While Bitcoin shows significant strength with a recent surge, Ethereum is struggling to regain its footing after peaking at 2,737 USD, marking a loss of nearly 13%.
As smart capital rotates away from Ethereum, many large holders are cashing out profits, triggering substantial selling pressure and liquidations.
With continued pressure from profit-taking whales, the potential for a larger downturn in Ethereum exists if the trend persists amid Bitcoin’s bullish performance.
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