Ethereum Outperforms Bitcoin by 42.71% in Q3

Ethereum recorded a 70.8% increase in Q3, its strongest quarterly performance this year, significantly outpacing Bitcoin. While historical data suggests lower median returns for Q4, large holders are adjusting their positions, with a wallet linked to co-founder Joseph Lubin moving 133,298 ETH worth $356.2 million. Other whale activity includes a $40.6 million ETH long position paired with a $33.62 million Bitcoin short, reflecting a strategic shift toward Ethereum's relative strength.