Ethereum (ETH) — Onchain News & Whale Tracking

Ethereum Foundation Leadership Restructure: Tomasz Stańczak Steps Down as Co-Executive Director

On February 13, Tomasz Stanczak announced he will step down as Co-Executive Director (co-ED) of the Ethereum Foundation (EF) at the end of February 2026. Current executive Bastian Aue will serve as interim co-lead alongside Hsiao-Wei Wang. Stanczak noted that during his tenure, the Foundation has outlined a clear future roadmap and strengthened strategic priorities in scalability, privacy, AI integration, and institutional adoption. He added Ethereum is increasingly becoming the "underlying infrastructure for validation and financial transactions," highlighting the ongoing growth of stablecoins and on-chain Real World Assets (RWA) activity. At the protocol level, the Foundation plans to release an integrated roadmap for LEAN Ethereum and core development to guide coordination in 2026 and beyond—while advancing quantum security strategies and decentralized AI standardization. It has also convened discussions with more than 20 Layer 2 teams on scalability and interoperability issue

Ethereum Weekly Transactions Hit All-Time High, While Median Fee Drops to Historic Low

Per Token Terminal data as of February 13, Ethereum’s weekly transaction count has hit a record 17.3 million—while the median transaction fee has dropped to an all-time low, signaling scalability upgrades are working.

Yesterday's US Ethereum Spot ETF saw a net outflow of $113.1 million, marking the second consecutive day of outflows

On February 13, data from Farside Investors showed the U.S. spot Ethereum ETF recorded a net outflow of $1.131 billion yesterday—marking its second straight day of net outflows.

If Ethereum drops below $1800, mainstream CEX long liquidation pressure will reach $769 million

**Per Coinglass data (Feb 13):** - If Ethereum (ETH) falls below $1800, **cumulative long liquidations across major centralized exchanges (CEXs) will hit $769 million**. - If ETH breaks above $2100, **cumulative short liquidations on top CEXs will reach $1.005 billion**. **BlockBeats Note:** Liquidation charts do NOT display the exact number or value of contracts to be liquidated. Instead, the bars reflect **the relative intensity of each liquidation cluster compared to nearby clusters**. In short: The chart shows how sharply the underlying asset’s price will react at a specific level. A taller “liquidation bar” means the price will see a more intense response due to a liquidity cascade.

「Whale」 Ethereum Long Positions Drop to Only 261 ETH, Over $760,000 in Losses in the Past Week

Naked Ethereum Underperforms US Dollar Cash, ETH Braces for "Lost Decade"

February 13th — Per HTX market data, Ethereum briefly dipped into the $1,800 range this morning and could face a “lost decade” ahead due to yields lagging the cash rate. Back in January 2018, Ethereum’s price topped $1,400. Adjusted for compounded U.S. CPI inflation, that $1,400 would equal roughly $1,806 by February 2026. Investors who haven’t staked the token or are holding it outright may have underperformed U.S. dollar cash over the past eight years.

Hong Kong Ethereum Community Center is now officially open

February 13th — The Ethereum Foundation announced the official launch of its Hong Kong Ethereum Community Center. The center will focus on offline engagement, co-creation, and event hosting, acting as a key node for Ethereum’s East Asia ecosystem connectivity.

Institutional-focused Ethereum Official Website is Now Available in Chinese

On February 13, the Ethereum Foundation announced its official institutional-focused Ethereum website is now live in Chinese. The launch aims to boost deeper engagement from global builders and institutional leaders in the Ethereum ecosystem. Users can access institutional use cases, on-chain data analysis, and community research findings via the site.

Ethereum Drops Below $1900, 24h Change -1.4%

February 13th: Ethereum has fallen below $1900, down 1.4% over the past 24 hours, per HTX market data.

Standard Chartered expects Ethereum to rebound after dropping to $1400, with a year-end target of $4000

February 12: Standard Chartered Bank has cut its Ethereum price target for end-2026 from $7,500 to $4,000, projecting the crypto will drop to around $1,400 before rebounding later this year.

Ethereum Surges Past $2000, Up 2.44% in 24 Hours

Feb. 12 — Ethereum rebounded to break above $2,000, posting a 2.44% 24-hour gain, per HTX market data.

