Ethereum News

Ether may be nearing another sharp rebound despite its recent sell-off, according to Tom Lee, who argues that historical patterns point to a familiar V-shaped recovery.Speaking at a conference in Hong Kong on Wednesday, Lee said Ethereum has repeatedly staged rapid rebounds after deep drawdowns. “Since 2018, Ethereum has fallen more than 50% eight times,” he said. “Eight out of eight times, Ethereum has had a V-shaped bottom.”Lee noted that in each case, Ether recovered at roughly the same speed as its decline. He added that last year alone, Ethereum dropped 64% between January and March, before rebounding.“Nothing has changed,” Lee said. “Ether will see another V-shaped bottom.”Analysts see signs of a near-term bottomLee said Ether appears close to a bottom similar to prior downturns in late 2018, late 2022, and April 2025, suggesting investors should focus on opportunity rather than capitulation.Market analyst Tom DeMark of BitMine flagged $1,890 as a potential downside target, describing a possible “undercut” scenario in which the level is briefly tested twice. Lee characterized such a pattern as a “perfected bottom.”“You don’t really have to worry about the bottom,” Lee said. “If you’ve already seen a decline, you should be thinking about opportunities here instead of selling.”Ether struggles below $2,000Ether has remained under pressure in recent weeks. Prices on Coinbase fell to about $1,760 on Feb. 6, just above the 2025 low near $1,400, according to TradingView.At the time of writing, Ether was trading around $1,970, having failed to reclaim the $2,000 level after a roughly 37% decline over the past 30 days.Staking demand reaches record levelsDespite weak price action, on-chain data points to strong long-term conviction. The wait time to stake Ether has climbed to a record 71 days, with roughly 4 million ETH in the validator entry queue, according to ValidatorQueue.The share of Ether supply staked has also reached an all-time high of 30.3%, or about 36.7 million ETH.“This is a massive supply restriction,” said crypto analyst Milk Road, noting that roughly one-third of Ether’s supply is now illiquid and earning around 2.83% APR. “When people lock up $74 billion during a price dip, they’re not speculating. They’re settling in.”The combination of historical rebound patterns and tightening liquid supply underpins Lee’s view that Ether may be approaching another rapid recovery phase, even as near-term volatility persists.

U.S. spot Ethereum exchange-traded funds recorded $129 million in net outflows on Feb. 11 (U.S. Eastern Time), extending pressure on ETH-linked investment products amid broader market weakness, according to data from SoSoValue.Fidelity’s spot Ethereum ETF, FETH, posted the largest single-day outflow, with $67.1 million redeemed. Despite the pullback, FETH’s historical cumulative net inflows stand at $2.52 billion, indicating that longer-term allocations remain substantial.BlackRock’s Ethereum ETF, ETHA, recorded the second-largest outflow, shedding $29.4 million on the day. ETHA has accumulated $12.02 billion in total historical net inflows, making it the largest spot Ethereum ETF by inflows to date.ETF footprint remains significantAs of the latest data, the total net asset value of U.S. spot Ethereum ETFs is $11.27 billion, representing approximately 4.78% of Ethereum’s total market capitalization. Cumulative net inflows across all Ethereum spot ETFs have reached $11.75 billion, despite recent redemptions.

On Feb 11, 2026, 14:11 PM(UTC). According to Binance Market Data, Ethereum has crossed the 2,000 USDT benchmark and is now trading at 2,001.449951 USDT, with a narrowed narrowed 0.89% decrease in 24 hours.

The share of Ethereum supply locked in staking has climbed above 30%, reaching a new all-time high, according to data from Token Terminal.

On February 11, CryptoOnchain reported on social media that Ethereum's price drop to the $2,000 range led to a sharp increase in Token Transfers, reaching 2.75 million, the highest level since August 2025. According to BlockBeats, this surge indicates panic selling and a significant shakeout of weak holders. Historically, such extreme activity often signals the exhaustion of selling pressure and the potential formation of a local bottom.

Token Transfers, measured by a 14-day moving average, is an on-chain data metric used to observe trends and intensity of token transfer activity on the Ethereum network or related blockchains. It typically refers to the simple moving average of all ERC-20 and similar standard token transfer transactions on the network over the past 14 days.

On Feb 10, 2026, 18:48 PM(UTC). According to Binance Market Data, Ethereum has dropped below 2,000 USDT and is now trading at 1,998.599976 USDT, with a narrowed 6.44% decrease in 24 hours.

