NewsBTC •
February 24, 2026 at 20:20 •
Analysis
The Ethereum price is hovering near a critical long-term zone as whales reshuffle billions of dollars in holdings, adding fresh uncertainty to an already fragile market. While price action remains weak in the short term, analysts say the asset has returned to a historical accumulation range. Related Reading: Here’s What’s Driving The Bitcoin Price Crash Toward $60,0000 Recent on-chain activity shows a surge in whale transfers, liquidations, and strategic repositioning, all unfolding as Ethereum (ETH) struggles to defend support near the $1,800 level, a price area many traders now view as decisive for the next market direction. XRP's price trends to the downside on the daily chart. Source: XRPUSD on Tradingview Ethereum Price Tests Long-Term Demand Zone Market analyst...
