ichaingo Daily Data (February 14, 2025)

  • Market Overview

    • Bitcoin (BTC) dropped 1.30%, closing at $96,623.86, with a market cap of $1.92 trillion (59.94% dominance).
    • Ethereum (ETH) fell 2.23%, closing at $2,675.90, with a market cap of $324.7 billion (10.25% dominance).
    • Among top 100 cryptocurrencies, 19 rose (led by KAS +5.00%) and 81 fell (led by XCN -13.17%).
  • ETF Data

    • US Bitcoin spot ETF: $112.5B AUM, $1.77B daily volume, $157M outflow.
    • US Ethereum spot ETF: $10.3B AUM, $248M daily volume, $12.92M inflow.
    • Hong Kong Bitcoin/ETH spot ETFs saw minimal outflows ($0) with $413M and $54.6M AUM, respectively.
  • On-Chain Activities

    • Large BTC/ETH transactions declined (74.28% and 36.12% drop, respectively), mostly流向 exchanges.
    • Active addresses rose (BTC +7.23%, ETH +8.59%), with top 100 holders increasing holdings (BTC 15%, ETH 69.14%).
  • Key News

    • January PPI data exceeded expectations, but Fed-favored PCE metrics eased inflation fears.
    • USDX stablecoin integrated Axelar’s cross-chain service, deploying on Arbitrum, BNB Chain, and Ethereum.
    • Trump’s WLFI narrowed crypto losses to $49.1M after $6.41M WBTC/MOVE purchases.
    • BscScan faced unplanned maintenance, disrupting block updates and API services.
    • Hong Kong announced major crypto/Web3 events, including Consensus Hong Kong 2025 (8,000+ attendees) and a Bitcoin Conference in August.
Summary

Market Overview

In the past 24 hours, the price of Bitcoin (BTC) fell by about 1.30% compared with the previous day, opening at $97888.74, closing at $96623.86, with a 24-hour high of $98111.08 and a low of $95269.70. The current market value of Bitcoin is $1.92 trillion, accounting for 59.94% of the total market value of cryptocurrencies, down about 0.56% from the previous day.

In the past 24 hours, the price of Ethereum (ETH) fell by about 2.23% compared with the previous day, opening at $2737.02 and closing at $2675.90, with a 24-hour high of $2756.44 and a low of $2615.66. The current market value of Ethereum is $324.738 billion, accounting for 10.25% of the total market value of cryptocurrencies, up about 2.91% from the previous day.

In the past 24 hours, 19 of the top 100 virtual currencies by market value rose and 81 fell. The top three currencies with the highest increases were KAS (5.00%), TRUMP (4.06%), and HYPE (3.43%), and the top three currencies with the largest decreases were XCN (13.17%), BGB (7.54%), and TAO (5.48%).

ETF Data

As of press time, the total assets under management of the US Bitcoin spot ETF is $112.5 billion, the total transaction volume on the previous day is $1.77 billion, and the total outflow on the trading day is $157 million. The total assets under management of the US Ethereum spot ETF is $10.3 billion, the total transaction volume on the previous day is $248 million, and the total inflow on the trading day is $12.92 million.

As of press time, the total asset management scale of Hong Kong Bitcoin Spot ETF is $413 million, the total transaction volume on the previous day is $3.38 million, and the total outflow of funds on the trading day is $0. The total asset management scale of Hong Kong Ethereum Spot ETF is $54.6 million, the total transaction volume on the previous day is $4.3887 million, and the total outflow of funds on the trading day is $0.

On-chain activities

In the past 24 hours, there were 3 transactions on the chain with a single transaction of more than 1,000 BTC, with a total amount of about 300 million US dollars, a decrease of about 74.28% from the previous day, mainly flowing to exchanges and wallet addresses. In the past 24 hours, there were 17 transactions on the chain with a single transaction of more than 1,000 ETH, with a total amount of about 990 million US dollars, a decrease of about 36.12% from the previous day, mainly flowing to exchanges.

The current number of active addresses on the Bitcoin chain is about 760,000, up 7.23% from the previous day. The current number of active addresses on Ethereum is about 760,000, up 8.59% from the previous day. The top 100 Bitcoin addresses account for 15.00%, up 0.13% from the previous day, indicating a trend of institutional holdings. The top 100 Ethereum addresses account for about 69.14%, up 0.09% from the previous day, indicating a trend of institutional holdings.

Important News

On February 14, the PPI data released on Thursday exceeded expectations in January, with the year-on-year growth rate reaching a two-year high. However, the PCE related sub-items, the most favored inflation measurement indicator of the Federal Reserve, all showed a monthly decline. The data eased inflation concerns, and the market generally reacted dovishly to the PPI report. In addition, Trump's decision to impose reciprocal tariffs, but not immediately, also gave the market a temporary relief.

According to official news, the stablecoin issuance protocol usdx.money announced the integration of Axelar's cross-chain token service (ITS). USDX and its yield token sUSDX have been natively deployed on 3 chains: Arbitrum, BNB Chain and Ethereum.

On February 14, according to @ai_9684xtpa monitoring, after increasing its holdings of WBTC and MOVE worth $6.41 million today, the cumulative floating loss of Trump WLFI's investment tokens has narrowed to $49.153 million.

On February 14, according to the official announcement of BscScan, since 23:10 (Beijing time) on February 13, BscScan has been undergoing unplanned maintenance due to problems with the database service. The engineering team is currently repairing it, and the specific recovery time is to be determined. The affected services include block data updates, website and API services, and contract verification functions. BscScan said it will provide an estimated repair time as soon as possible.

On February 14, the managing director of the Hong Kong Convention and Exhibition Management Company, Ms. Mei Li Yuxia, said that in order to cooperate with the development of Hong Kong's financial technology, this year's convention and exhibition will hold a number of large-scale exhibition activities related to cryptocurrency, Web3, etc., including Consensus Hong Kong 2025 on February 18, which is expected to attract more than 8,000 cryptocurrency, blockchain and Web3-related industry professionals, of which 6,000 are from all over the world; in addition, the Hong Kong Bitcoin Conference will be held in August.

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Author: iChainfo

This article represents the views of PANews columnist and does not represent PANews' position or legal liability.

The article and opinions do not constitute investment advice

Image source: iChainfo. Please contact the author for removal if there is infringement.

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