Ethereum Staking Reaches All-Time High with 30% of Circulating Supply, Validators Queueing Up $8 Billion ETH

On February 12, data from ValidatorQueue shows Ethereum’s staked amount has surpassed 30% of its circulating supply, reaching 30.27%—marking a new milestone. Meanwhile, investors continue to queue in the validator queue to deposit $8 billion worth of tokens for staking, also setting a record high.

2026 Ethereum HODLer Report: Top 1 Individual Address Private Key Lost, Top 20 Taken Over by Institutions/Exchanges

**Arkham Releases 2026 Report on Top Ethereum Holders** On February 12, Arkham published its report *Who Holds the Most Ethereum? Top ETH Holders of 2026*, outlining the largest ETH holding addresses in the current market. **Key Data Points:** - Over 60% of total ETH supply resides in the ETH2 deposit contract: 77,186,906 ETH (valued at ~$241.39 billion, accounting for 63.23% of total supply). - The largest individual holder is Rain Lohmus (250,000 ETH, ~$786 million) — but he cannot access the funds due to a lost private key. - Ethereum co-founder Vitalik Buterin is the largest holder with accessible funds: 240,000 ETH (~$754 million). Additional data is available in the accompanying chart. **BlockBeats Note:** Rain Lohmus is a co-founder of LHV Group, a leading Estonian financial firm (operating as LHV Pank/Bank). During Ethereum’s 2014 ICO, he invested ~$75,000 to acquire 250,000 ETH (priced at $0.30 per token at the time). None of these ETH have been transferred, a

Ethereum Market Cap Drops to 86th Among Global Mainstream Assets

On February 12, per 8Market data, Ethereum fell below $2,000, pushing its market capitalization to $231.97 billion—below PepsiCo’s $232.18 billion market cap—and landing it 86th among global mainstream assets.

Ethereum Foundation's AI Lead proposed using "Stake-based Identity" for API calls, Vitalik agreed and stressed the use of ZK privacy payments and reputation mechanisms for innovation

February 11th — Davide Crapis, AI lead at the Ethereum Foundation, noted the internet has turned "access" into an identity-based model: every API call ties to your email, credit card, or wallet address. AI, he warned, will worsen this dynamic. His proposal? Swap identity for staking: a one-time deposit that lets users launch thousands of API calls while staying untraceable. Abuse the system, and your stake gets forfeited. Ethereum co-founder Vitalik Buterin agreed, calling this the right path to make Ethereum an AI haven. He stressed fundamental innovation using zero-knowledge (ZK) privacy payments and reputation systems—rather than just copying existing setups onto the blockchain.

Denmark's largest bank, Danske Bank, offers Bitcoin and Ethereum ETPs to investors, ending an eight-year cryptocurrency "ban."

On February 11, Denmark’s largest lender Danske Bank launched Bitcoin and Ethereum exchange-traded products (ETPs) for investors, putting an end to its eight-year cryptocurrency-related restriction. Danske Bank attributed the policy shift to surging customer demand for crypto offerings. Previously, the bank had explicitly stated it would not provide any cryptocurrency services. Though it notes the crypto market has matured in recent years, the lender still stresses it does not recommend crypto as an asset class.

Arkham: Trend Research, a subsidiary of Easylio, is bullish on Ethereum, resulting in a final loss of $869 million.

On February 11, Arkham officially released statistical data showing that Trend Research—a subsidiary of EasyLink—incurred a final loss of $869 million after liquidating its Ethereum holdings last Sunday. Its Ethereum long position, once valued at $2.1 billion, has now been fully cleared from its on-chain account. BlockBeats Note: Previously, several on-chain analysts estimated the loss to fall between $688 million and $734 million.

If Ethereum drops below $1900, the cumulative long liquidation on major CEXs will reach $408 million

February 11 — Per Coinglass data, Ethereum’s cumulative long liquidation intensity across major centralized exchanges (CEXs) will hit $408 million if the token falls below $1900. Conversely, a breakout above $2100 would trigger cumulative short liquidation intensity of $1.027 billion on the same platforms. BlockBeats Note: Liquidation charts do not display the exact number or value of contracts to be liquidated. Instead, bars reflect the relative importance of each liquidation cluster compared to adjacent clusters (i.e., "intensity"). This means the chart shows how strongly the underlying asset’s price will react at specific levels: higher bars signal a more intense price response due to a liquidity cascade when the token hits that point.

