Lookonchain monitoring reported that a certain Smart trader address sold 7,425 ETH (approximately $21.8 million) at an average selling price of $2,937 early this morning. It is worth noting that this address has made a profit of $10.66 million through band trading of ETH in the past four months. The 7,425 ETH sold this time was bought at a price of $2,219 on January 26th, when it was only worth $16.5 million.

– It has been over three years since Vitalik put pen-to-paper voicing “a rollup-centric ethereum roadmap.” While there have been immense changes in the interim, the vision expressed aged like fine wine as the Ethereum community continued down this path. The launch of the beacon chain, the merge, withdrawals, and the imminent proto-danksharding fork embody the engineering, research, and coordination excellence of the individuals and teams contributing to the protocol. As 2024 sets in, however, there is more noise than ever. We feel it is worth reviving the “rollup-centric roadmap” with an updated worldview; modern problems may necessitate novel solutions.

Based on the monitoring of on-chain analyst Yu Jin, the whale who previously made a profit of 20.8 million US dollars by leveraging long ETH and LINK investments sold 28,706 ETH (62.83 million US dollars) at an average price of 2,189 US dollars on December 21, 2023 and transferred 35.78 million USDT to Binance. Now the whale has started buying ETH again: in the past 24 hours, they withdrew 5,400 ETH (15.84 million US dollars) from Binance at an average price of 2,934 US dollars.

According to on-chain analyst @ai_9684xtpa, as reported by Jinse Finance, the Ethereum ICO participant with the dormant account 0xE20...FA479 has deposited 1732 ETH worth $5.18 million into Kraken. This whale had received 3465 ETH from the Genesis address on July 30, 2015, and still has 1733 ETH remaining with a floating profit of $5.19 million.

Ethereum has returned above $3000 since April 26th, 2022, with a 24-hour increase of 3.43%.

Why rainbow?We intend to convey that the architecture below is appropriate to offer services provided by a wide spectrum of participants, such as professional operators, solo home stakers, or passive capital providers.Additionally, the spectrum 11 may remind the reader of eigenvalues, while we intend for this proposal to partially enshrine a structure similar to re-staking.

The aim of this article is to delve into the factors underpinning Ethereum’s long standing dominance in the DeFi realm and to examine how Solana has made significant strides in recent times, though whether this can be sustained remains uncertain.

According to data from IntoTheBlock shows that the amount of Ethereum supply staked in the past week reached 25%, with a large portion flowing into re-staking protocols.

According to CoinShares CSO Meltem Demirors, the narrative surrounding Ethereum has been hindered by the emergence of alternative layer-1 blockchains, making it less likely for crypto newcomers to choose Ethereum as their entry point into the digital asset ecosystem. Demirors believes that Ethereum's complicated scaling roadmap and lack of a strong narrative may be contributing factors. While the Ethereum community is strong, it lacks the die-hard brand loyalty displayed by Bitcoin maximalists. Demirors questions whether Ethereum can maintain market share as more layer-1 blockchains with faster, cheaper, and more intuitive user experiences emerge.

According to Dune data, Linea mainnet has bridged 394,740 ETH with 929,505 transactions and 422,273 interacting addresses.

ETH bulls call for $3,000 as the next stop for Ether, but the altcoin corrected by 46% the last time it traded above this level.

Cryptocurrency exchange Kraken revealed a significant increase in data requests received in 2023. Among the main findings, Kraken disclosed that 28.2% of the requests came from US law enforcement agencies, accounting for a large portion of the total number of queries. Kraken provides services to a vast clientele of over 9 million in 190 countries/regions. The company revealed that it received 4,923 data requests in 2023, a significant increase from previous years. Kraken stated that it has a responsibility to comply with laws and regulations while prioritizing the protection of customer privacy. The company also claimed that it adheres to strict policies and procedures to ensure data disclosure complies with applicable laws and regulations.

Layer2 interoperability protocol Connext has announced that it has gone live on Base. Renzo Protocol users will be able to re-stake native ETH on EigenLayer on Base without interacting with Ethereum. In addition, users can also receive ezPoints and EigenLayer re-staking points.

Ether.fi, a liquidity re-staking protocol, has announced that it has staked 450,000 ETH and the number is still growing. The team will announce some token economics and other significant information next week.

On February 17th, as reported by Blur market information, an address starting with 0xb5fc received 70 ETH from Bybit four days ago and made a large purchase of Moonbirds NFTs. On February 13th alone, they bought 37 Moonbirds NFTs with an average purchase price of about 1.08 ETH. The address then used some of the Moonbirds NFTs for collateralized borrowing and continued to buy Moonbirds and related NFT series.<br>As of the time of writing, the address currently holds 80 Moonbirds NFTs, 71 Moonbirds: Mythics, 28 Moonbirds Oddities, and 13 Mythics: Egg.<br>In today's news, Yuga Labs, the development team of Bored Ape Yacht Club, announced that they have acquired the development team of Moonbirds.

L2BEAT data shows that the current total locked value (TVL) of Ethereum Layer 2 is $25.34 billion, with a 7-day increase of 10.97%. The top five locked values are: Arbitrum One TVL is $12.25 billion, with a 7-day increase of 12.11%; OP Mainnet TVL is $6.5 billion, with a 7-day increase of 15.45%; Manta Pacific TVL is $1.76 billion, with a 7-day increase of 13.81%; Base TVL is $0.843 billion, with a 7-day increase of 6.89%; Metis TVL is $0.732 billion, with a 7-day increase of 10.34%.

According to Scopescan monitoring, a whale withdrew 11,999 ETH (approximately $31.84 million) from Binance two hours ago (before the current ETH price increase).

According to Deribit data, nominal value of over $966 million in BTC options and $543 million in ETH options contracts will expire and settle this Friday (February 16th). The maximum pain point price for BTC is $45,500, and for ETH it is $2,350.

As monitored by @ai_9684xtpa, in the past 4 hours, the whale address starting with 0xD7F has received a total of ETH from 8 addresses and deposited 23,232 ETH worth $61.12 million into the staking service provider P2P.org.

According to Nansen 2 data, the Smart Money 24-hour fund inflow tracking list on the Ethereum network is as follows: