ChainCatcher message, the encrypted KOL clarified that the previous analysis regarding the Bybit hacker using the Solana network and Kanye Meme coin for money laundering was misleading due to @barneyxbt's post. He stated that the $1.38 billion worth of ETH on the Bybit hacker's address is still on the Ethereum mainnet and has deleted the previous analysis tweet.

ChainCatcher news, according to SoSoValue data, yesterday (Eastern Time, February 21) the total net outflow of Ethereum spot ETF was $8.9166 million.Yesterday, Grayscale Ethereum Trust ETF ETHE had a net outflow of $0.00, and the historical net outflow of ETHE is currently $3.998 billion.Grayscale Ethereum Mini Trust ETF ETH had a net outflow of $0.00 yesterday, and the historical total net inflow of Grayscale Ethereum Mini Trust ETH is currently $612 million.As of the time of writing, the total net asset value of the Ethereum spot ETF is $9.981 billion, with an ETF net asset ratio (market cap relative to Ethereum's total market cap) of 3.14%, and the historical cumulative net inflow has reached $3.154 billion.

ChainCatcher news, BitMEX founder Arthur Hayes posted on the X platform, questioning Ethereum co-founder Vitalik about the Bybit theft incident: "Would you support rolling back Ethereum to help Bybit?"Hayes added, "As a whale holder of ETH, I believe ETH has not been a currency since the hard fork after the 2016 DAO hack. If the community wants to do it again, I would support it, because we already voted against immutability in 2016, so why not do it again?"He further pointed out, "No one questions the DeFi operations on Zhao Changpeng's computer (referring to BNB), so why question ETH (which is Vitalik Buterin's computer)?"

ChainCatcher message, Bybit CEO Ben Zhou shared in a live broadcast: "Currently, we will not purchase Ethereum, and we are considering obtaining bridge loans from partners to make up for the stolen funds, 80% has already been secured."

ChainCatcher news, according to Defillama data, the total assets on the Bybit platform are currently $15.727 billion, which includes:$6.263 billion in Bitcoin;$5.18 billion in Ethereum;$1.35 billion in SOL;$1.143 billion in TRON.

ChainCatcher message, since the Bybit fund movement message was released by the Zachxbt monitoring channel today at 23:20 (Beijing time), Ethereum has dropped by 3.43%.

ChainCatcher news, according to Lookonchain monitoring, today 10 U.S. Bitcoin ETFs had a net outflow of 2744 BTC ($270.93 million), among which BlackRock had an outflow of 1137 BTC ($112.26 million), and currently, BlackRock holds 586,641 BTC ($57.93 billion);9 Ethereum ETFs had a net outflow of 3148 ETH ($8.83 million), among which Grayscale ETHE had an outflow of 2094 ETH ($5.87 million), and currently, Grayscale holds 1,300,716 ETH ($3.65 billion).

ChainCatcher news, according to Etherscan data, Ethereum chain Gas has dropped to 0.692 Gwei, with the average token exchange fee currently reported at 0.7 USD.

ChainCatcher message, Slow Fog issued an alert stating that Tether has just frozen 11 TRON addresses and 7 Ethereum addresses.

ChainCatcher message, according to SoSoValue data, yesterday (Eastern Time on February 20) the total net outflow of Ethereum spot ETF was $13.0915 million. Yesterday, Grayscale's Ethereum Trust ETF ETHE had a net outflow of $10.3395 million, and the historical net outflow of ETHE is currently $3.998 billion. Grayscale's Ethereum Mini Trust ETF ETH had a net outflow of $0.00 yesterday, and the historical total net inflow of Grayscale Ethereum Mini Trust ETH is currently $612 million.As of the time of writing, the total net asset value of the Ethereum spot ETF is $10.419 billion, with an ETF net asset ratio (market value as a percentage of Ethereum's total market value) reaching 3.14%, and the historical cumulative net inflow has reached $3.163 billion.

ChainCatcher news, Galaxy's Vice President of Research Christine Kim published a summary of the 151st Ethereum Core Developers Consensus (ACDC) call. During the meeting, developers discussed the client teams' readiness for the Pectra upgrade on the Holesky testnet and the follow-up work on PeerDAS Devnet 5. Developers also agreed to finalize EIP 7872, the maximum blob flag for local builders, and EIP 7870, hardware and bandwidth recommendations for validators and full nodes.

ChainCatcher news, Opensea's share of the trading volume in the Ethereum NFT market reached 71.5% last week. Four weeks ago, Opensea's share in the Ethereum NFT market was 25.5%.This growth mainly occurred last week, with its share jumping from 42.4% to 71.5%, taking away market share from Blur in the total NFT share. The surge in Opensea's trading volume may be attributed to the platform's announcement of the upcoming release of the SEA token.

