On-chain analytics indicate that wallets holding between 10,000 and 100,000 ETH accumulated over 520,000 ETH in early February. Ethereum is currently defending support near the $2,000 level, suggesting strategic accumulation by large holders despite retail “Extreme Fear” sentiment readings. $ETH
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Ethereum Whales Accumulate During Market Fear
On-chain analytics indicate that wallets holding between 10,000 and 100,000 ETH accumulated over 520,000 ETH in early February. Ethereum is currently defending support near the $2,000 level, suggesting strategic accumulation by large holders despite retail “Extreme Fear” sentiment readings. $ETH