330,000 ETH Worth Over $660 Million Exit Crypto Exchanges in One Week as Open Interest Rises

On February 12, 2026, analyst Ali Martinez highlighted that 330,000 ETH, valued at more than $660 million, were withdrawn from exchanges over the prior week. Ethereum has hovered near $2,000 with a 1.33% gain in the last 24 hours and trades at $1,966, while overall exchange open interest is up 2.76% even as CME open interest has fallen 2.02%.