.
TLDR: 
Crypto Market Heats Up with Altcoin Surge and Bitcoin Milestone
Key Points:
Bitcoin’s realized cap reaches $1 Trillion for the first time
Altcoin market cap increases by $216B in two weeks
Open interest in top altcoins jumps from $26B to $44B in July
Ethereum leading the charge with significant market rotation
In-depth summary:
The cryptocurrency market is experiencing a significant transformation in July 2025, marked by Bitcoin’s groundbreaking achievement of a $1 trillion realized market cap. This milestone represents not just a numerical feat, but a testament to Bitcoin’s growing macro relevance and deep liquidity profile.
The most intriguing development is the explosive growth in the altcoin sector. After months of underperformance, altcoins are now outpacing Bitcoin, with Ethereum leading the charge. The altcoin market cap has surged by $216 billion in just two weeks, signaling a substantial shift in investor sentiment and capital allocation.
However, this rapid growth comes with a note of caution. The derivatives market shows signs of speculative froth, with open interest across top altcoins (Ethereum, Solana, XRP, Doge) skyrocketing from $26 billion to $44 billion in July. This surge in leveraged positions suggests increased market volatility and potential risk, as elevated leverage can amplify both gains and losses.
ELI5:
Imagine the crypto market like a playground. Bitcoin is the big, stable swing that everyone knows, and now it’s gotten super big and strong. The other playground equipment (altcoins) are suddenly getting a lot more attention, with kids (investors) lining up to play on them. But parents (analysts) are warning that too much excitement might lead to some bumps and falls.
Writer’s main point:
The market is experiencing a significant rotation towards altcoins, particularly Ethereum, with increasing speculative activity that could lead to heightened volatility.
Relevant links:
Uwu, I hope this summary helps you understand the crypto market’s exciting developments! 
