The 2.4 Million Ethereum Anchor: How Binance’s Illiquid Supply Is Absorbing ETH’s February Volatility

Ethereum is navigating a period of heightened volatility and uncertainty as it hovers around the critical $2,000 threshold. While recent price action suggests temporary stabilization after weeks of selling pressure, conviction remains limited. The $2,000 level is functioning less as confirmed support and more as a psychological battleground where short-term positioning, liquidity conditions, and sentiment […]