In early February 2026, Ethereum’s exchange reserves fell to around 16.3 million ETH, a multi-year low associated with growing staking and off-exchange custody. At the same time, whales were seen accumulating during a price dip near $2,050, while derivatives data showed shrinking open interest, negative funding, and over $1 billion in long liquidations. This combination points to tighter tradable supply and lower leverage, while leaving room for future volatility.

HBAR advanced roughly 20% after a long wick near $0.07766 cleared selling pressure, with price holding above $0.080 and consolidating around $0.090. Traders are watching for a decisive reclaim of $0.10001 on firm volume to confirm trend repair, while Hedera's early February 2026 entry into the Digital Monetary Institute aligned with improving sentiment.

Ripple's XRP fell from the $3.00 area in late September to the $2.00 demand zone as the OI‑weighted funding rate turned negative. Whale activity rose with 1,389 transactions above $100,000 and 78,727 active addresses in eight hours, while November's XRP ETFs reached $1 billion AUM. These shifts support a recovery toward $2.80–$3.00.

Pi’s price structure has turned decisively bearish after a breakdown from the consolidation area above $0.190, putting the $0.130 liquidity zone in the spotlight. The token was trading near $0.1444 with volume up to $35.3 million, reflecting strong selling pressure and raising the risk of a move toward the $0.130–$0.100 demand region.

Zcash traded around $245 after losing the $300 support level, with price action drifting toward the $240–$244 area that now forms a key short-term floor. If this zone fails to hold, the next potential downside region sits in the $200–$210 band, while any rebound faces resistance between $260 and $280 and a major hurdle at $300.

Retail credit withdrawals on NEXO fell from $136.63 million in January 2025 to $22.04 million by November, then stabilized near $23.957 million in December 2025 and $23.965 million in January 2026. According to CryptoQuant/X, Aave's ETH borrowing peaked near 1.2 million in mid-2025 before easing toward 300,000 by early 2026, while NEXO broke below $0.901–$0.947.

Bitcoin’s correction intensified as leverage reset and Open Interest declined sharply. More than $5 billion was liquidated in four days, with price sliding to about $77,700 and weekly liquidations near $1.6 billion; a rebound toward $80,000 could trigger around $1 billion in short liquidations.

On 24 January, Nietzschean Penguin (PENGUIN) spiked from under $0.01 to a $0.167 all-time high before sliding about 75% to the $0.037–$0.042 area. A wallet "8cgRT" exited with a $92,700 loss after $305,300 in buys as momentum reversed. Fixed 1 billion supply and over 45,000 holders by late January 2026 did not halt the decline.

Bitcoin fell below the $76,000 long-term realized cost basis over the weekend, a level built over roughly 27 months of accumulation and seen as structurally important. The move, driven by ETF outflows, tighter liquidity and defensive derivatives positioning, pushed price to stabilize near $78,000 while traders now watch $80,000 as the first upside reclaim target.