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Flash Crash Whale "pension-usdt.eth" Opens Another 3x Ethereum Short Before US Stock Market Open

2 hours ago

February 6: Per HyperInsight data, the Bollinger whale address **pension-usdt.eth** reopened a 3x ETH short position ahead of the U.S. stock market open, with a notional value exceeding $8.45M (equivalent to 4,503 ETH). Later that day at noon, the whale closed out the short position, netting $2.21M in profits over 11 hours.
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Coinbase International will delist SATS, LAYER, and other perpetual contract trading pairs

Coinbase announced on Tuesday, February 7, that it will suspend trading for the following perpetual contract pairs on Coinbase Advanced and Coinbase International Exchange at approximately 13:00 UTC on February 20. The affected pairs are: EDGE-PERP, PROMPT-PERP, 1000SATS-PERP, FLOW-PERP, SCR-PERP, IO-PERP, AR-PERP, HMSTR-PERP, DEGEN-PERP, L3-PERP, GIGA-PERP, TNSR-PERP, BLAST-PERP, DYM-PERP, ZETA-PERP, CGLD-PERP, LAYER-PERP, MEW-PERP, CRO-PERP, MANTLE-PERP, RSR-PERP, HNT-PERP, SYRUP-PERP, PROVE-PERP, GRASS-PERP. Per the announcement, the suspension aligns with the platform’s ongoing commitment to upholding a high-quality derivatives market, as Coinbase prioritizes products that consistently meet liquidity and market quality standards.

3 minutes ago

Analysis: Bitcoin On-Chain Losses Approach Last Bear Market End Levels

CryptoQuant analyst Darkfost noted on February 6 that the crypto market is approaching the on-chain loss supply level observed during the last bear market. Back in November 2022, roughly 10.5 million Bitcoin were in a loss position. Currently, over 9.5 million Bitcoin are in loss, while around 10.4 million remain profitable. Darkfost also pointed out the market is on track to see loss and profit Bitcoin supplies roughly equal—a scenario last seen at the end of the 2022 bear market. Notably, this correction is significant, with loss-holding supply growing rapidly.

3 minutes ago

"The Buddy" topped up with nearly 200,000 USDC, increased long position, overall holding increased to $4.5 million"

On February 6, Onchain Lens monitoring data indicates a crypto whale has once again deposited 198,960 USDC into HyperLiquid. The whale has boosted their long positions in ETH and HYPE, and opened a new long position in BTC.

3 minutes ago

Bitcoin Breaks $69K, Bounces Nearly 15% from Low

On February 6, Bitcoin surged past $69,000, according to HTX market data, with its current price at $69,017. The cryptocurrency has rebounded nearly 15% from today’s low of $60,010.

3 minutes ago

Bithumb Acknowledges Mistakenly Airdropping a Large Amount of Bitcoin to Users, Causing a Temporary Sharp Drop in On-Exchange Bitcoin Price

February 6: Korean exchange Bithumb released a statement confirming it mistakenly airdropped a large amount of Bitcoin to users Wednesday, with those recipients then selling the crypto—triggering a sharp drop in Bitcoin’s price on the platform. Earlier, Dumpster DAO core member Definalist noted Bithumb staff had intended to distribute 2,000 South Korean won as a reward but mistakenly sent 2,000 BTC instead. Hundreds of users received the unexpected airdrop, pushing Bitcoin’s price on Bithumb to a 10% discount compared to other markets at one point.

3 minutes ago

Yesterday, the Multicoin associated address transferred 440,000 JITOSOL to a liquidity provider, worth approximately $47 million.

**Multicoin Transfers 440k JITOSOL to Market Makers; Remains Top SOL Holder** Arkham analyst Emmett Gallic, in Feb 6 monitoring, reported Multicoin-linked addresses sent 440,000 JITOSOL to market makers FalconX and Galaxy Digital the prior day (Feb 5). The transfer is valued at ~$47 million. Gallic estimates Multicoin still holds at least 2.8 million SOL (~$250 million)—down from 24 million SOL in early 2021. Separately, Multicoin co-founder Kyle Samani announced Feb 5 he’s stepping down to explore new tech-focused directions, though he’ll remain Chairman of the firm, one of the largest SOL treasury holders.

3 minutes ago