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Meanwhile, their Dogecoin ETF decided to play the dark horse and completely ignore the bearish grumbles from the peanut gallery, outperforming expectations like a golden retriever fetching a championship 🐶🏆. Together, these breakout stars might just prove that the altcoin ETF party has only just begun.

CryptoQuant, that most persnickety of data firms, hath noted a most alarming trend: the unrealized profits of Ethereum wallets holding between 10,000 and 100,000 ETH have soared to levels not seen since November 2021, when ETH danced upon its lofty perch. One might imagine these mid-sized whales-those esteemed holders of digital wealth-now resembling a gaggle of matrons at a ball, all clutching their fan-folded fortunes with trembling hands. The parallels to the last cycle’s peak are striking, as if history were a well-worn novel with a predictable plot and a dash of drama.