Yesterday's US Ethereum Spot ETF saw a net inflow of $13.8 million, marking the second consecutive day of net inflows.

On February 11th, per Farside Investors data, the U.S. Ether ETF recorded a net inflow of $13.8 million yesterday—marking its second straight day of net inflows.

LayerZero has sparked a discussion with the release of its Zero World Computer architecture, with several overseas KOLs calling it the "most important blockchain since Ethereum."

February 11: LayerZero Unveils New L1 Architecture Zero LayerZero rolled out its new Layer 1 (L1) architecture, Zero, on February 11. The design uses zero-knowledge (ZK) proofs to decouple execution from validation, building a heterogeneous multi-core "world computer" that claims 100x scalability while preserving decentralization. The launch has sparked widespread discussion in the global crypto community. ### Industry Reactions - **Crypto influencer foobar** called Zero "the most important blockchain since Ethereum," hailing LayerZero as the first to hit 100x scalability while maintaining (or even boosting) decentralization and unifying multiple capabilities into one architecture. He also expressed optimism about its competitiveness in real-world asset (RWA) tokenization. - **Grant** described the solution as "mind-blowing," noting it’s one of the "coolest" things he’s encountered since entering crypto. He believes LayerZero could crack the top 10 protocols if fully implemen

"Whale" Boosts Ethereum Long Position to 5025 Coins, Latest Liquidation Price $1,973.4

February 11 – Per monitoring by HyperInsight (via https://t.me/HyperInsight), the address tied to "Brother Ma Ji" (Li-Cheng Huang) ramped up his Ethereum (ETH) long position multiple times in nearly an hour, lifting the current holding to 5,025 ETH. Key details: - **Position**: 5,025 ETH long at 25x leverage - **Entry price**: $2,051.2 - **Liquidation price**: $1,973.4 - **Current unrealized loss**: $265,000 (66.6% drawdown) Over the past week, this "Brother" address has lost $853,400, with total losses topping $25.59 million.

US Crypto Stocks Close Lower on Tuesday, Gemini (GEMI) Down 7.72%, Ethereum Treasury Stocks Retreat

February 11th — Bitget market data shows U.S. equities closed Tuesday’s session with mixed early moves: the Dow Jones Industrial Average (Dow) was up 0.1% initially, while the S&P 500 fell 0.3% and the Nasdaq Composite dropped 0.59%. Cryptocurrency-related stocks were broadly lower, with the following notable moves: - Coinbase (COIN): Down 2.83% - Circle (CRCL): Down 0.58% - MicroStrategy (MSTR): Down 3.93% - Gemini (GEMI): Down 7.72% - Bit Digital (BTBT): Down 3.87% - Strategic Elements (BMNR): Down 6.99% - SharpLink Gaming (SBET): Down 6.47% - ETHZilla (ETHZ): Down 7% - ALT5 Sigma (ALTS): Down 6.21% - American Bitcoin (ABTC): Down 4.76% - Kindly MD (NAKA): Down 4.91% - Solana Co (HSDT): Down 6.64%

Analysis: Ethereum Price Drop Triggers Surge in Token Transfer Activity, Extreme Movement May Signal Seller Exhaustion

On February 11, CryptoOnchain said in a social media post that Ethereum’s (ETH) 14-day moving average of token transfers spiked sharply to 2.75 million when ETH prices dipped into the $2,000 range—hitting the highest level since August 2025. This surge signals panic selling and a washout of weak hands. Historical data shows such extreme activity often indicates seller exhaustion and could potentially form a local bottom. Token Transfers (14-day moving average) is an on-chain metric used to track the trend and intensity of token transfer activity on the Ethereum (or relevant blockchain) network. It typically refers to the simple moving average of total transfer transactions for ERC-20 and other standard tokens on the network over the past 14 days.

Interactive Brokers Launches Coinbase Nano Bitcoin and Ethereum Futures, Enabling 24/7 Trading

February 10: Per market sources, Interactive Brokers has rolled out Coinbase Nano Bitcoin and Ethereum futures, with 24/7 trading now available.

