Bitcoin Stalls at Key Support Level, Ethereum Dominates as Whales Buy

Despite recent attempts to regain momentum, Bitcoin’s price has stalled around the crucial $112,000 support level. If it breaks this critical threshold, a further decline towards $108,000 seems likely. In contrast, Ethereum continues to gain ground as whales strategically accumulate more of this digital asset. 55,039 ETH worth $237 million and a massive long position of 135,265 ETH valued at $577 million point towards a decisive shift in capital allocation.