2026-02-17 18:15 to 18:30 (UTC), ETH recorded a +1.11% K-line return within 15 minutes, with the price range rising from $1,987.06 to $2,009.13. During the same period, the gains outperformed BTC and other mainstream cryptocurrencies, increasing market attention. Short-term volatility significantly intensified, attracting funds and active trading simultaneously. The main drivers of this anomaly stem from large institutional purchases and the anticipation of an upcoming network upgrade. Harvard University on February 16 purchased approximately $86.8 million worth of ETH, coupled with the 2026 Glam

Gate News bot message, Gate market display, ETH breaks through 2000 USDT, now priced at 2000.01 USDT.

From 16:00 to 16:15 (UTC) on February 17, 2026, Ethereum (ETH) achieved a +1.04% increase, with the price rising from $1,966.04 to $1,986.75. The short-term performance outperformed mainstream cryptocurrencies like BTC and SOL. Market activity has significantly increased, with 24-hour trading volume reaching $18.88 billion. Market attention continues to rise, and volatility has intensified. The main drivers of this movement stem from macro-level liquidity improvements and technical bullish signals. First, the Federal Reserve initiated a moderate rate cut cycle in mid-February, leading to

Gate News bot message, Gate market display, ETH drops below 1950 USDT, current price 1948.94 USDT.

From 14:30 to 14:45 (UTC) on February 17, 2026, ETH price experienced a short-term decline of 1.34%. This fluctuation occurred during a high-liquidity period when European and American markets intersect, accompanied by increased order book volatility. The market showed a phased wait-and-see attitude regarding Ethereum's future direction. On-chain data indicates that the ETH mainnet saw a net outflow of up to 21,395.6 ETH within the previous 24 hours, significantly reducing short-term market liquidity support and acting as a trigger for this price decline. The main driver of this fluctuation was large-scale on-chain fund transfers out of exchanges, leading to a decrease in available liquidity for buy orders.

ChainCatcher reports that, according to Coinglass data, if ETH drops below $1,892, the total long liquidation strength on major CEXs will reach $676 million. Conversely, if ETH breaks above $2,088, the total short liquidation strength on major CEXs will reach $670 million.

BlockBeats News, February 17 — According to an official announcement, BitMine increased its ETH holdings by 45,759 ETH last week, bringing its total holdings to 4,371,500 ETH, which accounts for 3.62% of the total Ethereum supply (120.7 million ETH). Among these, BitMine has staked 3,040,483 ETH. Based on the ETH price at that time of $1,998 per ETH, the total value is approximately $6.1 billion.

According to Coinglass data, the whales on the Hyperliquid platform currently hold positions worth $2.797 billion, with longs accounting for 48.94% and shorts for 51.06%. Long positions have a loss of $144 million, while short positions are profitable by $245 million. The giant whale address 0xa5b0..41 is long ETH with 15x leverage, currently unrealized loss of $2.564 million.

ChainCatcher reports that, according to Coinglass data, if ETH breaks above $2,064, the total liquidation strength of long positions on major CEXs will reach $708 million. Conversely, if ETH drops below $1,870, the total liquidation strength of short positions on major CEXs will reach $664 million.

Odaily Planet Daily reports that according to Arkham monitoring, trader 0x58bro (0x58b...f35) currently holds a short position with an unrealized profit of $7 million. His main profits come from shorting ETH (unrealized profit of $3.7 million) and ENA (unrealized profit of $1.45 million). Notably, this trader has only 1,300 followers on the X platform.