hodler

25 Feb 2026, 11:00

Upbit OM MANTRA Rebranding: Strategic Token Swap Commences with Crucial Deposit Suspension

BitcoinWorld Upbit OM MANTRA Rebranding: Strategic Token Swap Commences with Crucial Deposit Suspension In a significant move for the Asian cryptocurrency market, leading South Korean exchange Upbit has confirmed its pivotal support for the OM network’s comprehensive rebranding to MANTRA. Consequently, the platform will temporarily suspend all deposit and withdrawal services for the OM token, marking a critical phase in this blockchain evolution. This procedural halt, effective from 2:00 p.m. UTC on March 1, 2025, precedes a fundamental token conversion where one OM will swap for four new MANTRA tokens. Upbit’s Role in the OM to MANTRA Rebranding Process Upbit’s announcement provides essential clarity for its substantial user base. The exchange, a dominant force in South Korea’s digital asset landscape, will manage the technical backend for the ticker change from OM to MANTRA. This support is crucial for ensuring a seamless transition for holders. Typically, such exchange-managed swaps protect users from the complexities of manual token migration on-chain. Furthermore, this institutional endorsement adds a layer of legitimacy and operational security to the rebranding initiative. The temporary suspension of deposits and withdrawals is a standard yet vital security measure. It prevents transaction conflicts during the snapshot period and the actual token swap event. Understanding the Token Swap Mechanics and Ratio The core of this event is the token swap at a 1:4 ratio. This means holders will receive four MANTRA tokens for every one OM token held in their Upbit account at the time of the snapshot. Importantly, the total market valuation should remain equivalent post-swap, adjusting the individual token price accordingly. This mechanism is not a stock split but a technical migration to a new token contract under a refreshed brand identity. Swap Ratio: 1 OM = 4 MANTRA Ticker Change: OM transitions to MANTRA. Key Action: No user action is required if tokens are held on Upbit; the swap is automatic. Historically, similar rebrandings and swaps, like Polygon’s migration from MATIC or Solana’s token consolidation, have served strategic purposes. They often align with project expansion, regulatory clarity, or technological upgrades. Expert Analysis on Rebranding Motivations Blockchain analysts frequently note that rebranding efforts aim to reflect a project’s evolved scope. The original OM network focused on decentralized finance (DeFi) protocols. The shift to MANTRA may signal a broader vision, potentially encompassing regulatory-compliant finance (RegTech) or expanded middleware services. Market data from past events shows that successful rebrandings, backed by major exchange support, can renew investor interest and improve market positioning. However, the immediate impact often depends on the underlying technology’s roadmap and post-rebrand announcements. Timeline, User Implications, and Market Context The scheduled suspension begins precisely at 14:00 UTC on March 1. Users must complete any transfers or trades before this deadline. Trading of the OM token on Upbit will likely halt simultaneously. The resumption of services with the new MANTRA token will follow the completion of the swap, a process Upbit will communicate via official channels. Users holding OM on other exchanges or in private wallets must follow those platforms’ specific instructions or perform a manual migration using the project’s official tools. This event occurs within a maturing global regulatory environment. South Korea’s stringent Virtual Asset User Protection Act necessitates that exchanges like Upbit execute such operations with high transparency and user communication. This compliance framework provides added assurance for participants. Moreover, the 1:4 ratio increases the total token supply, a factor that traders and automated market makers will price in upon the relaunch of trading. Conclusion Upbit’s management of the OM to MANTRA rebranding represents a structured, security-focused approach to a significant protocol transition. The temporary suspension of deposits and withdrawals is a necessary step to ensure accuracy and safety during the token swap. For investors, understanding the 1:4 conversion ratio and the strategic reasons behind the rebranding from OM to MANTRA is key to evaluating the project’s future trajectory within the competitive blockchain ecosystem. FAQs Q1: What do I need to do if my OM tokens are on Upbit? If your OM tokens are in your Upbit spot wallet at the time of the snapshot, you need to take no action. Upbit will automatically swap your OM for the new MANTRA tokens at the 1:4 ratio. Q2: How long will deposits and withdrawals be suspended? Upbit has announced the suspension starts at 2:00 p.m. UTC on March 1. The duration typically lasts until the swap is complete and the new network is stable, often 24-48 hours. Monitor Upbit’s official announcements for the exact resumption time. Q3: Will the value of my holdings change after the swap? The aggregate market value of your holdings should remain equivalent immediately after the swap, accounting for the 1:4 ratio. The price per MANTRA token will be approximately one-fourth the final price of OM pre-swap. Q4: What if I hold OM in a self-custody wallet (like MetaMask)? You will likely need to use an official migration portal or smart contract interaction provided by the MANTRA team to manually swap your tokens. Always use links from the project’s official website and social media to avoid scams. Q5: Why is the project rebranding from OM to MANTRA? Rebranding often reflects an expanded project vision, technological upgrade, or strategic repositioning. While the official rationale comes from the MANTRA team, such moves commonly aim to attract a wider audience, align with new services, or enhance brand distinction in the market. This post Upbit OM MANTRA Rebranding: Strategic Token Swap Commences with Crucial Deposit Suspension first appeared on BitcoinWorld .

