On-Chain Data

Abstract: KelpDAO hit Aave; TVL fell from $26.3B to $16.4B. Fluid launched a WETH redemption enabling ETH-to-wstETH swaps as DeFi TVL declined; Aave still has the largest TVL and institutional backing.

Tokenized U.S. Treasuries reach $14B TVL across blockchains by April 2026, driven by expanding wallet inflows; Ethereum remains the main hub, led by Franklin Templeton’s Benji and other growing T-bill tokens. Abstract: Tokenized U.S. Treasuries total value locked rose to a record $14 billion across multiple blockchains as of April 2026, led by active wallet inflows and sustained institutional interest despite DeFi headwinds. Ethereum remains the dominant platform, with Franklin Templeton’s Benji fund driving notable growth, and several other tokenized T-bill products expanding on Ethereum and Sei. About 33.9k wallets hold these assets, mainly used as collateral in DeFi protocols. At current yields around 3.68%, issuers could earn roughly $515 million annually, signaling continued appetite for conservative DeFi instruments.

Gate News message, April 22 — According to Coinglass data, a major CEX recorded net inflows of 62.27 million USDT (approximately $62.27 million) over the past hour.

Gate News message, April 22 — According to Coinglass data, an unknown wallet transferred 38 million USDT to a major CEX on April 23 at 02:52 UTC.

Gate News message, April 22 — According to Coinglass data, a major CEX recorded net inflows of $217 million in USDT over the past 24 hours.

Key Insights Solana ETF inflows reached $22.14 million this week, signaling sustained institutional accumulation and reinforcing short-term support above the 50-day EMA level. Futures open interest climbed to $5.53 billion, highlighting increased retail participation and growing

Gate News message, April 22 — According to Coinglass data, 34.98 million USDT were transferred from a major CEX to an unknown wallet at 23:13 UTC on April 22.

A new wallet address 0xf860 withdrew 18,000 ETH (~$43.22 million) from a major exchange and transferred the funds to BitGo; on-chain data shows no prior activity for this wallet. Abstract: A newly created wallet address withdrew 18,000 ETH (about $43.22 million) from a major exchange and moved the funds to BitGo; the on-chain record shows no prior transaction history for the wallet.

A suspected multisig moved 2.499M EVAA (37.8% of supply) to 10 addresses in two batches; several recipients reportedly moved funds to exchanges or sold on DEXs. Abstract: The Gate News report describes a suspected multisig address distributing 2.499 million EVAA tokens (about 37.8% of circulating supply) to 10 addresses in two rapid batches, with some recipients moving tokens to centralized exchanges or selling on DEXs.

Summary: USDC Treasury minted 200M USDC on Ethereum at 22:00 UTC; worth about $199.9M, per Whale Alert. Abstract: A Gate News update reports that the USDC Treasury minted 200 million USDC on the Ethereum network at 22:00 UTC, with Whale Alert corroborating the mint. The new supply is valued at roughly $199.9 million, illustrating a substantial increase in USDC issuance.

Abstract: Bitcoin and Ethereum spot ETFs posted net inflows on Apr 21, extending multi-day streaks. BTC inflows were led by BlackRock’s IBIT and Grayscale, with GBTC outflows; ETH inflows were led by ETHA, with ETHE outflows. Summary: Bitcoin and Ethereum spot ETFs posted Apr 21 inflows, extending gains; BTC led by IBIT and Grayscale with GBTC outflows, NAV $99.08B (6.54%). ETH inflows topped by ETHA, ETHE outflows; NAV $13.66B, inflows $12.05B.

XRPL tokenizes U.S. Treasuries, reaching about $333M in four institutional products led by Ondo Finance, with BlackRock support; overall tokenization remains under 0.01% of a $31T Treasury market. Abstract: The XRPL is expanding institutional tokenization of U.S. Treasuries, totaling about $333 million across four products, led by Ondo Finance and backed by BlackRock. Despite rapid settlement and built-in compliance tools, tokenized Treasuries still represent a tiny slice of the roughly $31 trillion market, while the ecosystem advances into post-quantum security and broader real-world asset deployment.

Abstract: CryptoQuant reports a notable contraction in Ethereum's liquid supply on Binance, with liquid ETH dropping to about 534,000 from a total reserve of 3.44 million. The trend, termed liquidity dryup, could reduce near-term selling pressure and provide price support if demand improves. Summary: CryptoQuant notes Binance's ETH liquid supply fell to ~534k of 3.44M total, signaling a liquidity dryup that could ease selling pressure and support prices if demand strengthens.

Ondo's team moved $34 million worth of tokens to a new wallet on April 22; analysts warn such transfers often funnel to centralized exchanges, potentially causing price declines.

Abstract: BitMine staked roughly 61,000 ETH via Coinbase Prime, signaling a long-term, institutional commitment to Ethereum and a yield-generation strategy that locks up value. Holding over 1 million ETH (about 4% of supply), the move underscores confidence in Ethereum’s role in financial infrastructure and a multi-year horizon. Summary: BitMine staked ~61,000 ETH (worth $141.95M) via Coinbase Prime, signaling a long-term Ethereum bet and yield pursuit. With >1M ETH locked (about 4% supply), the move reduces tradable supply and shows institutional conviction.

Gate News message, whale address 0xD91D established a new wallet (0xEb2a) and deposited 9,500 wstETH into Spark. The whale subsequently borrowed 9,500 ETH valued at $22.68 million, transferred the assets to a centralized exchange for sale, and withdrew USDE from the exchange to repay outstanding loa

Gate News message, April 22 — A newly created wallet address (0x97b...178aa) withdrew 635,000 RAVE tokens, valued at approximately $908,000, from Gate four hours ago, according to on-chain analyst Ai Yi (@ai_9684xtpa). The move marks another instance of whale accumulation activity in the RAVE token

Gate News message, April 22 — According to Coinglass data, a major CEX experienced a net outflow of 33.74 million USDT in the past hour.

Gate News message, April 22 — Bitcoin surged above $78,000 this morning following Trump's extension of a temporary ceasefire between the US and Iran. The ceasefire, mediated by Pakistan, was extended just before the original two-week agreement was set to expire. As BTC approaches $80,000, Jack Yi,