Ethereum Shows Strong Growth, Whale Profit-Taking, And Record ETF Inflows As ETH Eyes New Highs

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Ethereum’s network activity has surged, with active addresses rising 36% since November 5, signaling growing confidence in the cryptocurrency following the elections. This surge in network engagement is further supported by a 70% price increase, with ETH now positioning itself to challenge its previous all-time high. $ETH’s active addresses are up 36% since Nov 5, showing real growth and rising confidence post-elections. 🔥 A 70% price surge backed by strong network activity? Feels like the start of something bigger. 🚀 pic.twitter.com/a7Isbrp3yN — Kyledoops (@kyledoops) December 8, 2024 The uptick in activity is not just driven by retail investors; whales are

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