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Pump's live coin GBACK hits a record high market cap of $23.8 million, with a 24-hour increase of 53%.

2025.12.17 15:47:04

On December 17th, per GMGN’s Telegram monitoring, the meme coin GBACK—promoted again in Pump Live’s broadcast today—surged sharply. It posted a 24-hour gain of 53%, hitting a $23.8 million market cap (a new all-time high) and is currently trading at approximately $0.0238. Most other coins featured in live stream promotions have market caps under $2 million, with GBACK holding a notable lead. BlockBeats notes that meme coin trading is extremely volatile, driven largely by market sentiment and hype rather than underlying value or use cases. Investors should be mindful of the associated risks.
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A Whale Address Conducted 2 "Buy the Dip, Sell the Rip" ETH Transactions in the Past 7 Days, Resulting in a $370,000 Loss

Feb 9 — Per Lookonchain monitoring, trader 0x8062 executed two ETH trades over the past 7 days, both being buy-high-sell-low moves. Details: - Bought 2,132 ETH at $2,294, sold at $2,195 → Loss: $211,681 - Bought 2,233 ETH at $2,095, sold at $2,023 → Loss: $160,911

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CertiK: In 2025, there were 72 incidents of "Supply Chain Attacks," representing a 75% increase compared to the previous year, with Europe being the hardest-hit region

**February 9th (CertiK Analysis) — 2025 SimpSwap Attacks Surge Sharply** CertiK’s latest analysis reveals a steep rise in 2025 “SimpSwap Attack” incidents: 72 confirmed cases, a 75% year-over-year jump. Financial losses topped $40.9 million, up 44% from the prior year. Experts warn this figure likely understates the true impact, as many cases go unreported and are sealed by confidentiality agreements. Europe has become a major hotspot, driving over 40% of global incidents—with France leading in case counts. Violence has escalated dramatically: physical attacks surged by 250%. High-profile cases include kidnappings of crypto holders (including entrepreneurs and their families) in France, Austria, and the UAE.

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Last week, 2B $USDT was minted on #Tron, pushing its circulating supply to ~84.65B and 45.87% of the total market.

Last week, 2B $USDT was minted on #Tron. $USDT's circulating supply on #Tron is ~84.65B now, making up 45.87% of the market.

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Farcaster Founder Dan Romero has joined stablecoin platform Tempo.

On February 9th, Fox reported that Dan Romero—Farcaster’s founder—has joined Tempo, a stablecoin platform backed by Stripe and Paradigm.

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Backpack Token Distribution Details Revealed: 25% Unlocked at TGE, 37.5% Gradually Unlocked Pre-IPO, Remaining 37.5% Unlocked Post-IPO as Treasury Funds

On February 9, Backpack officially shared its token distribution details via social media, with the following breakdown: · 25% of tokens will unlock at the Token Generation Event (TGE): 24% for point holders, 1% for Mad Lads. · 37.5% will unlock pre-IPO, with gradual releases tied to key milestones. All tokens go to users who hit each supply milestone—based on measurable regulatory progress, product expansion, and broader market access. · 37.5% will unlock post-listing, held as corporate treasury funds fully locked until 1 year after the IPO. These tokens act as strategic digital asset exposure for long-term value creation; all team members and investors gain token exposure through the corporate treasury.

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An ETH long position held for 70 days incurred a realized loss of $8.8 million upon liquidation. Subsequently, a new 20x leverage $120 million ETH long position is experiencing an unrealized loss of $1.4 million.

On February 9, LookOnChain monitoring data shows that a steadfast Ethereum (ETH) bull identified by the address "0xa5B0" closed out his ETH long position after holding it for over 70 days, incurring an $8.8 million loss. Shortly thereafter, he opened a new 20x leveraged long position of 60,000 ETH (valued at $1.22 billion at the time of opening). As of now, this new position is already facing a loss of over $1.4 million.

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