According to Crypto Rover, Phase 2 of Ethereum typically begins in the first quarter of the year, marking a traditionally bullish period for altcoins. Traders are advised against bearish positions on altcoins as this period historically aligns with an altcoin season where increased market activity and price appreciation are observed. Source: Crypto Rover's Twitter post on February 7, 2025.

According to @OnchainDataNerd, $mETH holders are set to receive 1,021,155.98 $EIGEN tokens in Phase 2 of the distribution by 0xMantle. Previously, 1,077,480.69 $EIGEN tokens were distributed in Phase 1. $mETH holders have already benefited from multiple airdrops, including Eigen, Karak, and PUFF.