Ethereum Spot ETF Hype: ETH Whale Activity 64% More Than BTC

On-chain data shows whale activity on the Ethereum blockchain has been quite high recently due to the excitement around the spot exchange-traded funds (ETFs).
Ethereum Whales Showing Significantly Higher Activity Than Bitcoin Ones
According to data from the on-chain analytics firm Santiment, Ethereum whales have been displaying considerable activity recently. The indicator of relevance here is the “Whale Transaction Count,” which keeps track of the total amount of transfers happening