Sharplink, an Ethereum treasury company, received approximately 552 ETH in staking rewards last week. According to ChainCatcher, this amount is valued at around $1.1 million. The company's total staking rewards have now reached 13,113 ETH.

Ethereum's MVRV-Z score has decreased to -0.42, suggesting that the asset might be undervalued and approaching a market bottom. According to NS3.AI, analysts from Alphractal note that Ethereum is currently in a capitulation phase, although it has not yet hit the historic lows observed in 2018 and 2022. Trader Michaël van de Poppe points out that the current levels are similar to previous bottoms, indicating a possible buying opportunity amid the existing market fear.

Ethereum is set to change its block validation process by moving from full transaction re-execution to verifying zero-knowledge proofs, as outlined in its L1-zkEVM 2026 roadmap. According to NS3.AI, the proposed Ethereum Improvement Proposal (EIP-8025) will allow validators, known as zkAttesters, to confirm blocks by checking cryptographic proofs without the need to run full execution nodes. The first workshop discussing this upgrade is planned for February 11, 2026.

On Feb 10, 2026, 00:54 AM(UTC). According to Binance Market Data, Ethereum has crossed the 2,100 USDT benchmark and is now trading at 2,101.949951 USDT, with a narrowed 0.93% increase in 24 hours.

The Ethereum Foundation has announced its sponsorship of the whitehat team Security Alliance (SEAL) to address drain and social engineering attacks affecting Ethereum users. According to NS3.AI, this initiative, known as '1Ts,' aims to bolster security measures by supporting engineers who collaborate with SEAL to identify and mitigate these threats. SEAL also plans to expand this collaborative security approach to other blockchain ecosystems.

On Feb 09, 2026, 16:47 PM(UTC). According to Binance Market Data, Ethereum has crossed the 2,100 USDT benchmark and is now trading at 2,108.820068 USDT, with a narrowed 0.74% increase in 24 hours.

In the past eight hours, two significant Ethereum positions have been opened on the Hyperliquid platform, according to blockchain sleuth EmberCN posted on X. These positions represent the largest holdings currently on the platform, with one being a long position and the other a short position.

The long position, held by the address 0xa5B0...1D41, involves 60,000 ETH, valued at $122 million, with an opening price of $2,060 and a liquidation price of $1,329.

Conversely, the short position, held by the address 0x15a4...dfdb, involves 30,000 ETH, valued at $61 million, with an opening price of $2,024 and a liquidation price of $2,143.

The market is closely watching to see which position will prevail as traders speculate on the future movements of Ethereum prices.

Ethereum founder Vitalik Buterin has addressed the blockchain trilemma, describing it as a complex engineering challenge rather than an unsolvable problem. According to NS3.AI, Buterin highlighted the importance of balancing scalability, consensus, and decentralization within blockchain systems. He pointed to technologies such as zk-SNARKs and PeerDAS as promising advancements that aim to enhance Ethereum's capacity while preserving robust consensus mechanisms. Despite the integration of these solutions, Buterin noted that additional time is required to ensure their security and stability.

Liquid Capital founder Yi Lihua shared a photo with SharpLink's Chief Information Officer and Chief Development Officer. According to ChainCatcher, Yi expressed his commitment to continue building for Ethereum alongside SharpLink, emphasizing the importance of maintaining confidence and sustained effort.

On Feb 09, 2026, 03:56 AM(UTC). According to Binance Market Data, Ethereum has crossed the 2,100 USDT benchmark and is now trading at 2,101.639893 USDT, with a narrowed 0.98% increase in 24 hours.

On Feb 08, 2026, 16:43 PM(UTC). According to Binance Market Data, Ethereum has dropped below 2,100 USDT and is now trading at 2,095.939941 USDT, with a narrowed narrowed 1.87% increase in 24 hours.

Ethereum network transactions reached a new peak on February 8, with a total of 2,896,853 transactions recorded. According to BlockBeats, this milestone was reported based on data from Etherscan, highlighting the growing activity and usage of the Ethereum blockchain.

Vitalik Buterin, a prominent figure in the cryptocurrency world, recently shared his views on the X platform. According to Foresight News, Buterin emphasized that Ethereum (ETH) serves as a store of value and is one of the most significant applications on the Ethereum network. His statement underscores the importance of ETH within the broader context of blockchain technology and its applications.

On Feb 08, 2026, 08:29 AM(UTC). According to Binance Market Data, Ethereum has crossed the 2,100 USDT benchmark and is now trading at 2,103.679932 USDT, with a narrowed 4.08% increase in 24 hours.