Tron Processes 994M Transactions in Q4 2025, Daily Peak Reaches 12.6M

Vitalik Buterin reduces holdings by 17,000 ETH, with a 37% monthly decline. Ethereum's selling pressure and staking yields both decline, exerting dual pressure.

On February 25, news reports indicate that as Ethereum's price has declined approximately 37% this month, market attention has shifted to Vitalik Buterin's on-chain fund movements. On-chain data platform Arkham Intelligence shows that Buterin-related wallets held about 241,000 ETH in early February, but this has recently decreased to approximately 224,000 ETH, with continuous outflows during this period, totaling a reduction of nearly $43 million in a single month, adding additional disturbance to ETH market sentiment. On-chain records indicate that this batch of Ethereum was not sold off in a single large transaction but was gradually exchanged through decentralized aggregated trading methods, a typical slippage reduction strategy. This pace suggests that selling pressure is being released gradually rather than causing short-term liquidity shocks. Meanwhile, Ethereum's price has fallen back to around $1,900, with the weak trend resonating with ongoing fund outflows, intensifying investors' cautious outlook on the short-term trend.

BitMine collectively holds 4.42 million Ethereum, with approximately 3 million ETH staked.

BitMine announces its total assets worth $9.6 billion, including 4.42 million Ethereum and 193 Bitcoin. The company also holds $200 million in stocks and $691 million in liquidity, with staked Ethereum totaling 3.04 million, generating an annualized yield of $171 million.

[Spot ETF] XRP·SOL continue to see net inflows… HBAR·AVAX switch to inflows

The US cryptocurrency spot ETF market data shows that XRP and SOL each achieved single-day net inflows of $3.04 million and $3.78 million, respectively, while DOGE and LINK maintained zero net inflow/outflow. Several ETFs experienced net inflows, but overall liquidity has contracted.

When "stability" begins to fluctuate: A full review and structural analysis of the USD1 de-pegging event

The stablecoin USD1 experienced a depegging on February 23, dropping to 0.98 USDT at one point. The project team attributed this to a "collaborative attack." Although the price quickly recovered, it raised concerns in the market about its reserve transparency and credit structure. This incident is seen as a trust stress test for liquidity shocks. While it did not pose systemic risk, it serves as a reminder for the market to reassess the credit and risk of stablecoins.

On-chain data: Nearly 300 XAUt tokens were large withdrawals from Gate's hot wallet, valued at approximately 1.537 million USD.

PANews February 25 News, according to on-chain monitoring data, Gate's hot wallet transferred out 299.999794 XAUt on February 24 at 17:06 (UTC+8). Based on the price at that time, the value was approximately $1,537,000, with a unit price of about $5,134.3 per token.

Bitcoin dips gradually; buying more means losing more, discouraging buyers from entering the market

Recently, the Bitcoin market has continued to decline, with prices dropping from the peak to around $62,800. Nearly 45% of the circulating supply is showing unrealized losses. The market lacks selling pressure, and investors remain cautious, viewing short-term rebounds as exit opportunities. The US Bitcoin spot ETF is also experiencing net capital outflows, and large holders have increased their recent sales. The market expects support between $60,000 and $69,000, with the main resistance level at $79,000.