Ethereum rejected at $3,000 on January 25, 2026; on-chain activity remains strong

On January 25, 2026, Ethereum traded in the $2,930–$2,950 range after a rejection near $3,000. According to the article's analysis, spot ETH ETF outflows exceeded $600 million between January 20–23, including a $250 million single-day exit from BlackRock's ETHA, while whales accumulated roughly $1 billion. Network usage indicators and validator trends remain firm, tempering the impact of recent selling.