Santiment said in a post on X that ETH has shown moderate signs of a rebound. The market price has now recovered to $2,745, outperforming most counterfeit products at the beginning of the week. In the long term, ETH continues to move from exchanges to cold wallets at an alarming rate, with exchanges accounting for only 6.38% of available supply (the lowest level since the creation of the world). Meanwhile, the community showed renewed interest in ETH in February. After underperforming against other high-cap coins in 2024, people began to expect a rebound when the market fully recovers.