Due to the surge of ZKSync, the ZK and L2 token sectors have seen a significant increase today.

February 11 — According to Coinbob Popular Address Monitoring, the largest on-chain gold short whale (address: 0xfc66..., nicknamed "On-chain Stockholder") recently held ~$80M in short positions across various on-chain stocks and commodities, plus ~$40M in crypto positions (ETH, SOL, etc.). The address has realized ~$12.7M in profits this month. Over the past few days, the whale has continued to boost its PAXG (on-chain gold) short position, growing from $24.9M to $30.3M. Its short position in GOLD (tokenized gold asset) has also held steady at ~$10.5M. Notably, the whale has built a ~$36M short position on the "ETH/SOL exchange rate" by shorting ETH and longing SOL simultaneously—this position has already generated significant unrealized profits. Current key holdings: - 5x PAXG: ~$30.3M position, avg entry $4974, ~$520k unrealized loss - 20x ETH: ~$18.8M position, avg entry $2043, ~$270k unrealized gain - 20x SOL: ~$18M position, avg entry $80.6, ~$610k unrealized gain - 5

February 11 – Per the Coinbob Popular Address Monitor, as HYPE’s price continues to decline, one of the largest on-chain whales (suspected of HYPE listing insider trading) has seen unrealized losses widen to $13.7 million. The address currently holds a 5x leveraged long position on HYPE: position size ~$39.7 million, average entry price $38.67, and current unrealized losses of ~171%. Recently, the whale has repeatedly withdrawn collateral from Hyperliquid, pushing its liquidation price up from $20 to $26.15. It now sits just 9.1% away from a margin call. Notably, even when HYPE previously surged sharply (nearly letting the whale break even), it never closed the position. Background: The whale went long on HYPE **before its October 23 Robinhood listing last year** – its entry price was immediately breached, and it’s remained in unrealized loss territory ever since, with no position adjustments or reductions (continuing to "hodl" to date). Its peak unrealized loss neared $26 mil

Feb. 11 (Tuesday) — U.S. House lawmakers rejected Speaker Mike Johnson’s bid to block a vote on a resolution targeting former President Trump’s tariffs, dealing a major blow to Johnson’s leadership and clearing the way for lawmakers to criticize Trump’s signature economic policy, per The Wall Street Journal. The procedural motion failed 217-214, with three Republicans joining all 214 Democrats in opposition — a narrow defeat in the closely divided House. The vote clears the path for Democrats to bring the tariff-challenging resolution to a full House vote, potentially kicking off a series of highly anticipated votes as early as Wednesday. While Trump could veto any resolution sent to his desk, a successful vote would amount to a public repudiation of his tariff policy, likely prompting a strong reaction from the White House. (Golden Finance)

February 11 – Per monitoring by HyperInsight (via https://t.me/HyperInsight), the address tied to "Brother Ma Ji" (Li-Cheng Huang) ramped up his Ethereum (ETH) long position multiple times in nearly an hour, lifting the current holding to 5,025 ETH. Key details: - **Position**: 5,025 ETH long at 25x leverage - **Entry price**: $2,051.2 - **Liquidation price**: $1,973.4 - **Current unrealized loss**: $265,000 (66.6% drawdown) Over the past week, this "Brother" address has lost $853,400, with total losses topping $25.59 million.

On Feb. 11, SkyBridge Capital founder Anthony Scaramucci told the Consensus Hong Kong conference that his firm continues to buy Bitcoin despite the recent market downturn, revealing it has been gradually building its position at around $84,000, $63,000, and the current lower range. Bitcoin had previously fallen from above $126,000 in October to nearly $60,000 before rebounding to roughly $69,000. Scaramucci described buying Bitcoin during a downtrend as "catching a falling knife" but remains firmly bullish. He also noted former President Trump is "more crypto-friendly than his predecessor," though added Trump’s controversial geopolitical moves (such as comments about Greenland) could deepen partisan divisions and thus impact digital asset legislation. Additionally, Scaramucci stated that Solana—a programmable Layer 1 public blockchain—is poised to capture significant market share amid the competitive landscape for such networks.

As of Feb. 11, HTX market data shows ZRO’s 24-hour price surge has widened to 20.38%, currently trading at $2.259 with a market cap rising to $1.116 billion. Tether Investments announced a strategic investment in LayerZero Labs yesterday. The interoperable infrastructure, paired with Tether’s Wallet Development Kit (WDK), delivers underlying channels for real-world use cases including digital asset payments, settlement, and custody. Notably, LayerZero Labs also secured early-stage investment from FTX previously.