When comparing Ethereum and Bitcoin, the risk vs. reward for Ethereum appears more attractive at the moment. A whale recently purchased over $435 million worth of ETH in the last two weeks, indicating growing interest in the cryptocurrency.

After experiencing a sharp sell-off due to geopolitical concerns, Ethereum bounced back to the $2,500 level. Despite the volatility, the crypto market tends to recover after significant drops, with ETH leading the way in terms of percentage recovered compared to Bitcoin.

Investors are showing more willingness to engage with Ethereum due to its attractive risk vs. reward profile. Key metrics like the Sharpe Ratio and Normalized Risk Metric (NRM) suggest that Ethereum is delivering better rewards per unit of volatility, making it a more stable option than Bitcoin.

Although Ethereum faced a 19% drop in Open Interest on Binance and a price correction to below $2,500, historical data indicates that such events are often followed by a recovery. As long as risk-to-reward statistics remain positive, there is a possibility of Ethereum outperforming Bitcoin in the near future.

However, any potential turnaround for ETH will depend on stabilizing macro-sentiment and institutional flows. Continuous support area regains on a volume basis will be crucial for confirming a reversal in Ethereum's performance compared to Bitcoin.