A whale transferred 10,000 GIGGLE to Binance, with a unrealized gain of $1.71 million

Per Defillama figures, Hyperliquid’s revenue hit $25.19 million this week, marking three straight weeks of growth for the platform. Per HTX market data, HYPE climbed from a Jan. 21 low of $20.5 to briefly top $38, and now trades at $31.5. Even amid the broader crypto market downturn—with Bitcoin dipping to $60k at one point—the HYPE/BTC pair has surged over 70% in the past two weeks.

Xinhua News Agency, February 8 — U.S. Treasury Secretary Janet Yellen said Wednesday she does not anticipate the Federal Reserve will act quickly on the balance sheet matter. She noted that she believes Federal Reserve Chair Jerome Powell will maintain his independence.

Per LookOnChain monitoring, two new wallets—17oiCa and 0x929f—have withdrawn 3,500 BTC (valued at $249 million) and 30,000 ETH (valued at $63 million) from Binance as of 5 hours ago on February 8th.

Data from fees.pump.fun shows Pump.fun spent 15,052.99 SOL (roughly $1.318 million) yesterday to repurchase 632.9 million PUMP tokens. Since launching its PUMP buyback initiative on July 15th, the platform has repurchased approximately $282 million worth of PUMP, cutting the total circulating supply by 22.979%.

Feb. 8: Chaitanya Jain, the Bitcoin Strategy Manager at Strategy, posted on social media: “We will never stop buying Bitcoin.” Earlier, Michael Saylor—Strategy’s founder—again shared details about the Bitcoin Tracker, stating: “Orange dots are very important.” Based on historical patterns, Strategy typically discloses its Bitcoin purchase details the day after such announcements.

Feb. 8 data from Coinglass shows that if Bitcoin breaks above $73,000, the total short liquidation intensity across major centralized exchanges (CEXs) will hit $482 million. Conversely, if Bitcoin drops below $70,000, the total long liquidation intensity on these major CEXs will reach $270 million. Note from BlockBeats: Liquidation charts do not display the exact number or value of contracts being liquidated. Instead, the bars on these charts represent the relative importance of each liquidation cluster compared to neighboring clusters—i.e., "intensity." Thus, liquidation charts illustrate how significantly reaching a specific price level will impact the market. A taller "liquidation bar" means the price hitting that level will trigger a more intense reaction due to a liquidity cascade.