「Hyperliquid Early Contributor Loracle」 Increases PAXG Long Position, Holding Reaches $3.77 Million

**Key Update: Off Chain Labs Co-Founder Clarifies Arbitrum-Ethereum Relationship Amid Vitalik’s Recent Comments** On February 4th, Steven Goldfeder—co-founder of Off Chain Labs (the team behind layer-2 network Arbitrum)—took to social media to outline core points about Arbitrum’s ties to Ethereum: 1. **Arbitrum ≠ Ethereum**: He stressed Arbitrum and Ethereum are close allies with a five-year symbiotic relationship, not the same entity. 2. **L1-L2 Alignment**: Goldfeder pushed back on the idea that a scaled layer-1 (L1) conflicts with a thriving layer-2 (L2) ecosystem, noting no L2 team he’s aware of opposes L1 scaling. Off Chain Labs actively supports Ethereum’s L1 development, he added, by acquiring and continuously funding Prysm to ensure it has sufficient resources for ongoing work. 3. **L2’s Institutional Edge**: While agreeing with Vitalik’s take that “The Rollup story evolves with time,” Goldfeder argued Ethereum’s best bet for winning large institutions remains L2s. “E

February 4 — Per GMGN monitoring, Solana meme coin WhiteWhale has seen a continuous surge in market value, with a short-term spike pushing its market cap past $100 million. The token is currently trading at around $0.105, up 25% over the past 24 hours. The rally may stem from recent personal purchases by the token’s associated figure, The White Whale (linked address: ECyvt...). Today, The White Whale has bought over 2.39 million tokens (valued at ~$200,000) and transferred them to their primary address (EBxg...). The primary address now holds a position worth ~$56 million, accounting for 56% of the meme coin’s total supply. Unrealized profits total $17.7 million (30%), with an average purchase price of ~$0.0213 — no sales have been recorded to date. **Background**: The meme coin was initially launched on October 13, 2025, on pump.fun by fans using the avatar of prominent trader The White Whale (X handle: @TheWhiteWhaleV2), who is active on X and Hyperliquid. Later, due to conc

February 4 — Per Fortune — crypto-focused anti-crime startup TRM Labs has closed a $70 million Series C funding round, securing a $1 billion valuation. The round was led by early backer Blockchain Capital, with participation from top traditional firms including Goldman Sachs, Bessemer, Brevan Howard, Thoma Bravo, and Citi Ventures. The raise values TRM at $1 billion, catapulting the firm into the "crypto unicorn" club. Leveraging its blockchain analysis platform, TRM has emerged as a go-to name for global law enforcement and a growing number of private firms that use crypto for fund transfers. Per TRM co-founder Casta?o, roughly 40% of the firm’s clients are in the private sector — a share that’s growing as financial institutions test tokenized deposits, equities, and other assets.

On February 4, QCP Capital noted in its official channel that at the macro level, while the U.S. government shutdown cloud has lifted, a key takeaway is that fiscal standoffs could quickly return. Funding for the Department of Homeland Security (DHS) was only extended through February 13, leaving another deadline risk on the table. Additionally, after the U.S. downed an Iranian drone near the USS Abraham Lincoln aircraft carrier in the Arabian Sea, oil prices are building a modest geopolitical risk premium—though diplomatic signals continue to cap upside. Stateside, political sparring over the Fed has reignited. Trump has nominated Kevin Warsh as the next Fed Chair, reintroducing broad uncertainty. If investors begin betting on a higher chance of deeper rate cuts later this year, this could modestly support risk assets and weaken the dollar—but also redirect focus to the Fed’s balance sheet. Warsh has signaled a preference for a faster balance sheet runoff, which would directly impac

**February 4, 2026** The U.S. Department of Labor (DOL) announced Wednesday that all its agencies have resumed full normal operations, effective February 4, 2026, following the enactment of a continuing resolution. Previously, partial U.S. government shutdowns occurred after the continuing resolution failed to pass. The DOL noted it has delayed the release of the January nonfarm payrolls report, with the new release date to be announced separately once operations are fully resumed. *Source: FXStreet*

On February 4, CZ (Changpeng Zhao) posted on his X account (863k followers) in response to a "Potential Scammer" post: “Who’d impersonate a BNB supporter, use fake AI-generated pics nonstop for months just to spread FUD? I can’t think of any other angle—feels like someone from another self-proclaimed project did this. They’re more focused on us than their own project. That account used to seem like it belonged to a woman. Before February 2015, it mostly posted photos of women. Then in July 2015, it suddenly switched to only crypto-related content—either hacked or sold. They didn’t even bother deleting the old pics; you can still find them on the media tab. Total lazy troll.”