Santiment: The expected growth of Bitcoin during this bull market may lead to a redistribution of profits to Ethereum

ChainCatcher message, Santiment's post-analysis states that the current price of Ethereum is around $3120, finally showing signs of growth, maintaining its position as the second-largest cryptocurrency by market capitalization for the past eight years.

Whale trading data indicates a significant increase in the activity of key stakeholders in Ethereum, and this activity has also helped ETH reach a recent 14-week high. Additionally, ETH trading volume has recently surged to $10.4 billion. It is expected that the growth during this Bitcoin bull market may redistribute profits back to Ethereum, potentially driving it to set a new all-time high, while its network activity appears to be very healthy.