Key Insight
Ethereum fell 20% in February, closing sixth red month
2.5 million ETH moved into accumulation addresses
$2 billion in shorts cluster above $2,200
Ether opened the week below $2,000 after a 20% February decline, extending its losing streak across recent months. The drop placed ETH into its sixth consecutive monthly close in the red, deepening pressure on sentiment. Traders now weigh rising accumulation and tightening supply against elevated leverage in derivatives markets.
Ethereum price action reflected broader fragility across altcoins, yet on-chain data pointed to steady long-term positioning. The Ethereum network recorded stronger usage metrics even as exchange liquidity shifted. That divergence kept Ethereum price at the center of short-term volatility discussions.
Accumulation Builds Despite Exchange Liquidity Drain
CryptoQuant data showed that accumulation addresses added more than 2.5 million ETH in February. Total holdings in those wallets climbed to
We współpracy z: https://www.thecoinrepublic.com/2026/02/17/ethereum-under-2k-as-2b-shorts-face-liquidation/