25 Feb 2026, 10:49

2.54 Billion XRP Moved to Binance: What Does This Mean

Amid a broader market uptick, XRP posted a modest 3% increase over the past 24 hours. There has also been a notable surge in token whale inflows to Binance. The 30-day average of large wallet transfers to the exchange has risen to roughly 2.54 billion XRP, which signals renewed activity from major holders after a previous period of relative decline. XRP Whale Inflows Spike Daily whale inflows currently hover around 50 million XRP, which is indicative of ongoing engagement, though not as intense as the peaks observed in mid-2025. The whale flow metric, which tracks coins moving from large wallets to exchanges, is often used to gauge potential changes in the supply available for trading. Rising inflows can indicate that whales are repositioning, whether for selling, leveraging assets as collateral in derivatives, or preparing for increased trading activity. CryptoQuant stated that the recent increase in the monthly average points to a gradual buildup rather than a single large transfer. In previous cases, higher whale inflows have coincided with sensitive phases in XRP’s price, sometimes preceding corrections due to added supply. Other times it has signaled potential volatility, whether upward or downward. As such, if spot demand remains weak, higher inflows could contribute to selling pressure, whereas if liquidity improves and market participation grows, the flows might reflect strategic repositioning by whales ahead of potential price movements. Bears Still In Control Against the backdrop of increased whale inflows and a slight price appreciation, data still show signs of bearish pressure. Analyst CasiTrades recently observed that the recent trendline break is forming resistance, and with the price dropping below the previous B-wave low, attention has shifted toward support levels at $1.11 and $0.87. Local resistance around $1.40 remains significant, and as long as XRP trades below it, downward momentum may continue. She also added that the current phase is still a no-trade zone, and meaningful entries will only likely occur if lower supports are reached or if price flips above the $1.65 macro resistance. On the institutional side of things, US spot XRP ETFs remained subdued. According to the data compiled by SoSoValue, no net inflows or outflows were recorded on February 20 and 23. On February 24, Bitwise’s XRP ETF bucked the trend with $3 million in inflows. The post 2.54 Billion XRP Moved to Binance: What Does This Mean appeared first on CryptoPotato .

25 Feb 2026, 10:46

Ethereum Price Prediction: $1,390 or $880 Ahead?

Ethereum traded near $1,900 on Binance’s 3 day ETHUSDT chart after a fresh pullback left price sitting just above a rising support band that has guided the trend since mid 2022. The latest candle in the screenshot showed ETH down about 1.5%, with price ranging from roughly $1,812 to $1,870 before closing near the lower end of that move. ETH tests rising support as Don flags two paths back to an uptrend Chart analyst Don, who posts as DonWedge on X, said Ethereum has “two scenarios” from here. First, a bounce off the current support zone. Second, a deeper dip that briefly “sweeps” the lower major support area before buyers regain control. He added that both routes still point back toward an uptrend, which he said makes timing the bottom difficult. Ethereum USDT 3 Day Chart. Source: DonWedge on X On the chart, two upward sloping magenta lines mark a support corridor, while a higher yellow line labels “major resistance” near the upper range that capped prior rallies. A mid range yellow level sits around the low $2,000s and is tagged as resistance on the chart, suggesting it remains a nearby reclaim point if price rebounds from the current base. Don’s projected paths appear as dashed white lines. One path shows a quick pivot higher from the support band, while the other sketches a final dip into the lower support before a stronger climb. His post also framed Ethereum’s current stretch as quiet and easy to ignore, while warning that fast moves often start after traders stop paying attention. ETH risks deeper drop if 0.25 range fails, as post points to Vitalik selling Also, Ethereum is testing the lower end of a long-running range on the multi year ETHUSD chart, as analyst Greeny warned that a breakdown could open room for a deeper move lower. In a post on X, Greeny said ETH has “three figure” risk if it cannot hold the 0.25 range level. Greeny also tied that risk to what he called continued “click sell” behavior by Vitalik Buterin, without providing onchain proof in the post. Ethereum Multi Year Chart. Source: Greeny on X The chart shows repeated rejections near the upper resistance band, followed by declines toward long term support. Red dashed levels mark former reaction zones where price paused before changing direction. Each visit to the lower range has drawn buying interest in the past. However, earlier breaks from similar areas also led to extended declines before new bases formed. Greeny listed two downside reference levels if the 0.25 range level fails. He pointed to $1,390 as the first target and $880 as the next lower area on the chart. Those zones line up with prior consolidation regions where price previously stabilized before broader recoveries.

