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BTC $70,646.46 -2.42%
ETH $2,070.98 -2.82%
BNB $653.04 -2.37%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $459.00 -1.86%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

double

Vitalik interprets the Ethereum Foundation's new mission statement: to double down on Ethereum and promote it as a "technological safe haven."

Vitalik Buterin posted on the X platform to interpret the Ethereum Foundation's new mission statement, "EF Mandate." He expressed that he will double down on Ethereum and is full of expectations for its future development.Vitalik Buterin pointed out that Ethereum has a unique role in the global digital ecosystem, with its mission being to become a "sanctuary technology" to maintain technological self-sovereignty and promote collaboration in a non-coercive, non-dominant environment. The core goal of Ethereum is to ensure that no individual, organization, or ideology can achieve absolute control in cyberspace and to provide users with an "exit mechanism." The Ethereum Foundation, as the "guardian" of the network, will continue to focus on advancing the CROPS principles, which include censorship resistance and anti-capture, open source, privacy, and security. It will prioritize decentralization, verifiability, network activity, and security at the protocol level while promoting capability upgrades such as account abstraction to reduce reliance on intermediaries.At the application layer, the Ethereum Foundation will strive to create a "zero option" user experience that balances security, privacy, and user autonomy, complementing broader ecosystem projects to jointly promote the development of the Ethereum ecosystem.

Analyst: Weak institutional demand combined with inflow pressure from CEX puts double selling pressure on the Bitcoin market

Cryptocurrency market analyst Axel posted on social media, stating that data from the past week reveals an increasingly widening gap between institutional demand narratives and actual capital flows. ETF inflow momentum remains unstable, while net exchange flows continue to stay positive, with tokens flowing into rather than out of trading platforms. Over the past 7 days, the total net outflow from U.S. spot Bitcoin ETFs reached 11,042 BTC, with only two trading days recording net inflows.On February 12, the single-day outflow reached 6,120 BTC (approximately $416 million), marking the largest outflow day of this period. On February 17 and 18, there were consecutive trading days with outflows of 1,520 BTC and 1,980 BTC, respectively, indicating that institutional accumulation momentum has yet to form.Meanwhile, supply on trading platforms continues to increase. Since early February, net exchange flows have remained positive, ranging from +391 BTC to +841 BTC over the past week. Today's reading is +553 BTC, continuing a trend of positive inflows for two consecutive weeks. This stands in stark contrast to the negative pattern (tokens flowing out of exchanges) observed in January.Axel noted that both key indicators point in the same direction: over the past week, the ETF channel saw an outflow of 11,042 BTC, while supply on trading platforms continues to grow. Institutional demand has not only failed to absorb the new supply entering the market but has also become an additional source of selling pressure. The establishment of a positive accumulation trend requires at least three consecutive trading days of positive ETF net inflows, along with net exchange flows turning negative (indicating tokens are being withdrawn from exchanges for custody accumulation). The ETF flows over the next 3 to 5 trading days will be a key variable in determining market direction.
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