• bitcoinBitcoin (BTC) $ 115,948.00
  • ethereumEthereum (ETH) $ 2,948.10
  • tetherTether (USDT) $ 0.999990
  • xrpXRP (XRP) $ 2.55
  • bnbBNB (BNB) $ 690.04
  • solanaSolana (SOL) $ 164.50
  • usd-coinUSDC (USDC) $ 0.999812
  • dogecoinDogecoin (DOGE) $ 0.195663
  • tronTRON (TRX) $ 0.294596
  • staked-etherLido Staked Ether (STETH) $ 2,946.03
  • cardanoCardano (ADA) $ 0.680898
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 115,828.00
  • hyperliquidHyperliquid (HYPE) $ 43.93
  • wrapped-stethWrapped stETH (WSTETH) $ 3,559.82
  • suiSui (SUI) $ 3.47
  • chainlinkChainlink (LINK) $ 15.30
  • bitcoin-cashBitcoin Cash (BCH) $ 518.52
  • stellarStellar (XLM) $ 0.302596
  • avalanche-2Avalanche (AVAX) $ 20.79
  • leo-tokenLEO Token (LEO) $ 9.03
  • hedera-hashgraphHedera (HBAR) $ 0.193848
  • wrapped-eethWrapped eETH (WEETH) $ 3,158.26
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • wethWETH (WETH) $ 2,947.58
  • usdsUSDS (USDS) $ 0.999661
  • the-open-networkToncoin (TON) $ 2.95
  • litecoinLitecoin (LTC) $ 95.01
  • whitebitWhiteBIT Coin (WBT) $ 46.63
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • moneroMonero (XMR) $ 329.79
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 115,971.00
  • polkadotPolkadot (DOT) $ 3.88
  • bitget-tokenBitget Token (BGB) $ 4.55
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • pepePepe (PEPE) $ 0.000012
  • uniswapUniswap (UNI) $ 8.41
  • aaveAave (AAVE) $ 306.94
  • pi-networkPi Network (PI) $ 0.503317
  • daiDai (DAI) $ 0.999749
  • bittensorBittensor (TAO) $ 375.70
  • aptosAptos (APT) $ 4.89
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • nearNEAR Protocol (NEAR) $ 2.53
  • crypto-com-chainCronos (CRO) $ 0.097076
  • okbOKB (OKB) $ 49.10
  • internet-computerInternet Computer (ICP) $ 5.43
  • jito-staked-solJito Staked SOL (JITOSOL) $ 199.98
  • ondo-financeOndo (ONDO) $ 0.896644
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • ethereum-classicEthereum Classic (ETC) $ 18.44
  • susdssUSDS (SUSDS) $ 1.06
  • kaspaKaspa (KAS) $ 0.086132
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • cosmosCosmos Hub (ATOM) $ 4.66
  • mantleMantle (MNT) $ 0.628273
  • vechainVeChain (VET) $ 0.024161
  • ethenaEthena (ENA) $ 0.318816
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.223989
  • arbitrumArbitrum (ARB) $ 0.403850
  • official-trumpOfficial Trump (TRUMP) $ 9.82
  • gatechain-tokenGate (GT) $ 16.24
  • fasttokenFasttoken (FTN) $ 4.46
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.738147
  • render-tokenRender (RENDER) $ 3.68
  • algorandAlgorand (ALGO) $ 0.214859
  • bonkBonk (BONK) $ 0.000024
  • worldcoin-wldWorldcoin (WLD) $ 1.07
  • skySky (SKY) $ 0.083974
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,951.16
  • sei-networkSei (SEI) $ 0.318983
  • filecoinFilecoin (FIL) $ 2.59
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 115,676.00
  • quant-networkQuant (QNT) $ 115.20
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.73
  • binance-staked-solBinance Staked SOL (BNSOL) $ 174.04
  • spx6900SPX6900 (SPX) $ 1.65
  • jupiter-exchange-solanaJupiter (JUP) $ 0.486958
  • usdtbUSDtb (USDTB) $ 0.999538
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998066
  • kucoin-sharesKuCoin (KCS) $ 11.36
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,088.24
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,358.17
  • usdt0USDT0 (USDT0) $ 1.00
  • celestiaCelestia (TIA) $ 1.87
  • fartcoinFartcoin (FARTCOIN) $ 1.31
  • nexoNEXO (NEXO) $ 1.27
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.019171
  • injective-protocolInjective (INJ) $ 12.24
  • xdce-crowd-saleXDC Network (XDC) $ 0.072689
  • flare-networksFlare (FLR) $ 0.016856
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.78
  • optimismOptimism (OP) $ 0.663691
  • blockstackStacks (STX) $ 0.745630
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,147.74
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,096.58
  • sonic-3Sonic (S) $ 0.339836
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 115,714.00
  • dogwifcoindogwifhat (WIF) $ 1.05
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,105.20
  • story-2Story (IP) $ 3.44
