Ethereum Whales Cut Holdings as ETH Drops Below $2,000 and Leverage Dries Up
Ethereum whales reduced their exposure at the start of 2026 as ETH extended its broader market decline. Large holders with 1,000 ETH or more distributed up to 1. 5% of their balances in January and February. The selling followed a wider crypto downturn and mirrored outflows from major Bitcoin wallets.
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