（来源：吴说） 吴说获悉，据 Lookonchain 发布的 2 月 9 日至 2 月 15 日周报显示，DEX 现货及永续合约交易量环比大 幅下滑约 40%–55%，显示链上交易活跃度明显降温。与此同时，上市公司仍在持续增持比特币，上周 合计新增持有 1000.91 枚 BTC，价值约 6737 万美元。稳定币方面，整体市值小幅增长约 1.23 亿美元。 链上资金流向显示，部分巨鲸向 Binance 集中转入大量 BTC 与 ETH，其中 Garrett Jin 上周向 Binance 转 入 5000 枚 BTC 与 26.1 万枚 ETH，地址 3NVeXm 亦转入 1.27 万枚 BTC，市场卖压信号有所上升。 ...

Core Insights - Telegram trading bot Trojan has launched a web-based on-chain trading terminal [1] - The platform claims a cumulative trading volume exceeding $30 billion and approximately 2.5 million users [1] - The new terminal supports browser access and offers on-chain trade execution, trading tools, and interface features, integrating an incentive mechanism based on Solana [1]

Industry Knowledge Platform - Crypto space is a knowledge-intensive platform requiring continuous learning and adaptation [1] - Participants need to understand macroeconomics, including interest rate decisions (Federal Reserve rate hikes/cuts), CPI, PPI, non-farm payroll, unemployment rate, USD index, and capital flows [1] - Participants need to understand on-chain data, including on-chain transactions, trading depth, and funding rates [1] Investment and Risk - Knowledge of macroeconomics and on-chain data is crucial for navigating the crypto market [1] - Understanding derivatives such as options and futures contracts is essential [1]

Core Insights - Ondo Finance and Ondo Foundation have launched over 100 tokenized US stocks and ETFs on Ethereum, providing 24/7 on-chain trading for qualified investors in Asia-Pacific, Europe, Africa, and Latin America, while excluding the US and UK for compliance reasons [1] - The company plans to expand to BNB Chain and Solana within the year, aiming to exceed 1,000 tokenized assets, including individual stocks like Apple and Tesla, as well as mainstream ETFs [1] - The launch is supported by infrastructure from OKX Wallet, with price and cross-chain security provided by Chainlink and LayerZero respectively [1]

Crypto Market Opportunities - Crypto market opportunities stem from high-leverage volatility, unregulated on-chain transactions, Wall Street investment in major cryptocurrencies, and Trump's endorsement of dollar-backed ecosystems [1] - Native altcoins opportunities in the crypto market involve PVP contract trading, Pre TGE projects, new coins, deep market corrections, and manipulation by wealthy entities, shifting the market structure from a football shape to a barbell shape [1] Market Comparison - The report suggests a comparison between the crypto market and the US stock market, highlighting the performance of stocks like Futu Holdings ($FUTU), which increased by 120% from its April bottom, and MP Materials ($MP), which increased by 75% in a month following positive news [1] - Bitcoin (BTC) and Ethereum (ETH), with ETF support, are considered outside traditional market influences, with their value significantly impacted by NASDAQ inflows [1] Altcoin Market Indicator - SOL is identified as a potential indicator for the altcoin market [1]