  • flokiFLOKI (FLOKI) $ 0.000102
  • tokenize-xchangeTokenize Xchange (TKX) $ 12.76
  • the-graphThe Graph (GRT) $ 0.097566
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 115,727.00
  • pax-goldPAX Gold (PAXG) $ 3,329.57
  • kaiaKaia (KAIA) $ 0.158376
  • immutable-xImmutable (IMX) $ 0.492034
  • wbnbWrapped BNB (WBNB) $ 690.94
  • clbtcclBTC (CLBTC) $ 117,048.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999383
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.50
  • vaultaVaulta (A) $ 0.544838
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 184.76
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,184.73
  • curve-dao-tokenCurve DAO (CRV) $ 0.607209
  • tether-goldTether Gold (XAUT) $ 3,328.18
  • msolMarinade Staked SOL (MSOL) $ 215.10
  • theta-tokenTheta Network (THETA) $ 0.797585
  • galaGALA (GALA) $ 0.017011
  • lido-daoLido DAO (LDO) $ 0.842794
  • raydiumRaydium (RAY) $ 2.72
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.99
  • iotaIOTA (IOTA) $ 0.182178
  • ousgOUSG (OUSG) $ 111.75
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.74
  • the-sandboxThe Sandbox (SAND) $ 0.287508
  • memecoreMemeCore (M) $ 0.442481
  • jasmycoinJasmyCoin (JASMY) $ 0.014198
  • jito-governance-tokenJito (JTO) $ 1.97
  • zcashZcash (ZEC) $ 42.03
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998250
  • aerodrome-financeAerodrome Finance (AERO) $ 0.785409
  • super-oethSuper OETH (SUPEROETH) $ 2,945.45
  • pendlePendle (PENDLE) $ 4.01
  • pyth-networkPyth Network (PYTH) $ 0.113991
  • bittorrentBitTorrent (BTT) $ 0.00000065
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,141.73
  • wrapped-hypeWrapped HYPE (WHYPE) $ 44.10
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • tezosTezos (XTZ) $ 0.593086
  • saros-financeSaros (SAROS) $ 0.235514
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,073.84
  • newton-projectAB (AB) $ 0.009127
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 115,336.00
  • tbtctBTC (TBTC) $ 115,747.00
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,946.70
  • flowFlow (FLOW) $ 0.372536
  • usual-usdUsual USD (USD0) $ 0.997751
  • decentralandDecentraland (MANA) $ 0.303115
  • based-brettBrett (BRETT) $ 0.057824
  • mog-coinMog Coin (MOG) $ 0.000001
  • walrus-2Walrus (WAL) $ 0.411129
  • banana-for-scale-2Banana For Scale (BANANAS31) $ 0.055091
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 115,938.00
  • falcon-financeFalcon USD (USDF) $ 0.999270
  • syrupMaple Finance (SYRUP) $ 0.506111
  • morphoMorpho (MORPHO) $ 1.69
  • coredaoorgCore (CORE) $ 0.537611
  • thorchainTHORChain (RUNE) $ 1.52
  • apecoinApeCoin (APE) $ 0.664693
  • bitcoin-svBitcoin SV (BSV) $ 26.27
  • staked-hypeStaked HYPE (STHYPE) $ 44.07
  • ripple-usdRipple USD (RLUSD) $ 0.999702
  • starknetStarknet (STRK) $ 0.139492
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.195327
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,947.57
  • chain-2Onyxcoin (XCN) $ 0.014447
  • true-usdTrueUSD (TUSD) $ 0.998916
  • heliumHelium (HNT) $ 2.61
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008167
  • venomVenom (VENOM) $ 0.226974
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004697
  • conflux-tokenConflux (CFX) $ 0.091591
  • dydx-chaindYdX (DYDX) $ 0.619322
  • stader-ethxStader ETHx (ETHX) $ 3,134.70
  • kavaKava (KAVA) $ 0.417617
  • compound-governance-tokenCompound (COMP) $ 48.02
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999801
  • usddUSDD (USDD) $ 1.00
  • dexeDeXe (DEXE) $ 7.85
  • ether-fiEther.fi (ETHFI) $ 1.20
  • apenftAPENFT (NFT) $ 0.00000045
  • beldexBeldex (BDX) $ 0.061516
  • neoNEO (NEO) $ 6.24
  • elrond-erd-2MultiversX (EGLD) $ 15.22
  • deepDeepBook (DEEP) $ 0.173417
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.37
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,250.11
  • build-onBUILDon (B) $ 0.416467
  • aioz-networkAIOZ Network (AIOZ) $ 0.349334
  • zksyncZKsync (ZK) $ 0.057685
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • axie-infinityAxie Infinity (AXS) $ 2.47
  • arweaveArweave (AR) $ 6.22
  • ecasheCash (XEC) $ 0.000020
  • usdbUSDB (USDB) $ 0.991066
  • telcoinTelcoin (TEL) $ 0.004364

