According to Huoxun Finance on February 25, TheDataNerd reported that five hours ago, a wallet (suspected to be Arrington Capital) withdrew 20,000 ETH (approximately $38.28 million) from Binance and Deberit.

Huoxun Finance News, February 25th – According to official news, GateUS has officially obtained a Money Transmitter License (MTL) from Pennsylvania. This brings GateUS's total number of state-level licenses to 33, expanding its compliant operations to 45 U.S. jurisdictions, demonstrating its continued and steady progress in its compliance strategy in the U.S. market. Previously, GateUS's business covered multiple jurisdictions including Illinois, Ohio, Michigan, North Carolina, Georgia, Arizona, and Wisconsin, providing compliant and stable digital asset-related services to local users while adhering to the regulatory requirements of each state. GateUS remains committed to compliance and sound operations, continuously monitoring state regulatory requirements, optimizing its compliance and risk control systems, and increasing related investments to provide a more reliable and efficient digital asset service environment for corporate and institutional users.

Huoxun Finance reported on February 25th that Matrixport, in its analysis today, stated that Circle is about to release its quarterly financial report, and market attention is once again focused on the stablecoin sector. As one of the most attractive structural growth tracks in the digital asset field, the subsequent performance of stablecoins is attracting much attention. However, while the structural growth expectations of the industry remain supportive, the market's pricing of Circle may not be equally optimistic. After a rapid surge in its initial public offering, Circle's stock price has recently seen a significant pullback. At the same time, hedge funds have also established a considerable amount of short positions, with short positions at a high level, making it one of the most shorted targets among crypto concept stocks. This indicates that although industry growth expectations remain, the market's attitude towards its short-term performance remains cautious. From the current expectations and pricing, the market has not priced in excessively high expectations for Circle's quarterly financial report, and a significant exceedance of expectations is not the baseline scenario. However, given the still high short positions, if the financial report performs better than expected, short covering could amplify the upward volatility of the stock price. Overall, Circle is at the intersection of industry growth logic and cautious trading positions, a combination worth continued attention.

According to Lookonchain monitoring, Ethereum treasury company FGNexus sold another 7,550 ETH (US$14.06 million) today. The company had previously purchased 50,770 ETH (US$196 million) between August and September 2025 at an average price of US$3,860. On October 22, 2025, they announced plans to sell their real estate holdings to continue accumulating ETH. However, less than a month later, they began reducing their holdings, and have since sold 21,025 ETH (US$55.7 million) at an average price of approximately US$2,649. They currently still hold 30,094 ETH (US$57.5 million), with a cumulative loss of US$82.8 million.

Huoxun Finance News, February 25th - According to Cryptopolitan, blockchain game infrastructure platform PowerProtocol has secured $3 million in funding from Bitkraft Ventures, bringing its total funding to $15.5 million. PowerProtocol has reportedly built infrastructure for several partner studios, including Pixion Games, the developer of *Fableborne*. Its aim is to create scalable systems for multiple games, enabling game developers to adopt POWER token economics and share on-chain infrastructure, rather than launching isolated chains and tokens.