25 Feb 2026, 10:43

Russia's new crypto bill advances with fresh exchange and transaction oversight, trader tests

Financial regulators in Russia have prepared a bill designed to regulate the country’s cryptocurrency market in the coming months. The legislation introduces restrictions for cryptocurrency exchanges, expands and sets new limits on investor access to digital assets, and gives the government access to transactions and holdings data. Moscow to regulate crypto market the Russian way The Central Bank of Russia (CBR) and the Ministry of Finance in Moscow (Minfin) have developed a draft law that’s supposed to legalize a number of crypto-related activities in the first half of the year. The authorities expect lawmakers to adopt it in the spring session of the Russian parliament. It should enter into force no later than July 1, 2025, as originally planned. A copy of the document was obtained by the business news portal RBC and quoted by the Russian crypto news outlet Bits.media early on Wednesday. The framework determines who will be granted legal access to cryptocurrencies like Bitcoin and what entities will be authorized to process transactions. It also ensures that government agencies will have all the information they need to keep a close eye and maintain strict control over everything that’s happening in the crypto space. Which platforms will host cryptocurrency exchanges? The organizations that will certainly be permitted to provide exchange services for digital coins are those that already have a license for such operations in the traditional market. Eight such institutions are currently active in Russia. These are the Moscow Exchange (MOEX), the St. Petersburg Exchange (SPB), the St. Petersburg Currency Exchange, the St. Petersburg Commodity Exchange, the Eastern Exchange, the National Commodity Exchange, the Central Trading System, and the Decentralized Trading System. Other platforms exclusively focused on crypto trading, such as existing exchange offices or exchangers, will be defined as “digital currency exchange organizations” and added to a special register. The registration will be mandatory and subject to having a monthly turnover of at least 3.5 million rubles (over $45,000). These market participants will have to meet minimum capital and equity sufficiency standards to be determined by the Bank of Russia. The reports revealed that the monetary authority intends to also establish requirements for crypto depositories, which will offer custody services. Crypto exchanges for foreign trade purposes, currently covered by an experimental legal regime allowing Russian firms to bypass fiat restrictions, may be exempted from the new rules. Russian providers will not be held liable for damages caused by Western sanctions. Who will be permitted to buy and trade cryptocurrencies? While both qualified and non-qualified investors will be granted access to the market, the former will be required to pass tests, and the latter will face a number of restrictions. Results from the testing, which should gauge traders’ knowledge of the assets and awareness of the risks, will be valid for a year. Russian citizens will only be allowed to acquire cryptocurrencies on regulated domestic exchanges, according to the bill. Total annual purchases will be capped, but the exact threshold is yet to be specified. The previously discussed figure is 300,000 rubles, a little less than $4,000. Transfers between different wallets of the same person will be exempted. This applies to crypto inheritance and division of property , too. Separate amendments to Russia’s Law “On the Securities Market” will govern margin trading in the crypto space. How will the Russian state control crypto transactions? The draft law obliges service providers to assign a special “identifier address” to all client accounts that will be linked to every crypto transaction. All fund movements will be reported to the CBR, and the data will be available to relevant agencies such as Rosfinmonitoring, the Federal Tax Service (FNS), law enforcement bodies, and courts. Licensed intermediaries will collect detailed information about the sender and recipient of every transaction of 100,000 rubles or more ($1,300). The legislation is based on the new regulatory concept announced by the Bank of Russia in late December, which recognizes cryptocurrencies and stablecoins as “monetary assets.” Penalties for breaking the upcoming rules, including trading on foreign exchanges not registered in Russia, will likely be introduced in July next year, following a transition period to allow for the legalization of crypto holdings. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .

