Cryptocurrency
224,410 ETH Exit Exchanges in Biggest Ethereum Outflow in 2 Years
![](https://letizo.com/wp-content/uploads/2025/02/224410-eth-exit-exchanges-in-biggest-ethereum-outflow-in-2years_67ab43222b46c.jpeg)
In the 24 hours between February 8 and 9, Ethereum holders reportedly moved more than 224,000 ETH from centralized exchanges, marking the largest net outflow in nearly two years.
This sudden movement is an indicator of the growing belief in the cryptocurrency’s long-term potential.
Rising Accumulation as Whales Strengthen Positions
Santiment data shows that there are currently 9.63 million ETH, worth an estimated $26 billion, sitting in known exchange wallets. This is the lowest number since August 29, 2024.
According to the crypto insights platform, when investors pull assets from exchanges, it usually suggests they are looking to hold rather than sell, therefore reducing the sell-side pressure and lowering the likelihood of major price drops.
“When assets are moving away from exchanges, it is typically a signal of confidence by investors, who are content with holding for the long-term,” stated Santiment.
However, the platform’s analysts noted that ETH’s performance this year will most likely be decided by Bitcoin’s ability to stay afloat and rebound to its all-time high.
Interestingly, the outflow has come in tandem with the number of Ethereum whales rising by 2.3% since the beginning of February. According to well-regarded crypto expert Ali Martinez, this accumulation is signaling growing accumulation and reinforcing the bullish sentiment among large investors, even as ETH’s price remains under pressure.
Additionally, a recent CoinShares report also indicated that Ethereum led weekly crypto inflows for the first time in 2025, beating BTC. Traders poured nearly $800 million into ETH-related products, compared to only $407 million that went into the number one cryptocurrency.
Mixed Signals as Short Positions Mount
However, despite the underlying bullishness, hedge funds have dramatically increased short positions on ETH, rising 40% in a week and 500% since November 2024. Historically, such extreme bearish positions can set the stage for a short squeeze, where rapid price increases force short sellers to buy back an asset, further pushing up its value.
Meanwhile, Ethereum spot exchange-traded funds (ETFs) registered record inflows in the last week, adding more than $854 million in that period. Some market observers feel that this institutional backing, coupled with decreasing exchange reserves, could mean that investors are positioning themselves for a potential rebound.
At the time of this writing, the world’s second-largest cryptocurrency by market cap was trading at $2,715, a 2.6% improvement over 24 hours. However, across two weeks and one month, the coin’s value is down 15% and 16.1%, respectively. It is also still more than 44% below its ATH of $4,878 achieved over three years ago.
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Cryptocurrency
Test ($TST) Price Pumps 2,000% Over Weekend – Coul MIND of Pepe Post Similar Gains?
![](https://letizo.com/wp-content/uploads/2025/02/test-tst-price-pumps-2000-over-weekend-coul-mind-ofpepe-post-similar-gains_67ab433b460b6.jpeg)
Test (TST), a token that wasn’t supposed to be a big deal, just exploded 2,000% over the weekend.
TST became a meme coin star thanks to a leaked video and some online hype.
Now, everyone’s wondering: can MIND of Pepe (MIND), another new meme coin, produce similar gains after its presale ends?
TST – The Accidental Meme Coin Success Story
So, what is TST, and why is everyone talking about it?
Originally, TST wasn’t wasn’t meant to be a real project at all.
The BNB Chain team created it as a demo, a how-to example for launching a meme coin on their new Four.meme platform.
But then the token’s details accidentally leaked in a tutorial video (which has since been deleted), and traders jumped on it.
Last Friday, TST officially went live on exchanges, and its price has rocketed since then.
From Friday’s launch price to Sunday’s all-time high, it rocketed over 2,000%.
Although TST has since pulled back from its record high, traders who got in early saw incredible gains.
TST’s spot trading volume has also been huge – over $1 billion in trading activity in just one day.
That’s more than established coins like PEPE and ADA.
Although the token will likely cool off now, TST has clearly captured the crypto community’s attention.
Test Token Defies Crypto Market Bearishness
Test’s price has rocketed despite the broader crypto market taking a beating.
Most of the pessimism stems from potential trade wars triggered by Trump’s tariff talk, the Fed keeping interest rates high, and ongoing regulatory worries.
Bitcoin is still trading below $100,000, Ethereum is at $2,660, and billions were wiped out in liquidations last week.
In fact, over $2.2 billion was wiped out in a single day – the biggest liquidation event since FTX’s collapse.
But TST has defied all this bearishness.
It launched while the market was still reeling from these factors, managing to pull off an exponential price rise.
It’s yet another example of how hype-driven meme coins often play by their own rules.
And some popular traders think TST still has room to run.
For example, @AKABull_ told his 144,000+ Twitter followers that a $1 billion market cap looks “inevitable.”
Fellow trader @alexmaxbid believes it could run even higher to a $1.5 billion valuation.
Is MIND of Pepe Next to Rally? MIND Token Presale Hits $5.6M as Hype Builds Around AI Agent
Could MIND of Pepe be the next TST?
Both coins are tapping into the meme coin hype, but MIND of Pepe has a key difference: artificial intelligence.
MIND of Pepe features an AI “brain” that constantly scans the market, looks for trends, and even launches its own meme coins.
MIND holders get early access to these AI-generated insights and meme coins.
That’s a big difference from Test, which is basically just a pure meme coin and nothing else.
