Data: ETH Whale Address Accumulates 2.5 Million ETH in February, $2,000 Level Gathers Over $2 Billion in Short Positions
BlockBeats News, February 25th, CryptoQuant data shows that the average size of whale sell orders on Binance has dropped from around 2,250 ETH in early January to around 1,350 ETH recently. With an estimated 15 to 35 whale-level trades per day, the cumulative sell-off volume since January 8th is about 1.8 million to 2 million ETH. Calculated at an average price of $2,400, this corresponds to a large-scale transaction volume of about $4.3 billion to $4.8 billion.
Analyst Darkfost stated that the decrease in the average order size indicates that "large participants are gradually exiting," while small-scale traders continue to maintain stable trading volumes, and big players are reducing direct interaction with the order book. This shift has temporarily weakened market depth, reducing ETH's ability to cope with short-term price imbalances.
At the same time, during a 20% price drop in February, ETH accumulation addresses increased their holdings by over 2.5 million ETH, with total holdings rising from 22 million ETH at the beginning of the year to 26.7 million ETH, demonstrating stable demand beneath the surface.
Derivatives market liquidation data shows that there is over $2 billion in short positions near $2,000, forming a dense liquidity area that may serve as a short-term attraction zone for ETH prices. If ETH falls below $1,600, about $682 million in long positions will face risks.
You may also like
$10,000 in TRUMP Token vs. $10,000 in Nasdaq: The "Trump Trade" That Actually Worked in 2026
Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S
The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition
Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy
Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness
Strategy Founder: The Next 10 Years of Bitcoin
Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet
A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?
340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by
Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play
Cape Verde 2-3 Argentina: The Underdog Team That Stunned the World in Defeat
Cape Verde's run ended in a 3-2 defeat to Argentina, but their journey — three unbeaten draws, one heroic goalkeeper, and a fight that pushed the defending champions to the brink — is the kind of story markets recognize too: small caps can rattle blue chips long before anyone expects it.
Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip
Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed
Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions
A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI
When American giants collectively "defect" from Chinese AI models
BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"
Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected
Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.
