#Ethereum (ETH) Price News & Insights Today 3-2-2026 - Technical analysis of #ETH, focusing on market structure, key support and resistance zones. Video by More #Crypto Online.
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Ethereum (ETH) is trading at approximately $2,349.57 as of February 3, 2026, showing a relief rebound of +1.78% following a sharp market-wide sell-off. Despite today's modest recovery, the asset remains under significant pressure, having dropped nearly 10% in the preceding 24 hours amid heavy liquidation and institutional outflows.
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Key Market Insights
-Institutional Flight: U.S. investors withdrew a record $630 million from Ethereum investment products last week, driven by fading interest-rate cut hopes and general regulatory uncertainty.
-Whale Accumulation: In a contrasting trend, major "whales" have been adding to their positions. BitMine Immersion Technologies, led by Tom Lee, recently acquired 41,788 ETH (~$96 million), bringing their total holdings to 3.55% of the total supply.
-Liquidation Impact: The recent price drop to a low of $2,156 triggered $307 million in liquidations for Ethereum-specific positions.
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