MIND of Pepe’s presale has already raised over $5.6 million since launching on January 13th.
The team is offering market-beating staking rewards during the presale – estimated at 405% per year.
These high yields are designed to get investors to hold long-term, unlike what happened with TST, where a lot of investors cashed out fast.
MIND of Pepe has also built a large following on Twitter and Telegram, similar to how TST quickly blew up.
And like TST, big-name YouTubers are hyping it up.
ClayBro, who has over 136,000 subscribers, said MIND could be the “best meme coin AI agent of 2025.”
Ultimately, MIND of Pepe’s success will hinge on whether its AI agent delivers on the early hype.
But for those seeking the next big meme coin, MIND is definitely one to watch.
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Cryptocurrency
Ripple v. SEC Settlement Expected Before XRP ETF Approval, Says Expert
![](https://letizo.com/wp-content/uploads/2025/02/ripple-v-sec-settlement-expected-before-xrp-etf-approvalsays-expert_67ab432869658.jpeg)
TL;DR
- Ripple’s legal battle with the SEC continues more than four years after its start, but some believe a settlement could be reached soon.
- The regulator’s stance on crypto may shift under new leadership, raising hopes for both a resolution in the case against Ripple and progress on the spot XRP ETF filings.
Which Might Happen First?
Despite the recent changes in the US SEC leadership, the legal tussle between Ripple and the regulator remains ongoing. Recall that it all started in December 2020 when the agency sued the company and some of its executives over allegations of conducting an unregistered securities offering by selling XRP.
Ripple secured some partial court victories in the past few years, which seemingly tipped the scales in its favor. The case was close to its official resolution in August 2024 when Judge Analisa Torres ordered the firm to pay a $125 million civil penalty for violating federal securities laws through its institutional sales of XRP.
Ripple was ready to settle the fine (which represented just a fraction of the $2 billion the SEC initially asked for), but the Commission appealed a 2023 verdict set by the same judge, thus prolonging the case indefinitely.
According to some legal experts, though, a settlement might happen in the following months. The popular American attorney Jeremy Hogan recently claimed that such a development is more likely to come before the potential approval of a spot XRP ETF in the US.
“Not because it has to happen in that order, but because the ETFs will just take longer to dot the i’s and cross the t’s,” he assumed.
Some of the well-known names that have already displayed intentions to launch an XRP ETF in America are Grayscale, WisdomTree, Bitwise, 21Shares, and more. James Seyffart – an ETF research analyst at Bloomberg – recently set the odds of approval of such a product before the end of 2025 at 65%. Moreover, he suggested that the SEC might acknowledge some of the XRP ETF filings as soon as this week.
Hogan agreed that the regulatory approval “can happen fast” but reminded that the entire process is quite complex and could be fulfilled in 8-12 months.
Ceasefire Incoming?
Earlier this week, Binance and the US SEC jointly requested the magistrates to pause their lawsuit for 60 days. Eleanor Terrett, a journalist at Fox Business, explained that both parties will use the time to issue a mutual status report to determine whether a continuation of the stay is warranted.
The development caused the XRP Army to raise their hopes that the agency and Ripple might temporarily bury the hatches as well.
After all, the new Chairman of the securities regulator, Mark Uyeda, has previously revealed his support for the cryptocurrency industry. His stance is much different from that of his predecessor, Gary Gensler. The latter was considered a huge enemy of the digital asset sector, with the Commission filing numerous lawsuits against crypto businesses during his tenure.
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Cryptocurrency
Cardano Explodes by Double Digits, Bitcoin Taps $98K (Market Watch)
![](https://letizo.com/wp-content/uploads/2025/02/cardano-explodes-by-double-digits-bitcoin-taps-98k-marketwatch_67ab432ed14d7.jpeg)
Bitcoin’s price has shown some more positive movements over the past several hours as the asset jumped above $98,000, but it is struggling to maintain that level now.
In contrast, many altcoins have posted impressive price gains within the same period, with ADA leading the pack following a 15% surge.
BTC Taps $98K
After the massive volatility experienced at the start of the previous week, which took bitcoin from over $102,000 to under $92,000, back to $102,000, and down to $96,000, the cryptocurrency has calmed and has remained within a tight range.
It saw another attempt to overcome the $100,000 mark on Friday but was quickly halted in its tracks. The subsequent rejection pushed it south to $96,000, where it spent most of the weekend.
Monday began with a price slip to $95,000, but the bulls managed to defend that level. BTC bounced off and headed toward $98,000 but failed to breach it. It jumped to just over it earlier today but doesn’t seem capable of retaining that level as of now.
Its market capitalization has risen to $1.945 trillion on CG, while its dominance over the alts has taken a big hit. The metric is down below 58% after peaking at 58.7% yesterday.
ADA on the Run
The positive news regarding potential approvals of ETFs has impacted numerous altcoins lately. Litecoin continues to gain traction after yesterday’s surge and is now up by another 10%, which has pushed it to almost $130.
Today’s star, though, is Cardano, as its native token has soared by 15% and sits at $0.8 after Grayscale’s ETF filing. SUI has also surged by double-digits since yesterday and now trades above $3.5.
The other notable gainers from the larger-cap alts include BNB, DOGE, AVAX, and XLM. PEPE has added 9% of value and is above $0.00001.
The total crypto market cap has increased by $60 billion overnight and is north of $3.360 trillion on CG.
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