Ethereum Price Drops Below $2000

Ethereum has fallen below $2,000, posting a 3.75% drop over the past 24 hours, per HTX market data as of February 10.

Ethereum Foundation Member: Ethereum is moving towards confirming execution correctness through zkEVM proof verification

February 10: Ethereum Foundation member ladislaus.eth noted the network is undergoing a key, largely under-the-radar architectural shift—moving from nodes re-executing every transaction in a block to verifying execution correctness via zkEVM proofs. Backed by EIP-8025 (Optional Proof of Execution), the proposal lets validators opt to validate multi-client zk proofs at the consensus layer instead of running a full execution layer (no upgrades or forks required). This mechanism is expected to slash node hardware and sync costs significantly, benefiting independent validators and home nodes. It also lays groundwork for future L1 execution scaling, ePBS (slated for the Glamsterdam upgrade), and native rollups. Ethereum’s L1-zkEVM roadmap targets 2026, with its first dedicated conference set for February 11.

An Address Goes Heavily Short on Ethereum, Loses Over $1.15 Million in Just 4 Hours

On February 10th, AI Auntie’s monitoring data shows that address 0x15a...0dfdb opened a 30,000 ETH short position 14 hours ago and was liquidated 10 hours ago at an average liquidation price of $2062, incurring a total loss of $1.156 million.

The ETF Store President: Spot Ethereum ETF Buyer's ETH Cost Basis Reaches as High as $3,500

On February 10th, The ETF Store President Nate Geraci noted in a post that "the average holding cost per ETH for Ethereum spot ETF buyers is around $3,500, while the current price of Ethereum sits at roughly $2,100. The past six months have been pretty brutal."

Vitalik Revisits Ethereum and AI: Opposes "Indiscriminate Acceleration," Advocates for Decentralization and Privacy Shaping the Future of AI

**February 10th** Ethereum co-founder Vitalik Buterin published an article this morning updating his framework for thinking about the intersection of Ethereum and artificial intelligence (AI). He emphasized that artificial general intelligence (AGI) should not be pursued via "blanket acceleration"—instead, the values of crypto and AI must be deeply integrated to build an AI future that advances human freedom, security, and decentralized cooperation. Buterin pushed back against the misconception that AI is a competition where "whoever achieves AGI first dominates." He argued that both Ethereum’s evolution and humanity’s approach to AGI hinge on choosing the right direction, not blindly speeding up technological progress. Core goals include: - Preventing AI from marginalizing humans or entrenching permanent disempowerment through unavoidable power structures; - Mitigating systemic risks from out-of-control AI or imbalanced offense-defense dynamics. ### Medium-Term Priority Di

Bitmine increases its Ethereum holdings by 40,000 coins today, worth approximately $83.38 million

On February 10th, EmberCN data shows Bitmine added 40,000 ETH (valued at ~$83.38 million) to its holdings 6 hours prior. This week’s single-day buying volume has already matched the total from last week’s entire 7-day period.

View: Ethereum is currently located on the weekly logarithmic regression channel midline, further retracement is still needed to kickstart the bull run

February 9th — Into The Cryptoverse founder and CEO Benjamin Cowen used Ethereum’s weekly logarithmic regression channel to assess its price trajectory, forecasting that ETH will keep pulling back this year before launching its next bull run. Per the screenshot, Ethereum is now trading at the midline of the channel, with the actual bull market rally only kicking off after the price dips below the lower band (currently $1500).

Ilya: Continuing to Build for Ethereum and SharpLink, Maintaining Confidence and Persistent Effort

On February 9th, Daniel, founder of Liquid Capital (formerly LD Capital), posed for a photo with SharpLink’s Chief Information Officer and Chief Development Officer, and stated: “We’re continuing to build for Ethereum alongside SharpLink, remaining confident and committed to our ongoing efforts.”