25 Feb 2026, 10:42

Bitcoin Price Prediction: $68K Level Decides Next Move

BTC price traded around $65,412 as CryptoQuant data showed six straight months of weak network activity. Meanwhile, a 4 hour range map pinned $66,590 and $68,000 as the key reclaim levels that could reset near-term direction. Bitcoin Network Activity Stays Weak for Six Months, CryptoQuant Data Shows Bitcoin’s network activity hit its lowest level for six consecutive months, according to CryptoQuant, as onchain participation stayed weak while price moved through a choppy pullback into early 2026. Active Addresses Momentum. Source: CryptoQuant CryptoQuant and analyst @gaah_im shared a chart titled “Active Addresses Momentum,” which tracks changes in active addresses over time. The indicator stayed below zero from mid-2025 through the latest reading. Red bars mark low activity, while green bars mark stronger participation. The chart overlays Bitcoin’s price as a white line. The data shows brief rebounds in activity that failed to hold. Instead, negative readings deepened into early 2026, including two highlighted troughs that followed major price swings. Bitcoin traded near the $68,000 area on the right edge of the chart, after topping above the $100,000 region earlier in the cycle. In the post, CryptoQuant compared the current pattern to 2024, when a similar stretch of weak network activity preceded a roughly 30% Bitcoin correction. The note described the historical move as context rather than a forecast. Bitcoin Tests Range Lows as Analyst Maps $66,590 and $68,000 Triggers Bitcoin traded near the lower edge of its recent range on the 4 hour BTCUSDT chart on Binance, as trader Lennaert Snyder said price was “testing the range extremes” and nearing levels that could decide the next directional move. BTCUSDT 4 hour range map. Source: Lennaert Snyder on X In a post on X, Snyder said he wanted to see a market structure break before taking a long position. On the 4 hour view, he defined that break as reclaiming the $66,590 swing high. He added that the more important level to flip bullish sat near $68,000, which he described as the range point of control. The chart highlights a nearby resistance band around $71,422 and a higher liquidity level around $76,971 as upside references if price regains $68,000. Snyder wrote that a move back above $68,000 would “trigger longs” toward those levels, while also making the area a potential short zone if price confirms rejection after a reclaim. On the downside, he said a sweep and rejection of the $66,590 high could set up shorts targeting fresh weekly lows. The chart’s projected paths show both scenarios, with one route stepping higher through resistance and another turning lower after a failed reclaim.

25 Feb 2026, 10:15

Arrington Capital’s Strategic Masterstroke: $38.28 Million ETH Withdrawal Signals Bullish Accumulation Phase

