Nearly 3 million Bitcoin, valued at about $200 billion and representing 15% of circulating supply, are still held on centralized exchanges, with a significant share concentrated on a few major platforms. Data indicates Binance controls around 30% of exchange-held BTC, while Coinbase Pro holds roughly 792,000 BTC, highlighting how liquidity and trading activity remain centered on large venues despite the FTX collapse and ongoing self-custody messaging.

According to Santiment on February 19, daily new addresses on Solana have been increasing even as market sentiment weakens. SOL trades around $84 after a multi‑month retreat that left it 67% under its September 2025 high, with derivatives funding deeply negative and exchange outflows topping inflows in recent weeks.

According to Arkham, Vitalik Buterin holds more than 240,000 ETH worth about $467 million and ranks as the largest accessible individual holder. In late January 2026 he withdrew 16,384 ETH, followed by sales totaling around 2,961 ETH over three days in early February routed via CoW Protocol.

The White House is moving forward with draft rules that would bar yield on payment stablecoins and penalize evasion. Proposed enforcement would empower the SEC and CFTC to levy civil fines of $500,000 per violation per day. The measures emerged during the administration's third meeting with crypto firms and banking trade groups.

On February 18 at ETHDenver, SEC Chair Paul Atkins said regulators should not overreact to falling crypto prices as Bitcoin hovered around $66,000 and other major tokens declined. Instead, he outlined Project Crypto, a joint SEC–CFTC effort to define asset classifications, rules for tokenized securities on automated market makers, and custody guidance, while Commissioner Hester Peirce stressed that long‑term value depends on building useful products rather than short‑term market moves.

A cohort of self-custodied Bitcoin addresses holding 10–10,000 BTC with 1–3 month UTXOs is down 23.39%, equating to $27.89B in unrealized losses, according to GugaOnChain. U.S. ETFs have seen $8.5B in outflows since October as exposure fell by two-thirds since late 2024. Bitcoin trades just under $67,000 with mixed short-term momentum.

Since the start of February, Bitcoin miners have withdrawn more than 36,000 BTC from exchanges, with over 12,000 BTC leaving Binance and the rest spread across other platforms. Daily outflows reportedly surged to more than 6,000 BTC on one day, while long-term holders accumulated 380,104 BTC in 30 days, even as Bitcoin's price briefly approached $60,000 and dropped over 28% in a month.

Matrixport reported on February 17 that its Greed and Fear Index 21-day average for Bitcoin has dropped below zero, reaching one of its most pessimistic levels in recent years. The firm noted that such extreme fear has previously appeared near market bottoms, although further price declines remain possible. Bitcoin was trading around $68,000 with notable weekly and multi-month losses, while institutional products saw $380 million in outflows over the past seven days.

Bitcoin revisited price levels last seen in October 2024, with pseudonymous analyst CW8900 reporting continued whale accumulation despite the decline. CoinGecko shows BTC near $69,000 after a $68,000–$71,000 daily range, while ETH trades just under $2,000 amid sharper two‑week and monthly losses.