Tom Lee: Crypto Market May Be Forming a Bottom, Ethereum Has Seen 7 Occasions of >60% Drawdown in Past 8 Years with V-Shaped Recovery

On February 9th, Tom Lee—Chairman of Ethereum treasury firm Bitmine—told CNBC in an interview: “Over just the past eight years, Ethereum has seen seven drawdowns of more than 60%. The good news? All seven of those ended with V-shaped recoveries: a waterfall decline first, then a rapid bounce back.” He added: “If the crypto market is currently forming a bottom (a scenario that looks plausible from current signals, especially given MicroStrategy’s roughly 25% rebound), historical experience shows such rebounds often follow a V-shaped pattern. That means we typically recover at a speed similar to how fast we fell.”

The amount of ETH queued for entry into the Ethereum PoS network remains high, now exceeding 4 million.

February 8 Per data from validatorqueue, a Validator Queue tracking site, the amount of ETH queued to join Ethereum’s Proof-of-Stake (PoS) network has been on a steady rise since December 26, 2025. It now totals 4,009,053 ETH—valued at roughly $8.455 billion—with a projected activation wait time of about 69 days and 14 hours. This signals strong, sustained staking demand, fueled primarily by Ethereum custody firms and institutions (including BitMine) staking large volumes of their held ETH. Meanwhile, the Ethereum PoS network’s staking exit queue is empty. Currently, few users are opting to unstake their ETH, meaning stakers can withdraw their funds nearly instantly.

Vitalik: ETH is both a Store of Value and one of the most important applications on Ethereum

On February 8, Ethereum co-founder Vitalik Buterin posted on X, noting: “ETH is a store of value and one of Ethereum’s most important applications.”

Ethereum Surges Above $2,100, Up 4.06% in 24 Hours

February 8: Ethereum rebounded above $2100, per HTX market data, posting a 24-hour gain of 4.06%.

Cryptocurrency Market Trades Sideways, Ethereum Briefly Recovers $2,100, Bitcoin Holds Above $69,000

On February 8th, per HTX market data, the crypto market traded sideways overnight. Bitcoin held above $69,000, while Ethereum rebounded to break $2,100 and is now trading at $2,090. The total crypto market capitalization dropped 1% over the past 24 hours to $2.449 trillion. Leading the rebound among top altcoins are: - LA: $0.273 (up 34% in 24h) - BANANAS31: $0.00388 (up 21.84% in 24h) - F: $0.00658 (up 15.4% in 24h) - GPS: $0.0102 (up 14.7% in 24h) - RESOLV: $0.086 (up 11.6% in 24h) Top decliners among altcoins include: - CHESS: $0.0084 (down 26.6% in 24h) - SIGN: $0.029 (down 17.9% in 24h) - API3: $0.324 (down 16.2% in 24h) - FRAX: $0.75 (down 10.2% in 24h) - Binance Life: $0.095 (down 9.7% in 24h)

An Ethereum Whale Hibernating for Two Years Withdraws 44,233 ETH in a Single Day from Binance

February 7th: Per Onchain Lens monitoring, a whale dormant for two years withdrew 34,233 ETH (valued at $68.78 million) from Binance. Over the past 24 hours, this whale has withdrawn a total of 44,233 ETH (worth $88.02 million) from the exchange.

Ethereum Briefly Falls Below $2000

As of Feb. 7, per HTX market data, Ethereum briefly dipped below $2,000 and was last trading at $2,005.

Ethereum Surges Above $2,100, Up 10.9% in 24 Hours

Feb. 7 — Per HTX market data, Ethereum has rebounded past $2100, now trading at $2114 with a 10.9% gain over the past 24 hours.

ENS Ceases L2Namechain Development, v2 Will Deploy Directly on Ethereum Mainnet

**February 7** Official sources confirm ENSv2 will deploy directly to the Ethereum mainnet, halting development of its proprietary Layer 2 network Namechain. The decision stems from Ethereum L1 scaling outpacing expectations: ENS registration gas costs have dropped 99% in the past year, with average fees falling below $0.05 after the 2025 Fusaka upgrade (which raised the gas limit to 60 million). nick.eth noted that while Namechain development is paused, ENSv2’s roadmap remains unchanged. Users will still access features like one-click registration, cross-chain stablecoin payments, and a redesigned registration form. The ENS team argues staying on L1 eliminates extra trust assumptions tied to Layer 2 networks and leverages Ethereum’s robust infrastructure security. Currently, the new ENS App and ENS Explorer are in public alpha testing.

