The Currency analytics
By Julie Binoche
Ethereum got crushed. The second-largest cryptocurrency by market cap fell below the critical $2,000 level last week and can't seem to climb back up, leaving major investors…
The selloff has been brutal for anyone who bought ETH at higher prices over the past year. BitMine, which holds the largest Ethereum treasury among public companies, now sits on…
On-chain analyst CW8900 pointed out something interesting about accumulation addresses that have been active since June 2025.
Bloomberg Intelligence's James Seyffart noted the ETF situation mirrors what happened in April 2025.
But some whales aren't giving up. Not yet.
BitMine doubled down on its Ethereum bet by purchasing another 40,000 ETH and staking 140,400 ETH, bringing their total staked holdings to 2.97 million ETH.
Trading activity tells its own story too. CryptoQuant researcher Alex Kim noted on February 10 that ETH's trading volume dropped 20% compared to January levels.
Binance CEO Changpeng Zhao mentioned on February 8 that user queries about Ethereum jumped 15% on their platform, even as prices kept falling.
Some smaller funds are feeling the heat more than the big players. Altana Digital Currency Fund cut their Ethereum exposure by 10% over the past week, trying to reduce risk as…
Glassnode data from February 12 showed Ethereum's active address count rose 5% over the past week, suggesting network activity remains fairly steady despite the price problems.
Industry analyst Tom Lee from Fundstrat Global Advisors thinks current levels might be a buying opportunity for patient investors.
Pantera Capital kept their Ethereum holdings unchanged in their latest portfolio update from February 11.
ETH needs to reclaim that $2,000 level and hold it to show any real strength. For now, major holders are basically betting on a future recovery while sitting on massive paper…
The broader cryptocurrency market hasn't provided much support for Ethereum's struggles either.
Several major DeFi protocols built on Ethereum have also felt the pressure from falling ETH prices. Uniswap's total value locked decreased by $2.