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Daily Briefing: Ethereum broke through $3100 this morning; ETH/BTC exchange rate rebounded and surpassed 0.06, rising over 15% in the past two weeks.

Read this article in 13 Minutes
Good morning! Here is a summary of important news in the cryptocurrency industry from last night and this morning on February 26th.

Selected News:

1. ETH/BTC exchange rate rebounds and breaks through 0.06, with a rise of over 15% in the past two weeks.

2. Bitcoin Magazine published an article explaining its Bitcoin L2 standard, which must meet three conditions.

3. The total value locked (TVL) of DEX across the entire network has reached 17.37 billion US dollars, with Uniswap accounting for nearly 30%.

4. Blast TVL breaks through $2 billion;

5. This week's unlocked data overview: 24.16 million OP will be unlocked on February 29th, and 33.33 million DYDX will be unlocked on March 1st.


Price Observation


Ethereum broke through $3100 this morning with a 24-hour increase of 4%.

According to OKX market data, Ethereum broke through $3100 this morning and is currently priced at $3111, with a 24-hour increase of 4%.


AR breaks through $15, with a 24-hour increase of over 18%According to OKX market information, AR has broken through $15 and is currently priced at $15.324, with a 24-hour increase of 18.41%.


SC drops below $0.01, down more than 55% in 24 hoursAccording to OKX market data, Siacoin (SC) has fallen below $0.01 and is currently priced at $0.00943, with a drop of over 55% in the past 24 hours.


ARKM short-term breakthrough $1.7, creating a new historical high

According to market data, ARKM has broken through $1.7 in the short term and is currently priced at $1.6665, with a 24-hour increase of 30.85%, reaching a new historical high.


Delysium (AGI) broke through $0.3, with a monthly increase of over 500%.

According to market data, Delysium (AGI) has risen from 0.04778 USDT on January 25th to a breakthrough of 0.3 USDT on February 25th, reaching a high of 0.3031 USDT. In just one month, the price of AGI has increased by over 500%.


USTC short-term breakthrough $0.04, 24-hour increase of 18.5%According to the market data from OKX, USTC has broken through 0.04 USD in a short period of time and is currently priced at 0.038 USD, with a 24-hour increase of 18.5%.


ORDS is now priced at 0.1651 US dollars, reaching a new historical high.

According to market data, ORDS is currently priced at $0.1651, with a 24-hour increase of 29.13%, reaching a new historical high.


NodeMonkes floor price rises to 0.395 BTC, hitting a new historical highAccording to Magic Eden market data, the floor price of Bitcoin ecosystem NFT NodeMonkes has risen to 0.395 BTC (approximately $20,382 USD), reaching a new historical high with a 24-hour increase of 34%.


Transaction Tracking


A certain address made a profit of $3.95 million by trading TRUMP tokens for 9.85 ETH.

According to the monitoring of ai_9684xtpa, the address 0x63a bought 2,458,190 TRUMP at an average price of 0.008112 USD in mid-August 2023.


In November 2023 to February 2024, this address sold 1.69 million tokens in batches, earning $89,000. With the surge of TRUMP, the remaining position of this address currently has a floating profit of $3.86 million.


A certain whale has withdrawn a total of 13,380 ETH worth approximately $39.78 million from Binance in the past 5 days.

According to on-chain analyst Yu Jin, a whale who previously made a profit of $20.8 million on ETH and LINK recently withdrew 13,380 ETH (worth $39.78 million) from Binance at an average price of $2,973 per token, with a frequency of one transaction per day over the past 5 days.


Then transfer 10,820 ETH (32.84 million USD) to the 0xB26 multi-signature address and deposit it into ETH PoS staking.



























ETH/BTC exchange rate rebounds and breaks through 0.06, rising more than 15% in the past half monthAccording to OKX market data, the ETH/BTC exchange rate has rebounded and broken through 0.06, currently reporting at 0.06018, with a 24-hour increase of 3.7%. It has risen more than 15% in the past half month.


Data: Total TVL of DEX on the whole network reaches 17.37 billion US dollars, with Uniswap accounting for nearly 30%

According to DefiLlama data, the current total value locked (TVL) of DEX on the entire network has reached 17.37 billion US dollars, with the top three DEX being:


Uniswap: $5.057 billion, accounting for 29.11%.


Curve: $2.275 billion, accounting for 13.09%.


PancakeSwap: $1.837 billion, accounting for 10.57%.


Data: EigenLayer TVL exceeds 8 billion US dollars

According to DefiLlama data, the total value locked (TVL) of EigenLayer, a liquidity re-collateralization protocol in the encryption industry, has exceeded 8 billion US dollars and is currently at 8.176 billion US dollars.


Linea mainnet has bridged over 400,000 ETH

According to Dune data, the Linea mainnet has bridged 411,376 ETH with a total of 940,432 transactions and 428,014 interacting addresses.


Data: Blast TVL breaks $2 billion

According to DeBank data, the total value of assets held by the contract address of Blast, a Layer 2 network launched by Pacman, the founder of Blur, has exceeded $2 billion, with a current value of $2,000,039,549. Among them, approximately $1.8 billion worth of ETH has been deposited into the Lido protocol, and over 166 million DAI has been deposited into the Maker protocol.


Data: Ordinals Inscription cumulative revenue exceeds 6200 BTC

Dune data shows that the cumulative fee income generated by the Bitcoin NFT protocol Ordinals' inscription casting has reached 6,200.24 BTC, equivalent to approximately 316 million US dollars. The total amount of inscriptions cast has now exceeded 61,186,257 coins.


Financing Express


The encryption entertainment platform Shuffle has completed a $2.5 million financing round, with participation from Karatage, Parc Capital, and others.

The encryption entertainment platform Shuffle announced on social media that it has completed a $2.5 million financing round, with angel investors including Karatage, Cypher Capital, Sunforge (Robbie and James Ferguson), ODA Capital, Web3 Wizards, UpsideDAO, Parc Capital, Baboon VC, and Andrew Kang from Mechanism Capital and Tristan Yver from Backpack.


Last week, Shuffle announced the key details of the ERC-20 token SHFL distribution plan. The total supply is 1 billion, with an initial supply of 71,126,984.56 SHFL. Token generation and airdrop activities are expected to take place in the first week of March.


Multi-chain wallet Nest Wallet completes over $3.6 million in financing, with participation from Orange DAO and othersAccording to official sources, multi-chain wallet Nest Wallet has completed a financing round of over $3.6 million, with participation from Inception Capital, Orange DAO, Ascensive Assets, Snack Clube, gumi Cryptos Capital, INCE Capital, as well as YouTube co-founder Steve Chen, Twitch co-founder Kevin Lin, and The Sandbox co-founder Sebastien Borget.


It is reported that the wallet is similar to Robinhood and has been integrated with DexScreener and Birdeye, and added to the Blast ecosystem. It supports key and biometric signature on mobile devices.


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