The Layer2 Correction of February 18: A Forensic Dissection of the Code Behind the Drop
On February 18, 2025, the crypto Layer2 sector bled 2–5% across the board....
Events
•
RayWhale
•
2026-07-17
Market Prices
BTC
Bitcoin
$64,078.7
+2.17%
ETH
Ethereum
$1,841.42
+1.74%
SOL
Solana
$74.74
+1.44%
BNB
BNB Chain
$570.2
+2.13%
XRP
XRP Ledger
$1.09
+1.32%
DOGE
Dogecoin
$0.0722
+1.29%
ADA
Cardano
$0.1647
+3.98%
AVAX
Avalanche
$6.55
+2.15%
DOT
Polkadot
$0.8367
+0.14%
LINK
Chainlink
$8.27
+3.12%
Event Calendar
202612
05
halving
BCH Halving
Block reward halving event
15
04
halving
Bitcoin Halving
Block reward reduced to 3.125 BTC
08
04
upgrade
Solana Firedancer
Independent validator client goes live on mainnet
30
04
upgrade
Celestia Mainnet Upgrade
Improves data availability sampling efficiency
22
03
unlock
Optimism Unlock
Circulating supply increases by about 2%
18
03
unlock
Sui Token Unlock
Team and early investor shares released
28
03
unlock
Arbitrum Token Unlock
92 million ARB released
10
05
upgrade
Ethereum Pectra Upgrade
Raises validator limit and account abstraction
Gas Tracker
Ethereum
28 Gwei
BNB Chain
3 Gwei
Polygon
42 Gwei
Arbitrum
0.5 Gwei
Optimism
0.3 Gwei
Topic Tags
💡 Smart Money
0x09f1...a33b
Experienced On-chain Trader
+$1.4M
87%
0x5a04...2b99
Arbitrage Bot
+$1.4M
77%
0x3db4...f7ba
Institutional Custody
-$4.1M
79%
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Market Cap
All →| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$64,078.7 |
| 1 |
Ethereum
ETH
|
$1,841.42 |
| 1 |
Solana
SOL
|
$74.74 |
| 1 |
BNB Chain
BNB
|
$570.2 |
| 1 |
XRP Ledger
XRP
|
$1.09 |
| 1 |
Dogecoin
DOGE
|
$0.0722 |
| 1 |
Cardano
ADA
|
$0.1647 |
| 1 |
Avalanche
AVAX
|
$6.55 |
| 1 |
Polkadot
DOT
|
$0.8367 |
| 1 |
Chainlink
LINK
|
$8.27 |
🐋 Whale Tracker
🔴
0xfc7e...2142
6h ago
Out
33,759 SOL
🔴
0xeaf8...b2e8
12h ago
Out
1,375,982 USDC
🟢
0xe88c...03e6
5m ago
In
1,007,856 USDC