MyToken Mid-Term Trading Assistant just detected a buy signal of ETH/USDT at UTC/GMT 04:00:00 am, Mar. 01, with the buy price at 2023.29 USDT. According to the analytical result from Mid-Term Assistant, recently ETH is going strong and showing an uptrend. The next support level below is 1805.88 USDT. To learn about more trading signals, please go to「MyToken - Assistants - Trading Assistants」💡

Huoxun Finance reported on March 1st that, according to on-chain analyst Yu Jin, the governance dispute between Aave's development team and community has lasted for three months, from the beginning of December to the present. During this period, Aave's TVL (TVL) has decreased from $36 billion to $26.5 billion (Defillama data). This is due to both the value reduction caused by the decline in the prices of major deposit/collateral assets such as WBTC and ETH, and the fact that whales have switched their holdings to other lending platforms due to the governance dispute. The largest whale to switch holdings is Justin Sun. During this period, he withdrew $910 million of stablecoins from Aave and deposited them into Sky and its subsidiary DAOSpark. Since the beginning of December, his deposits on Sky and Spark have increased from $570 million to $1.48 billion.

According to data from SoSoValue, the XRP spot ETF saw a net inflow of $9.55 million this week (February 23-27, Eastern Time). The XRP spot ETF with the largest net inflow this week was the Bitwise ETF XRP, with a weekly net inflow of $5.8079 million, bringing XRP's historical total net inflow to $370 million. The Franklin ETF XRPZ followed with a weekly net inflow of $3.001 million, bringing XRPZ's historical total net inflow to $333 million. As of press time, the total net asset value of the XRP spot ETF was $983 million, with an ETF net asset value ratio (market capitalization as a percentage of XRP's total market capitalization) of 1.19%, and a historical cumulative net inflow of $1.24 billion.

According to SoSoValue data, the SOL spot ETF saw a net inflow of $44.44 million this week (February 23-27, Eastern Time). The SOL spot ETF with the largest net inflow this week was the Bitwise ETF BSOL, with a weekly net inflow of $39.173 million, bringing its total historical net inflow to $733 million. This was followed by the Fidelity ETF FSOL, with a weekly net inflow of $2.583 million, bringing its total historical net inflow to $163 million. As of press time, the total net asset value of the SOL spot ETF was $753 million, with an ETF net asset value ratio (market capitalization as a percentage of total SOL market capitalization) of 1.63%, and a cumulative historical net inflow of $934 million.

According to data from SoSoValue, Ethereum spot ETFs saw a net inflow of $80.46 million this week (February 23-27, Eastern Time). The Ethereum spot ETF with the largest net inflow this week was the Grayscale Ethereum Trust (ETHE), with a weekly net inflow of $40.4688 million. ETHE's historical total net outflow is currently $5.15 billion. This is followed by the Fidelity ETF (FETH), with a weekly net inflow of $39.4843 million. FETH's historical total net inflow is currently $2.5 billion. The Ethereum spot ETF with the largest net outflow this week was the BlackRock ETF (ETHA), with a weekly net outflow of $41.7752 million. ETHA's historical total net inflow is currently $11.83 billion. As of press time, the total net asset value of the Ethereum spot ETF was $10.96 billion, with an ETF net asset ratio (market capitalization as a percentage of Ethereum's total market capitalization) of 4.72%, and a cumulative net inflow of $11.6 billion.