Ethereum ETFs End 4-Week Bleed – Can ETH Avoid a Comeuppance?

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After four weeks of people selling their souls for ETF outflows, someone finally remembered how to push a button and add $6.8 million. Meanwhile, whales started collecting ETH again, but long-term holders are still selling like they’re at a yard sale. Classic.

This creates a delightful tug-of-war between “recovery” and “I give up,” which is probably the most exciting thing Ethereum’s had since Vitalik started wearing socks.

ETF Outflow Streak Ends as Whales Play With Their Toys

Ethereum spent four weeks looking like a deflated balloon while ETFs bled $6.8 million every week. That’s four weeks of institutional investors saying, “Nah, this is a bad idea.” But now? Suddenly, they’re back with $6.8 million. Because nothing says “confidence” like throwing darts at a board and pretending it’s a strategy.

That $6.8 million inflow? A hiccup, really. Not even enough to buy a yacht. But hey, maybe whales are finally done pretending they’re not accumulating. They added 130,000 ETH in a few days-$253 million. That’s enough to buy a small country. Or a really expensive yacht.

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Ethereum Price Flashes Bullish Divergence, But Long-Term Holders Are the Real Villains Here

Ethereum’s 8-hour chart shows a “bullish divergence.” Translation: the price hit a lower low, but the RSI thought it was a good time to smile. This pattern worked twice before, giving 11% and 6% gains. But guess what? Long-term holders are still selling like it’s Black Friday and ETH is on clearance.

On February 17, long-term holders sold 34,841 ETH. By February 18? That jumped to 38,877. They’re not just selling-they’re holding a yard sale and inviting everyone they know. Meanwhile, whales are buying like it’s Amazon Prime Day. This conflict? It’s like a sitcom where no one wins.

Triangle Pattern Reveals Critical Levels (And Why You Shouldn’t Trust Anyone)

Ethereum’s stuck in a symmetrical triangle, which is just a fancy way of saying “no one knows what they’re doing.” Buyers? Whales and ETFs. Sellers? Long-term holders. The balance? Pure chaos. The next move hinges on $2,030. If it breaks, maybe. If it doesn’t? You’ll be Googling “how to cry in crypto” by Tuesday.

Downside risks? $1,960 is the new “hold your breath and hope for the best.” Fall below that, and you’re looking at $1,890 or $1,740. Either way, it’s a reminder that crypto is just a fancy word for “gamble with your rent money.”

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2026-02-19 19:26