Shock From Falling Below ETF Average Price... Ethereum Takes Breather on $57 Million Inflow
Shock From Falling Below ETF Average Price... Ethereum Takes Breather on $57 Million Inflow
Ethereum (ETH) is experiencing a severe downturn, falling below both the average purchase price of spot ETF acquisitions and the realized price of whale investors. However, strong accumulation by whales at key support levels has been detected, raising expectations for a potential halt in the decline.
According to crypto-focused media outlet BeInCrypto on February 11 (local time), Ethereum is currently trading well below the average investor purchase price of $2,310 due to recent price declines. Notably, this drop has occurred despite cumulative net inflows of $11.87 billion into U.S.-listed spot Ethereum ETFs, suggesting that most institutional investors have entered unrealized loss territory. Ethereum is fluctuating around $2,018 and continues a difficult battle to defend the psychological support level at $2,000.
Despite the price decline, large-scale investors, known as whales, are aggressively buying the dip. On-chain data analysis shows that wallets holding between 10,000 ETH and 100,000 ETH accumulated approximately 520,000 ETH between February 4 and 8 alone. This contrasts sharply with retail investors, who offloaded about 233,000 ETH during the same period and exited the market, indicating that whales view the current price range as an attractive long-term buying opportunity.
Technical indicators across the digital asset market still suggest a prevailing downtrend, but oversold signals are also emerging. The Relative Strength Index (RSI) has dropped to around 30, implying that selling pressure may be nearing exhaustion, while the Moving Average Convergence Divergence (MACD) remains in negative territory but is attempting to form a bottom. Joao Wedson, founder of Alphactal, noted that Ethereum’s liquidity cycle is faster than Bitcoin’s (BTC) and projected that a full-scale price rebound could materialize in the second quarter of 2026.
The spot Ethereum ETF market has turned back to net inflows, providing downside support. Approximately $57 million flowed into spot Ethereum ETFs in a single day on Monday, breaking a three-day streak of outflows. This development is interpreted as evidence that institutional investors who trust Ethereum’s intrinsic value are using the current lower price levels to increase their exposure. Although short-term volatility remains high, analysts believe that as long as the $2,000 support level holds firm, the market’s recovery momentum remains intact.
While overall market sentiment in the digital asset space has fallen into extreme fear territory, Ethereum has secured strong backing through whale accumulation and renewed ETF inflows. Experts suggest that the current downturn could represent a healthy correction that removes excess froth from the market, and that Ethereum’s fundamental value may be reassessed as it gradually reclaims key resistance levels. Investors are advised to closely monitor the defense of the $2,000 level and the timing of a breakout above the $2,100 resistance as they prepare for a potential rebound in the coming second quarter.
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses resulting from its use. The content herein should be interpreted for informational purposes only.*
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