Ethereum (ETH) Headed for Worst February With 23% Drop: Details

0 36

Ethereum (ETH) Headed for Worst February With 23% Drop: Details

Ethereum, the second largest cryptocurrency by market capitalization, could be heading for its worst February, with prices already down 23% this month. Historically, February has been bullish for ETH, with only one red month in 2018. However, this year seems to be shaping up as an exception, as ETH struggles under intense market pressure and macroeconomic uncertainty.

At the time of writing, ETH was down 12% in the last 24 hours to $2387, mirroring a broader market sell-off. Bitcoin fell to $87,611, its lowest level since Nov. 15. Other cryptocurrencies also plummeted, with Ethereum, XRP and Solana down sharply for the session.

$ETH could be heading for its worst February if it drops below $2400. ?

Historically, February has been bullish for ETH, with only one red month in 2018. But with a 23% drop already, this could be another exception.

Macroeconomic uncertainty, including new tariffs from the… pic.twitter.com/YyW5ZhIv7V

— Spot On Chain (@spotonchain) February 25, 2025

According to CoinGlass data, more than $1.34 billion in bullish crypto positions were liquidated on derivatives markets in the last 24 hours. Per Spot On Chain, if ETH falls below $2,400, it could experience deeper losses, culminating in its worst February on record. With ETH trading below this key level, the focus is on where the price of ETH will go next.

What indicators and analysts suggest

According to Ali, a crypto analyst, one of the most critical support levels for Ethereum now sits at $2,300.

According to a recent Glassnode analysis, the ETH Cost Basis Distribution (CBD) shows multiple cost bases have been moving lower, indicating investors have been accumulating on the way down. Accumulation zones show key support at $2,632, with 786,660 ETH held at this level and resistance at $3,149, where 1.22 million ETH are being held. This trend suggests that investors are averaging down, accumulating ETH at lower prices rather than completely exiting positions.

In a recent tweet, CryptoQuant CEO Ki Young Ju shares some bullish thoughts on ETH.

First, there is no significant sell pressure post-Bybit hack as on-chain and market data remain neutral. Exchange selling takes time, and OTC offloads have little effect on the price.

Second, Ethereum controls 56% of the stablecoin market cap, with the possibility that firms may use ETH-based stablecoins and smart contracts more in 2025 due to a favorable regulatory outlook.

With the Ethereum spot ETF already in place, the CryptoQuant CEO predicts regulatory tailwinds that could trigger a “Large Cap ETF altseason,” boosting ETH this year.

Lastly, whales are accumulating; 10,000-100,000 ETH wallet balances are up 24% over the past year, mainly from wallets under 1,000 ETH. The current price is nearing the cost basis of accumulating addresses.

Source

Leave A Reply

Your email address will not be published.