On February 17th, as reported by Blur market information, an address starting with 0xb5fc received 70 ETH from Bybit four days ago and made a large purchase of Moonbirds NFTs. On February 13th alone, they bought 37 Moonbirds NFTs with an average purchase price of about 1.08 ETH. The address then used some of the Moonbirds NFTs for collateralized borrowing and continued to buy Moonbirds and related NFT series.<br>As of the time of writing, the address currently holds 80 Moonbirds NFTs, 71 Moonbirds: Mythics, 28 Moonbirds Oddities, and 13 Mythics: Egg.<br>In today's news, Yuga Labs, the development team of Bored Ape Yacht Club, announced that they have acquired the development team of Moonbirds.

L2BEAT data shows that the current total locked value (TVL) of Ethereum Layer 2 is $25.34 billion, with a 7-day increase of 10.97%. The top five locked values are: Arbitrum One TVL is $12.25 billion, with a 7-day increase of 12.11%; OP Mainnet TVL is $6.5 billion, with a 7-day increase of 15.45%; Manta Pacific TVL is $1.76 billion, with a 7-day increase of 13.81%; Base TVL is $0.843 billion, with a 7-day increase of 6.89%; Metis TVL is $0.732 billion, with a 7-day increase of 10.34%.

According to Scopescan monitoring, a whale withdrew 11,999 ETH (approximately $31.84 million) from Binance two hours ago (before the current ETH price increase).

According to Deribit data, nominal value of over $966 million in BTC options and $543 million in ETH options contracts will expire and settle this Friday (February 16th). The maximum pain point price for BTC is $45,500, and for ETH it is $2,350.

As monitored by @ai_9684xtpa, in the past 4 hours, the whale address starting with 0xD7F has received a total of ETH from 8 addresses and deposited 23,232 ETH worth $61.12 million into the staking service provider P2P.org.

According to Nansen 2 data, the Smart Money 24-hour fund inflow tracking list on the Ethereum network is as follows:

According to Coinglass data, the total open position of ETH futures contracts on the entire network is 3.42 million ETH, equivalent to approximately 8.38 billion US dollars. Among them, Binance's open position for ETH contracts is 1.13 million ETH (equivalent to 2.77 billion US dollars), ranking first.

According to The Block data, the number of new addresses on Ethereum (7DMA) rose to 99,280 last week, the highest level since December 2022. Unlike the transaction peak caused by NFTs, the number of new addresses seems to have some sustained growth, hovering around 70,000 for most of 2023.

We are on the cusp of a significant evolution in the Ethereum blockchain ecosystem with the much-anticipated Dencun upgrade. This update marks a substantial advancement, bolstering Ethereum's capabilities by addressing some of the ecosystem's most pressing challenges, such as unlocking Layer-2 scalability and augmenting security for node operators and validators.

Bridges are generally insecure and economically inefficient. They exhibit an asymmetry between users and bridge operators, where users can easily lose funds. We propose a bridge design that is simple, modular, and utilizes multi-storage proofs and the native messaging system between Ethereum and Layer 2 networks (L2s) as a fallback mechanism.

Ethereum’s block size hasn’t been changed since EIP-1559.With a focus on the rollup-centric roadmap in the medium, or possible long term future one might argue that the way block space is used hasn’t been optimized for rollups yet. With the introduction of EIP-4844, we’re taking a big step towards making Ethereum more rollup-friendly. However, the capacity of Beacon blocks and the size of their individual parts have remained mostly unchanged.

According to L2BEAT data, the total value locked (TVL) for Ethereum Layer2 is currently 21.3 billion US dollars, with a 7-day decrease of 1.07%. The top five locked amounts are: Arbitrum One (10.67 billion US dollars, 7-day increase of 1.38%); OP Mainnet (5.21 billion US dollars, 7-day decrease of 2.31%); Manta Pacific (1.53 billion US dollars, 7-day decrease of 11.02%); Base (0.733 billion US dollars, 7-day increase of 2.77%); Metis (0.615 billion US dollars, 7-day decrease of 12.27%).

According to Dune data, the total number of Ethereum beacon chain validators has surpassed 930,000, reaching 930,816. The current total staked ETH is 29,786,115, accounting for 24.84% of its total supply. Among them, the staking share of the liquidity staking protocol Lido is 31.79%.

According to a report released by CoinGecko, there are currently 27 active Ethereum ETFs worldwide with a total asset size of $5.7 billion, with Europe leading the way with an 81% market share. Their total asset size is still smaller than that of Grayscale Ethereum Trust (ETHE), which has a total asset size of $6.76 billion. The top 10 largest Ethereum ETFs have an asset size of up to $5.49 billion, accounting for 96.4% of total assets. The top two are XBT Ethereum Tracker One (COINETH) and XBT Ethereum Tracker Euro (COINETHE), with asset sizes of $3.34 billion and $510.93 million respectively. COINETH and COINETHE are both Ethereum futures ETFs traded in Europe.

According to Dune data, the total amount of Ethereum staked on the beacon chain has reached 29,756,922 ETH, accounting for 24.82% of its total supply. Among them, the staking share of the Lido liquidity staking protocol is 31.82%.

The address starting with 0x68d0 withdrew over 739 ETH from Binance on February 1st. Currently, the address holds approximately 1112 ETH.

Bridging Worlds: Lumio's High-Performance Integration of Ethereum and Aptos Ecosystems

In the rapidly evolving landscape of blockchain technology, two distinct approaches have emerged in the design and implementation of these distributed ledgers: integrated and modular blockchains. Since the origins of public, decentralised and permissionless blockchains, architectures were often built in an integrated way: Bitcoin came first then XRP, Ethereum and many others followed suit for over a decade. The scaling trilemma arose in debates that a blockchain can only have two out of three properties: security, decentralisation and speed. As such, Ethereum’s roadmap has evolved to encompass Layer 2s, a modular way to scale Ethereum. Understanding the differences between these approaches, exemplified by Solana (integrated) and Ethereum’s Layer 2 ecosystem (modular), provides insight into their respective architectures, roadmaps, and the impact on adoption and development.

Understanding the distribution of Ethereum’s execution-layer and consensus-layer clients used by validators is vital to ensure a resilient and diverse network. Although there are currently methods to estimate the Beacon Chain’s client distribution among validators, the same cannot be said about execution client distribution. Also, there are no standard means of anonymously showcasing which EL and CL clients are being utilized by validators.

Data from The Block shows that the total trading volume of Ethereum options in January has soared to nearly $20 billion (currently $19.99 billion), of which about $15 billion in trading volume comes from Deribit derivatives trading platform. According to Deribit's data, most (about 74,548) of the outstanding Ethereum options contracts are call options with an exercise price of $2,500, which will expire on Friday, February 23.