On-Chain Data

February 10 News, global payments giant Visa has officially launched an on-chain settlement system based on the Ethereum network, using USDC as the settlement medium. The service was quietly launched in December 2025, but its on-chain annualized transaction volume has already exceeded $3.5 billion, marking an acceleration of the traditional financial system's migration to blockchain infrastructure. By transferring some cross-border and institutional payments on-chain, Visa provides corporate clients with 24/7 fund settlement capabilities, eliminating delays caused by banking hours and multiple intermediaries. The settlement cycle has been compressed from several days to just a few minutes, while also enhancing the traceability and transparency of fund flows. This change demonstrates that Ethereum is no longer just a smart contract platform but is evolving into a global settlement network.

Gate News bot message, a Bitcoin OG (10/11) withdrew 77.47 million USDT from centralized exchanges for loan repayment. Earlier, the same entity deposited 15,000 ETH (valued at $33.35 million) into CEX. Within the past 7 hours, a total of 35,000 ETH ($78.31 million) was sent to CEX, while $82.39 mill

Foresight News reports that, according to solscan data, the staked SOL is 418.07 million tokens, and the total on-chain DeFi TVL is $1.98 billion.

ChainCatcher reports that, according to Coinglass data, the total liquidation across the entire network in the past 24 hours was $316 million, with long positions liquidated at $182 million and short positions at $134 million. Among these, Bitcoin long liquidations amounted to $76.4394 million, Bitcoin short liquidations to $52.1488 million, Ethereum long liquidations to $53.5657 million, and Ethereum short liquidations to $42.3544 million.

Kaiko Research reports show that Bitcoin's decline from $126,000 to $60,000, a 52% drop, perfectly aligns with the bear market pattern after the halving. The peak occurs 12-18 months after the April 2024 halving, with futures open interest down 55% and ETF outflows exceeding $2.1 billion. Kaiko warns that bear markets typically last 6-12 months.

ChainCatcher reports that, according to Arkham data, at 15:01, 642.06 BTC (worth approximately $44.22 million) was transferred from an anonymous address (starting with 1MGN7VZysm...), with a small portion flowing into Roobet.

ChainCatcher reports that, according to Arkham data, at 14:35, 250 BTC (worth approximately $17.29 million) were transferred from an anonymous address (starting with 33NVdY...) to multiple addresses, including another anonymous address (starting with bc1q58...). Subsequently, that address transferred some of the BTC to Remitano.

PANews February 10 News, according to Whale Alert monitoring, Tether burned 3.5 billion USDT on the Ethereum mainnet an hour and a half ago.

South Korea's financial regulatory authorities have launched a comprehensive investigation into the domestic digital asset platform. The incident was triggered when the platform, during a promotional event, mistakenly sent approximately 620,000 bitcoins to user accounts due to operational errors, valued at about $43 billion at the time. The Financial Supervisory Service of Korea has upgraded the routine inspection to a special investigation, stating that it will strictly pursue any actions that disrupt market order. According to Yonhap News Agency, the incident originated from an employee mistakenly entering the reward unit as Bitcoin instead of Korean won, resulting in the system generating an asset balance far exceeding the platform's actual reserves. The regulatory authorities are currently focusing on verifying how the platform distributed and settled the nonexistent amount of Bitcoin within its internal ledger.

At 13:25, 1070.66 BTC (approximately $74.6 million) was transferred from one anonymous address to another, and then that address transferred another 830.69 BTC to a different anonymous address.

Ethereum Layer2 network MegaETH officially launches its mainnet, aiming to process 50,000 transactions per second and solve blockchain latency issues. Its core architecture SALT can reduce storage delays and has attracted multiple applications to go live, while also announcing specific performance metric restrictions for the issuance of MEGA tokens.

According to SoSoValue data, on February 9th, Solana spot ETF experienced a net outflow of $15,000, while the Bitwise SOL ETF saw a net inflow of $1.281 million, bringing the total net inflow to $671 million. The Grayscale SOL ETF had a net outflow of $1.296 million, with a total net inflow of $108 million. The current total net asset value of Solana spot ETFs is $733 million.

Matrixport's RWA platform Matrixdock has officially deployed the gold token XAUm on the Solana blockchain. XAUm is fully backed by compliant physical gold and is custodized by institutional-grade vaults. XAUm has integrated into the Solana DeFi ecosystem, with initial liquidity on Raydium, and plans to expand into lending markets. The relevant smart contracts have been audited, further promoting the development of institutional-grade gold assets in on-chain finance.

ChainCatcher reports that, according to Arkham data, at 10:57, 2871.66 BTC (worth approximately $148 million) was transferred from an anonymous address (starting with 3H5JTt...) to another anonymous address (starting with 34TGdw...). Subsequently, this address transferred some BTC (829.02 coins) to another anonymous address (starting with bc1ql6...).

ChainCatcher message: According to Arkham data, at 10:22, 256,300 SOL (worth approximately $22.29 million) was transferred from an anonymous address (starting with DvB89R...) to Galaxy Digital.

ChainCatcher message: According to Arkham data, at 05:40, 147.59 WBTC (worth approximately $10.31 million) was transferred from an anonymous address (starting with 0x0180...) to another anonymous address (starting with 0xEFB2...).

Within 18 hours, XRP had regained the level of $1.41, and it rose by more than 25 percent since the last time it was below $1.15. Whale activity was up sharply, with 1389 transactions over $100,000, which is the highest since four months ago. There was a rapid increase in network

The MegaETH mainnet launches today, enabling gasless transactions for new users. The token generation event will depend on stablecoin growth and app activity, with a focus on network use rather than price. Integration with Chainlink enhances DeFi access.

BlockBeats News, February 9th, MegaETH officially announced on social media that its mainnet is now live and launched the ecosystem frontend The Rabbithole. It is reported that The Rabbithole helps users discover active and upcoming applications, bridge and swap assets, and receive ecosystem event notifications.

ChainCatcher reports that, according to Coinglass data, if BTC breaks through $72,055, the total liquidation strength of short positions on major CEXs will reach $1.158 billion. Conversely, if BTC drops below $65,691, the total liquidation strength of long positions on major CEXs will reach $661 million.