Long-Term HODL Address Dips and Acquires Ethereum, with Both Addresses Accumulating Nearly 12,000 ETH in About 6 Hours

Long-dormant Ethereum wallets are waking up to buy the dip, per LookOnChain monitoring on February 7th. - Wallet 0x55C1 (dormant for 2 years) withdrew 10,000 ETH from Binance 6 hours ago, worth $19.24 million. - Wallet 0x1342 (dormant for 1 year) withdrew 1,892 ETH from Binance 30 minutes ago, worth $3.75 million.

Jiang Zhuo'er: Expects Bitmain's Liquidation Line to Drop to $1500, Ethereum Shows Strong Intent to Rebound from Oversold Territory

On February 6th, Jiang Zhuo'er—founder of Lebit Mining Pool (B.TOP)—said in a post that Yi Lihua has been selling ETH to deleverage, predicting Yi’s goal is to push his liquidation line down to around $1500. He added that the "bomb" of Yi’s large long position liquidations has mostly been defused: Over the past 13 hours, ETH has held steady near $1900 despite 220,000 ETH being unwound in concentrated fashion, signaling strong market buying pressure and a solid intent to repair oversold conditions. In earlier news that same morning, Jiang noted the current decline was severely oversold, having bought the ETH dip at $1850. "This kind of oversold scenario is a once-a-year opportunity," he said.

Cryptocurrency Market Resurgence Continues, Ethereum Breaks $2000

February 6th: HTX market data shows the crypto market’s rebound is ongoing, with Ethereum topping $2000 and now trading at $2002.32.

Ronin Testnet has completed the Ethereum migration, with Mainnet scheduled to upgrade to Ethereum L2 in the first half of 2026.

On February 6, GameFi blockchain Ronin announced that its Saigon testnet has successfully migrated to Ethereum. The network’s mainnet will undergo the planned Ethereum Layer 2 (L2) migration, which is expected to wrap up between Q1 and Q2 2026.

Flash Crash Whale "pension-usdt.eth" Opens Another 3x Ethereum Short Before US Stock Market Open

February 6: Per HyperInsight data, the Bollinger whale address **pension-usdt.eth** reopened a 3x ETH short position ahead of the U.S. stock market open, with a notional value exceeding $8.45M (equivalent to 4,503 ETH). Later that day at noon, the whale closed out the short position, netting $2.21M in profits over 11 hours.

Greeks.live: Bitcoin and Ethereum Sharp Downtrend Continues, Put Options Hold Absolute Dominance

On Feb 6, analytics platform Greeks.live shared key crypto options expiration data in a social media post: - 33,000 BTC options expiring; put-call ratio (PCR) 0.54; max pain $80,000; nominal value $2.1B - 219,000 ETH options expiring; PCR 0.91; max pain $2,400; nominal value $420M Crypto markets plunged sharply that day: BTC briefly fell below $60k, while ETH dropped under $1,750. Roughly 10% of total options open interest expired, totaling nearly $26B. BTC and ETH prices extended losses with a strong downtrend, as put options dominated trading. The crypto fear gauge hit 5% at one point, sparking fresh market panic. Implied volatility (IV) for both assets surged to over 1-year highs: - BTC’s main-term IV topped 60%, with short-term at-the-money (ATM) contracts exceeding 110% - ETH’s main-term IV stood at 80%, with short-term ATM contracts above 120% This week, put options held a large share of trading volume. Market makers absorbed a wave of bearish demand, and trading

Yesterday Bitcoin ETF saw a net outflow of $434.1 million, while Ethereum ETF saw a net outflow of $80.8 million

On February 6, per Farside Investors’ monitoring data, U.S. Bitcoin spot ETFs recorded a net outflow of $434.1 million yesterday, while Ethereum ETFs posted a net outflow of $80.8 million.

Ethereum Surges Above $1900

On February 6th, per HTX market data, Ethereum rebounded and broke above $1900, with its 24-hour decline narrowing to 11.62%.

Bitcoin Surges Above $62,000, Ethereum Surges Above $1,800

February 6 Update: Per HTX market data, the cryptocurrency market has staged a short-term rebound. Bitcoin has surged above $62,000, Ethereum above $1,800, BNB above $600, and SOL above $74.