#ETHLongShortBattle The Hard Numbers (February 2026)
According to on-chain data from Lookonchain and Onchain Lens, the activity is indeed significant:
Total Sold This Month: Approximately 11,422 ETH (as of Feb 25).
Total Value: Roughly $23.33 million.
Average Price: Holding steady around $2,027 per ETH.
Remaining Target: Out of his announced 16,384 ETH plan, about 70% has been liquidated, leaving roughly 4,962 ETH to go.
Bullish or Bearish?
The "vibes" are split, but the context changes the signal:
🔴 The Bearish Take (Short-Term Pain)
Timing: The sales are happening while ETH is already down