Ethereum has demonstrated stronger resilience than Bitcoin in the fourth quarter of 2025, despite increasing capitulation risks. Short-term Ethereum holders are maintaining a profit margin 73% above key cost bases, which has helped reduce selling pressure. In contrast, Bitcoin has experienced net realized losses of $1.3 billion, while Ethereum's losses have been limited to $325 million. Additionally, a $29.7 million Ethereum withdrawal associated with investor Tom Lee indicates growing confidence in Ethereum's recovery potential.