KEYTAKEAWAYS
- CEXs See Net Inflow of 9,895.25 BTC Over Past 7 Days
- Ethereum L1 and Solana Transaction Cost Gap Hits Historic Low, Briefly Differing by Just $0.28
- MURA, MELANIA, FTN Tokens Face Major Unlocks This Week, MURA Unlock Value Exceeds $85.4 Million
CONTENT
Welcome to CoinRank Daily Data Report. In this column series, CoinRank will provide important daily cryptocurrency data news, allowing readers to quickly understand the latest developments in the cryptocurrency market.
CEXS SEE NET INFLOW OF 9,895.25 BTC OVER PAST 7 DAYS
According to Coinglass data, centralized exchanges (CEXs) recorded a total net inflow of 9,895.25 BTC over the past 7 days. Bitfinex led with an inflow of 6,336.64 BTC, followed by Kraken and Bybit with inflows of 34,730.55 BTC and 1,061.39 BTC respectively. Additionally, the cumulative net inflow to CEXs over the past 30 days has reached 51,500.47 BTC, indicating a significant increase in market activity.
Source: Coinglass
Analysis:
The large BTC inflows to CEXs reflect increased market liquidity and improved investor sentiment. The significant inflows to major exchanges like Bitfinex, Kraken, and Bybit suggest that institutions and large investors may be actively positioning themselves or preparing for a market rebound. Furthermore, the cumulative net inflow of over 51,000 BTC to CEXs over the past 30 days further confirms the increase in market activity, possibly related to recent Bitcoin price stabilization and changes in the macroeconomic environment.
However, the large Bitcoin inflows to exchanges could also indicate that some investors are preparing to sell, warranting caution regarding short-term market volatility risks. Overall, while the increased capital inflow provides liquidity support for the market, investors should closely monitor subsequent capital flows and changes in market sentiment to capture potential opportunities and avoid risks.
ETHEREUM L1 AND SOLANA TRANSACTION COST GAP HITS HISTORIC LOW, BRIEFLY DIFFERING BY JUST $0.28
According to Coinbase executive Conor Grogan, the average transaction cost gap between Ethereum’s layer-1 network (L1) and Solana reached a historic low last weekend. At 7:00 on February 15, 2025, the cost difference between the two was only $0.28, demonstrating significant progress in Ethereum L1’s transaction fee optimization.
Source: X
Analysis:
The historic low in the transaction cost gap between Ethereum L1 and Solana reflects significant improvements in Ethereum’s Layer 1 optimization. With the ongoing progress of Ethereum 2.0 upgrades and implementation of mechanisms like EIP-1559, Ethereum’s enhanced transaction efficiency and reduced fees are attracting more users back to its mainnet. The $0.28 gap indicates that Ethereum is gradually reducing its disadvantage in competition with other high-performance public chains, strengthening its appeal as a mainstream blockchain platform.
However, Solana maintains its competitiveness in specific scenarios with its advantages in high throughput and low latency. During the recent Libra project turbulence, Solana’s transaction costs occasionally exceeded those of Ethereum L1, demonstrating the direct impact of market volatility on public chain ecosystems. Looking ahead, competition between Ethereum and Solana will intensify, with users likely switching between different chains based on specific needs, driving continuous innovation and optimization in public chain technology.
MURA, MELANIA, FTN TOKENS FACE MAJOR UNLOCKS THIS WEEK, MURA UNLOCK VALUE EXCEEDS $85.4 MILLION
According to Token Unlocks data, tokens including Murasaki (MURA), Melania Meme (MELANIA), and Fasttoken (FTN) will face major unlocks this week. MURA will unlock 20 million tokens at 8 AM on February 23, valued at approximately $85.4 million, representing 1.7% of circulating supply; MELANIA will unlock 61.25 million tokens at 8 AM on February 20, valued at approximately $81.5 million, representing 41.1% of circulating supply; FTN will unlock 20 million tokens at 8 AM on February 18, valued at approximately $78.6 million, representing 4.7% of circulating supply.
Additionally, tokens including QuantixAI (QAI), Metars Genesis (MRS), and Immutable (IMX) will also undergo unlocks, involving a total value exceeding $250 million.
Source: Tokenomist
Analysis:
The major unlocks of MURA, MELANIA, and FTN tokens may cause short-term market volatility. MURA’s unlock value of $85.4 million represents 1.7% of circulating supply, while MELANIA’s 61.25 million token unlock represents 41.1% of circulating supply, potentially leading to significant selling pressure.
With token unlocks totaling over $250 million, the market faces supply-demand adjustments. Investors should monitor short-term price fluctuations. While unlocks may create downward pressure, increased market demand could drive long-term project liquidity and attention.
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