Ethereum (ETH) is still below $2,700 despite Bitcoins’ resilience. The broader crypto-market and other top altcoins are also on the rise. Investors seem to be ignoring concerns about China’s DeepSeek artificial-intelligence advances and U.S. Trump’s tariffs.
Cryptoeq’s data shows that although the performance of major altcoins remains unimpressive, it could improve as traders begin to feel more positive.
Ethereum prices are still falling despite a bullish trend in on-chain metrics
Ethereum’s According to data collected by intelligence tracking company Santiment, the number of Ethereum holders has been steadily increasing. The number of Ethereum owners grew to 138.98 millions on Tuesday. This represents an increase of almost 500,000. Ether In the past seven days, holders have increased their holdings. The altcoin is a good investment.
Between Jan.30 and February 8, the Network Realized Profit/Loss Metric, which measures net profits or losses of Ether tokens that are moved each day, had large negative spikes.
A high number of traders who are selling ETH for a loss can be interpreted as a sign capitulation. Ethereum traders could be trading their ETH in exchange for stablecoins and other cryptocurrencies. This would indicate a possible price recovery.
The Ethereum token supply, held by large investors or whales (excluding exchange wallets), has risen nearly half a milion ETH in February 2025.
The latest metrics from traders of derivatives show a shift in sentiment towards “bullish.” After many negative spikes, the aggregated funding rate across all derivatives exchanges became positive. Open interest is the total value or open interest of all derivative contracts. Ether According to Santiment’s data, the total grew to $8.03billion.
Derivatives investors expect a price recovery for Ethereum.
Whales collect Ether as institutions hesitate: bull case
Farside Investors U.S. Spot Exchange Traded Fund Flows show no notable inflows or outflows. Ether In the last four days, ETFs have experienced a significant outflow of $22.5 million. As shown in the following table, Ethereum ETFs experienced $22.5 million of outflows on February 10.
The whales are off-exchanges, and the accumulation is more. EtherInstitutional interest in Spot Ether is not growing. The altcoin is therefore considered to be bearish. Ethereum Bitcoin (BTC), which is the biggest cryptocurrency by far, faces an uphill fight when it comes time to adopting Bitcoin in institutions.
Lookonchain shows that institutional interests is slowly changing with 514,00 in net inflows as of the writing date on Tuesday, February 11th.
Experts claim that Ethereum has a strong value proposition
Marcin Kazmierczak, Co-founder & COO of blockchain startup RedStone told Crypto.news in an exclusive interview:
While ETH’s price fluctuates with the broader market sentiments, its value proposition is still incredibly strong. It has become a highly sophisticated financial system, with Layer 2 networks such as Arbitrum, Base and zkSync processing more than $30 billion of daily transactions.
Short-term price movements often overshadow the network’s growing adoption – from institutional participation in liquid staking to the scaling solutions handling millions of daily transactions. Ethereum’s future trajectory will be determined by the ecosystem, not temporary reactions to market fluctuations. It is possible for ETH to drop below $2,000. However, this will depend on how volatile the crypto markets are and where we stand today.
Bear Case: Ether plateaux as Bitcoin is the focus of institutional attention
The Block data shows that The percentage of ETH Staked Ethereum contract’s staked has fallen to 27%. It is returning to levels that were last seen in August 2024. The staking contract for Ethereum has dropped to 27%, the lowest level since July 2024.
Currently 33.5 Million ETH is staked to ensure that Ethereum remains safe despite the current decline.
Ethereum’s importance to DeFi and NFT networks it supports is crucial, despite the fact that institutions are shifting their focus towards Layer 2 protocols. Ether stakes have likely been reduced due to the increasing opportunities of earning yields and receiving airdrops across Layer 2 chains.
Ether stakes are changing, and this presents opportunities as well as challenges to the network. Ether’s ecosystem is still evolving and the dynamic between staking rate, protocol dominance and network security will likely affect protocol development as well as ETH holders behavior.
Ethereum’s long-term prospects are bullish
Ruslan Lienkha is the Chief Markets Officer at YouHodler and he spoke exclusively to Crypto.news.
“Although the short-term forecast for Ethereum is bearish, an overall perspective shows that it’s price is nearing a solid long-term level of support. It is possible that institutional investors are looking at a good entry point to accumulate long-term despite the current weakness of the market.
In the past, institutional investors have often accumulated assets before a recovery in the market, because they tend to invest based on fundamentals over short-term fluctuations. ETH is also well positioned, as other major cryptocurrencies have reached multiple new highs in the past few months.
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Source: crypto.news
