Santiment: Expected growth during Bitcoin's current bull market could redistribute profits to Ethereum
Santiment posted an analysis saying that the current price of Ethereum is around $3,120, finally showing growth momentum, and it has basically maintained the second position in the market capitalization of cryptocurrencies for the past eight years. Whale trading data shows a significant increase in the activity of key stakeholders of Ethereum. Activity at these addresses has also helped ETH reach its recent 14-week high. In addition, ETH trading volume has also climbed to $10.40 billion in recent days. It is expected that the growth during the current bull market of Bitcoin may redistribute profits to Ethereum and possibly drive it to a record high. At the same time, its network activity looks very healthy.