ChainCatcher news, Franklin Templeton has announced the launch of an exchange-traded fund (ETF) that holds both spot Bitcoin and Ethereum. The Franklin Crypto Index ETF (EZPZ) is the second cryptocurrency index ETF to enter the U.S. market, following the launch of the Nasdaq Crypto Index US ETF (NCIQ) by asset management company Hashdex on February 14.The EZPZ fund holds assets referenced by the U.S. CF Institutional Digital Asset Index. As of February 20, this index only tracks Bitcoin and Ethereum. According to CF Benchmarks data, as of February 20, the market-cap weighted index consists of approximately 87% BTC and 13% ETH.Franklin Templeton plans for the EZPZ to hold more cryptocurrencies in the future, ultimately providing U.S. investors with a one-stop crypto portfolio as the index expands.

ChainCatcher news, according to The Block, Ethereum Foundation long-term member Josh Stark announced on social platform X that the foundation is hiring a social media manager. This move is in response to community criticism regarding the foundation's disconnect with its user base.The new social media manager will be responsible for managing the foundation's accounts on X, Facebook, LinkedIn, as well as crypto-native platforms Farcaster and Lens, while also operating the @ethereum brand account.According to Web3Career, in addition to the social media manager position, EF is also looking to fill several niche technical positions and community management roles.

ChainCatcher news, Ethereum founder Vitalik Buterin stated, "The Ethereum community in Argentina is filled with outstanding builders who have contributed some of the most important software in the Ethereum ecosystem. The energy and determination to leverage Argentina's current momentum, utilizing cryptocurrency and other new technologies to build a prosperous 21st-century society, is real. Recent news should not be seen as a reason to give up, but rather as an example of why education is so important. I remain optimistic about Argentina and Latin America's contributions and role in this field."

ChainCatcher news, according to Lookonchain monitoring, today 10 U.S. Bitcoin ETFs had a net outflow of 510 BTC ($49.92 million), of which Fidelity had an outflow of 502 BTC ($49.10 million), and currently, Fidelity holds 207,826 BTC ($20.34 billion);9 Ethereum ETFs had a net inflow of 9,368 ETH ($25.90 million), of which Fidelity had an inflow of 8,997 ETH ($24.87 million), and currently, Fidelity holds 467,650 ETH ($1.29 billion).

ChainCatcher news, according to The Block, JPMorgan analysts warned in their latest research report that institutional demand for CME Bitcoin and Ethereum futures has weakened, which will bring recent downward risks to the crypto market.The report pointed out that CME Bitcoin and Ethereum futures are approaching a "backwardation" (where futures prices are lower than spot prices), indicating that the demand from institutional investors for exposure to cryptocurrencies through CME futures contracts is weak. Analysts believe that this phenomenon is mainly influenced by two factors: first, the lack of positive catalysts has led some institutions to choose to take profits; second, momentum-driven funds are reducing their exposure.JPMorgan Managing Director Nikolaos Panigirtzoglou stated that the new U.S. government is unlikely to introduce significant crypto-related initiatives before the second half of 2025, which puts investors in a wait-and-see mode. Currently, Ethereum's momentum signals have turned negative, and the momentum signals for both Bitcoin and Ethereum have continued to weaken over the past few months.

ChainCatcher news, crypto analyst Miles Deutscher pointed out that since the election frenzy, the inflow of funds into Bitcoin and Ethereum ETFs has noticeably slowed down. As the market is forward-looking, most ETF buyers have already positioned themselves for the potential benefits that a Trump presidency could bring. With this demand being pre-absorbed, the market is now waiting for the next catalyst that could drive prices up.

ChainCatcher message, Ethereum co-founder Vitalik responded to the question "Have there been moments of frustration and disappointment with the EF, the community, or the industry in the past year?" during a text AMA held on the Tako platform, stating: "Of course. Perhaps the most disappointing moment for me recently was when someone said that Ethereum is bad and intolerant because we don't respect the 'casinos' on the blockchain, while other chains are willing to accept any application, so they are better.If the blockchain community has this kind of 'inverse moral issue', I have no interest in participating in blockchain. However, I found an interesting point: many people say those things on the internet, but when I chat with the community in person, everyone's values are still the same as before. So I feel a responsibility to this community; I cannot abandon them. Ethereum needs to work together to create the world we want to see.This will require some changes, such as the foundation may not be able to be too neutral at the application layer and needs to specifically support certain things, but this project must be worth us doing so."