#Ethereum (ETH) Price News & Insights Today 2-2-2026 - Technical analysis of #ETH, focusing on market structure, key support and resistance zones. Video by More #Crypto Online.
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As of February 2, 2026, Ethereum (ETH) is trading at approximately $2,226.97, experiencing significant volatility and a 20% decline over the last 24 hours. The market is currently testing critical support at the $2,200 level following a broader crypto market sell-off where Bitcoin dropped to $75,000.
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Key Market Insights
-Massive Liquidations: A prominent "Bitcoin OG" transferred 121,185 ETH (~$292M) to Binance today, a move often preceding large-scale sell-offs.
-Institutional Deleveraging: Trend Research (LD Capital) sold 30,000 ETH (~$70.2M) to repay loans and reduce leverage, though they maintain a long-term holding of over 626,000 ETH.
-Corporate Staking Growth: Despite price weakness, Bitmine Immersion Technologies reached a treasury of 4.285 million ETH, making it the world's largest corporate Ethereum treasury.
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