bitmine

Ether price stayed at the high of over 2,000 USD due to the crypto market consolidation phase. In the last one week, ETH has gone down by 13 percent leading to a bearish crossover indicating that it has the potential of falling further. At the same time, on Wall Street, the cryptocurrency is still being bought when Vitalik Buterin is selling ETH. Moreover, ETFs of Ethereum are recovering as well.
The ETH Sell-Off of Vitalik vs Wall Street Buying Spree; The Future of Ethereum
The sale of 6,183 ETH by Vitalik Buterin at the beginning of February of 2026 was valued at about 13.24 million USD. The sale was done using the CoW Protocol in small batches such that it did not cause serious shocks in the market. The average price was 2,140 ETH.
This action however does not depict panic or withdrawal of the market. Buterin already stated on January 30, 2026, that he is going to spend the 16,384 ETH that he has in his wallet that is worth roughly 43-45 million of his own money.

The financing will be done to finance open-source projects in the security and privacy technology, AI safety, and biotechnology.
Even following its recent sale to Buterin, Ethereum is of great interest to the Wall Street. BitMine company, which is under the ownership of Tom Lee, has been able to purchase ETH amidst huge losses in the general collapse of the crypto market.
According to recent statistics, BitMine currently has an extra 84 million Ethereum value in its stash and its total stash has now reached 4325734 value ETH worth 9.14 billion. Lee is also optimistic about the future of Ethereum, as it is increasingly finding more uses, and is especially strong in the face of the current difficulties in the market.

Ether funds ETFs recover with 57M in net inflows
U.S. Ethereum spot ETFs recorded the reversal of a negative net inflow of 57.05 million on 9 th February, after three days of negative net outflows.

The inflow was virtually being driven by Fidelity Ethereum Fund (FETH) and Grayscale Ethereum Mini Trust (ETH), which accepted the sums of 67.32 million and 44.62 million, respectively, which were considerable growth contributors.
Will Ethereum Price Hold Just 2000 Price at Weak Momentum?
The ETH price has fallen by 0.14% to reflect a slight dip at $2,044 as at the reporting. Relative Strength Index (RSI) = 41, that is, Ethereum is neutral.
Also, the Chaikin Money Flow (CMF) indicator stands at 0.03, which implies that there was a neutral accumulation of capital.
In terms of the future price levels, the inability to hold on to the support of the price at the $1,900 mark can even put the price to the test downwards, to as low as the price of $1,750.
To the positive side, the possibility of a reclaim of 2,250 would leave the future Ethereum perspective with an opportunity to retest the resistance level of 2,500.
In conclusion, the fact that Vitalik Buterin sold ETH and Wall Street bought it does not mean that there is panic and great institutional support, respectively. Ethereium Spot ETFs show a recovery, and this signifies that more investors are confident. Still, the Ethereum price faces a threat of a volatile situation with significant support levels to be followed.
#WhaleDeRiskETH #ETH #Bitmine

$2,090 Ethereum, filled with 'Requiem of the Undead', are many people already cutting losses, or are they still waiting for the 'extreme low point' at $1,500?
Just the day before yesterday, on February 9th, when market panic reached its peak, BitMine (BMNR) took action. Their executive chairman Tom Lee did not just engage in Twitter rhetoric, but instead invested a whopping 84 million dollars, purchasing 40,000 $ETH in one go.

Tom Lee is frantically buying 84 million dollars
This is quite interesting. People usually pay attention to Tom Lee because he is the 'eternal bull' analyst at Fundstrat, always calling for a rise. But this time is different; this time he is acting as the BitMine operator, betting the company's money on the country's fortune.