Ethereum Reclaims $2,000 – But Whale Charts Show More Worries
Ethereum reclaimed $2,000, but indecisive trading by whales and long-term holders suggests continued price consolidation around this level.Summary
Ethereum's price is currently trading around $2,087 after reclaiming the $2,000 level, but it is struggling to build sustained upward momentum due to mixed signals from major holder groups. Ethereum whales (addresses holding 100,000 to 1 million ETH) exhibited significant volatility, selling $2.7 billion worth of ETH between February 9 and 12, only to buy back $2.6 billion within the following 48 hours, creating liquidity without directional bias. Furthermore, long-term holders (LTHs), who had been accumulating since late December 2025, have recently shifted to modest distribution, signaling growing uncertainty. This lack of decisive accumulation from whales and LTHs limits bullish potential, suggesting Ethereum will likely consolidate between the $1,902 support and the major resistance at $2,241 until clear directional conviction emerges from these dominant cohorts.
(Source：BeInCrypto)