Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

Ethereum Whales Just Loaded ~9 Million ETH — The Squeeze Is On

ETHUSD surged more than $150 following the footsteps of Bitcoin. It is now trading close to $1956.80; its intraday high of $1961.

 

Net accumulating 8.91 million ETH (~9M overall added) from January 27–Feb. 6, 2026, Ethereum whales showed great conviction. Holdings rose from 104.48M to 113.39M ETH (~$18–18.7B at roughly $2,100 average price), absorbing supply as retail panicked amid a 43% collapse and $7.17B leverage flush (OI from $15.9B to $8.73B). Long-term HODLers flipping net positive (e.g., +9,454 ETH on Feb 24) and dwindling exchange reserves indicate supply squeeze and structural bottom; ETH up 3.4% on Feb 25, eyeing $3,000+ on continued buying; however, ETF outflows/macro risks remain.

 

Technicals

CMP -$1956

Trend

1- Hour chart

Value

 

 

55 EMA

$1882

CMP > 55 EMA

Bullish

200- EMA

$1931

CMP > 200- EMA

Bullish

365- EMA

$1998.90

CMP < 365 EMA

Bearish

 

Major support- $1700/$1500. Minor bullishness only above $2050. Any violation above targets $2300/$2380/$2500.

 

Momentum indicator (1-hour chart)

Inference

Value

CCI(50)

Bullish

170.49

ADX

Bullish

Strength increased from 25.46 to

 

 

It is good to buy above $2050 with SL around $1800 for a TP of $2380/$2500.

 

 

 

 

 

 

 

 

 

 

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.