Ethereum Near $2,000 as Transfers Jump from 1.6M (Jan 29) to 2.75M (Feb 7)

Following a steep retreat from roughly $3,000, Ethereum is trading just above $2,000 amid consolidation. The 14-day average of tokens transferred jumped from about 1.6 million on January 29 to approximately 2.75 million by February 7, the highest since August 2025, signaling stress that could precede either stabilization or deeper weakness.