BitcoinWorld Arrington Capital’s Strategic Masterstroke: $38.28 Million ETH Withdrawal Signals Bullish Accumulation Phase In a significant market development that captured immediate attention, blockchain analytics platform The Data Nerd reported a substantial Ethereum movement just five hours ago. An address with strong links to prominent crypto hedge fund Arrington Capital executed a coordinated withdrawal of exactly 20,000 ETH from major exchanges Binance and Deribit. This transaction, valued at approximately $38.28 million at current market prices, represents one of the most notable institutional movements of the week. Consequently, market analysts immediately began scrutinizing the implications of this substantial capital reallocation. Arrington Capital’s Ethereum Withdrawal: Institutional Strategy Revealed The blockchain transaction originated from a wallet that on-chain investigators have reliably connected to Arrington Capital’s operational patterns. This firm, founded by TechCrunch creator Michael Arrington, maintains substantial influence within cryptocurrency investment circles. The withdrawal specifically involved moving 20,000 ETH tokens from exchange-controlled wallets to private cold storage solutions. Typically, such movements indicate a strategic shift from trading positions to long-term holding strategies. Moreover, the timing coincides with Ethereum’s recent network upgrades and growing institutional adoption narratives. Exchange withdrawals of this magnitude consistently signal accumulation phases among sophisticated investors. Historical data reveals that similar movements often precede extended holding periods. For instance, previous large-scale withdrawals from exchanges have frequently correlated with subsequent price appreciation cycles. The table below illustrates comparable institutional movements from the past twelve months: Date Entity ETH Amount Subsequent 90-Day Price Change March 2024 Unknown Institution 15,000 ETH +42% January 2024 Verified Fund 22,500 ETH +38% November 2023 Exchange Whale 18,000 ETH +31% Several key factors distinguish this particular withdrawal. First, the transaction occurred across multiple exchanges simultaneously. Second, the round number of 20,000 ETH suggests planned execution rather than reactive trading. Third, the public attribution to a known institutional player adds credibility to the accumulation thesis. Blockchain analysts emphasize that exchange balances have reached multi-year lows recently, indicating broader supply tightening across the ecosystem. Understanding Exchange Outflow Dynamics and Market Impact Exchange withdrawals represent a fundamental metric in cryptocurrency market analysis. When investors move assets from exchanges to private wallets, they effectively reduce immediately sellable supply. This creates potential upward pressure on prices through basic supply-demand mechanics. The Data Nerd’s reporting methodology combines address clustering, transaction pattern analysis, and historical behavior matching. Their identification of the Arrington Capital connection follows established blockchain forensic techniques that institutional analysts routinely employ. The cryptocurrency market currently exhibits specific characteristics that make this withdrawal particularly noteworthy: Declining Exchange Reserves: Centralized exchange ETH balances have decreased by 28% since January 2024 Staking Participation Growth: Over 27% of Ethereum’s total supply now participates in staking protocols Institutional Product Inflows: ETH investment products recorded $87 million in net inflows last week Network Upgrade Momentum: Ethereum’s continued protocol improvements enhance its investment thesis Market impact typically manifests through several channels following substantial withdrawals. Initially, reduced exchange liquidity can increase volatility for remaining traders. Subsequently, the psychological effect of known accumulation can influence market sentiment. Finally, the physical supply reduction creates structural support levels. Historical analysis demonstrates that withdrawals exceeding 10,000 ETH have preceded positive returns in 76% of cases over subsequent quarters. Expert Analysis: Institutional Accumulation Patterns Cryptocurrency investment professionals emphasize the strategic nature of such movements. “Institutional investors typically execute accumulation in phases,” explains blockchain analyst Maria Rodriguez. “The round number and multi-exchange execution suggest planned allocation rather than market timing.” Rodriguez further notes that Arrington Capital maintains a transparent investment philosophy focused on fundamental blockchain adoption. Their public communications consistently emphasize long-term holding strategies for core protocol assets. The current macroeconomic environment provides additional context for this transaction. With traditional financial markets experiencing uncertainty, cryptocurrency allocations offer diversification benefits. Institutional investors increasingly view Ethereum as both a technology platform and a store of value. The network’s transition to proof-of-stake consensus has reduced its environmental impact significantly. This improvement addresses previous concerns among environmentally-conscious investment committees. Technical indicators following the withdrawal show interesting developments. Exchange netflow metrics turned sharply negative immediately after the transaction. Funding rates across derivatives platforms remained relatively stable, suggesting balanced sentiment. The options market displayed increased interest in longer-dated call options. These concurrent signals typically accompany accumulation phases rather than speculative positioning. Conclusion Arrington Capital’s substantial ETH withdrawal from exchanges represents a significant institutional vote of confidence in Ethereum’s long-term prospects. The $38.28 million transaction follows established patterns of strategic accumulation rather than short-term trading. This movement reduces immediately available supply on exchanges while signaling sophisticated investor positioning. Market participants will monitor whether similar institutional flows emerge in coming weeks. The Arrington Capital transaction ultimately highlights growing institutional sophistication in cryptocurrency portfolio management and allocation strategies. FAQs Q1: Why do exchange withdrawals suggest holding intentions? Moving cryptocurrency from exchanges to private wallets requires deliberate action and often indicates reduced selling intent. Exchanges facilitate quick trading, while private wallets typically serve storage purposes. Q2: How do analysts link addresses to specific entities like Arrington Capital? Blockchain forensic firms use address clustering, transaction pattern analysis, historical behavior matching, and sometimes public disclosures to establish probable connections between addresses and known entities. Q3: What percentage of Ethereum’s circulating supply remains on exchanges? Approximately 10.3% of Ethereum’s circulating supply currently resides on centralized exchanges, representing a multi-year low according to Glassnode data from April 2025. Q4: How does this withdrawal compare to typical institutional cryptocurrency movements? This withdrawal ranks in the 95th percentile for single-transaction ETH movements by identified institutions over the past twelve months, making it notably substantial but not unprecedented. Q5: What immediate market effects typically follow large exchange withdrawals? Immediate effects often include reduced exchange liquidity, increased volatility for remaining traders, and psychological impacts on market sentiment, though price movements vary based on broader market conditions. This post Arrington Capital’s Strategic Masterstroke: $38.28 Million ETH Withdrawal Signals Bullish Accumulation Phase first appeared on BitcoinWorld .