Bitcoin is trading back above $66,000 and trying to consolidate around this level, but on-chain and technical data point to fragile upside. Since January 14, exchange reserves have climbed from 2.723 million BTC to 2.752 million BTC, while 30‑day netflows have shifted from negative to positive, indicating a transition from accumulation to distribution. Price now sits just above the 200‑week moving average near $66K after a sharp rejection from the $120K–$130K area, and failure to defend this macro support could expose deeper downside.

In mid-January, Ethereum peaked near $3,400 before a liquidation-led slide toward the $1,850 area in recent weeks, according to a CryptoQuant analyst. In February, the 30‑day Net Taker Volume fell to its most negative level since last November. Price action is attempting to stabilize around $2,000 while remaining below the 50-, 100- and 200-day moving averages.

Ethereum has traded under sustained selling pressure this year, repeatedly failing to regain the $2,000 level and slipping toward the $1,900 area as momentum weakens. According to Arkham, Vitalik Buterin has sold about 11,422 ETH worth roughly $23.33 million over the past month as part of a planned 16,384 ETH distribution, with around 4,962 ETH still potentially to be moved. While these transactions from a key Ethereum figure may weigh on sentiment in a fragile liquidity environment, the market could gradually absorb the remaining supply if demand holds steady.

XRP is hovering near $1.33 as momentum remains weak and buyers show limited conviction. CryptoQuant data indicates the Estimated Leverage Ratio has fallen to about 0.16, with its 30- and 50-day averages trending lower, pointing to reduced speculative exposure. The analysis also highlights Binance's central role in XRP derivatives liquidity and short-term positioning.

According to CryptoQuant, more than 31 million XRP were sent to Binance in a single day yesterday, lifting readily tradable supply to nearly $45 million at current prices. XRP is struggling to defend the 1.30–1.40 range while Bitcoin stays range bound, and concentrated large holder deposits have heightened near term selling risk for the token.

XRP remains under pressure as market depth thins and exchange flow signals are tracked for parallels to the 2024 expansion. The token pulled back from a move above $3.00 in 2025 and now sits between support at $1.30–$1.40 and resistance at $1.80–$2.20. Traders are monitoring liquidity compression and volatility risk before committing capital.

XRP has faced persistent selling and weak demand in recent weeks, with price action reflecting limited bullish conviction as it trades below key moving averages. According to CryptoQuant, the XRP supply ratio on Binance fell from 0.027 to 0.025 over the past ten days, implying roughly 200 million XRP have been withdrawn into private custody. This outflow reduces immediate exchange liquidity and suggests a segment of market participants may be positioning for potential recovery while price struggles near the $1.30–$1.40 support zone.

Ethereum is trading around the $2,000 mark as the broader crypto market faces uncertainty and sustained selling, with price action still showing a corrective bias. According to a recent CryptoQuant analysis, Ethereum’s Estimated Leverage Ratio on Binance has dropped from about 0.675 to roughly 0.557, its lowest level since last December, indicating reduced speculative risk. While ETH remains below key moving averages and under bearish technical pressure, the $1,900–$2,000 zone is acting as a short-term stabilization area that could shape the next decisive move.

Bitcoin has struggled to retake the $70,000 level, while on-chain positioning shows concentration among larger holders. As of February 16, 2026, wallets with 1,000–10,000 BTC held 4.483 million BTC, with 71.3% controlled by long‑term whales and 28.7% by short‑term cohorts, according to a CryptoQuant analyst. Short‑term whales' realized price is about $88,494 versus $41,626 for long‑term whales.