#ETH Whales Are De-Risking: Survival Mode or Buy Signal? ๐๐
The Ethereum market is currently a digital battlefield. Today, February 10, 2026, the phrase #WhaleDeRiskETH is dominating headlines as the "smart money" makes some noiseโand some exits.
๐ The Big Splash: Whales Cutting Losses
On-chain data reveals a massive wave of de-risking. One notable whale recently dumped 9,485 $ETH , swallowing a painful $24.27 million loss rather than riding the wave down further. With ETH hovering precariously around the $2,000 support level, these titans are trimming their portfolios to avoid liquidation and preserve whatโs left of their capital.
๐ก๏ธ The Bullish Counter-Punch
Itโs not all doom and gloom. While some are fleeing, institutional "diamond hands" are stepping in.
The Mega-Long: A mystery whale just moved 26.75M USDT to open a massive 38,000 ETH leveraged long position.
The BitMine Accumulation: Treasury giant BitMine Immersion Technologies just snagged 40,613 #ETH , signaling they believe the "V-shaped recovery" is right around the corner.
๐ The Pulse Check
The Danger Zone: If ETH closes daily below $2,000, analysts fear a "trapdoor" opening toward $1,700.
The Silver Lining: Exchange reserves are at a 10-year low. This means most ETH is tucked away in cold storage, creating a "supply squeeze" that could ignite a rally if demand returns.
The whales are de-risking to survive the storm, but the shrinking supply suggests that for those who can stomach the waves, the "generational bottom" might be close.
