Odaily News Santiment said in a post on X that ETH has shown signs of a mild rebound, with the current market price back to $2,745, outperforming most altcoins at the beginning of this week. In the long run, ETH continues to move from exchanges to cold wallets at an alarming rate, with exchanges accounting for only 6.38% of the available supply (the lowest level since Genesis).
Meanwhile, the community has shown renewed interest in ETH in February. After underperforming relative to other high-cap coins in 2024, expectations have risen that ETH will rebound when the market fully recovers.