"「Strategy Opponent Position」 Stop-loss of 54 million USDT in BTC and ETH long positions, resulting in a loss of approximately 1.86 million USDT"

February 11 (CoinDesk) — On-chain data analytics platform Arkham is planning to shut down its cryptocurrency exchange, Arkham Exchange, after sources confirmed the platform failed to attract sufficient trading volume. Arkham Intelligence initially proposed launching a crypto derivatives exchange in October 2024. By early 2025, Arkham Exchange had rolled out spot crypto trading services in several U.S. states and launched a mobile trading app in December. Per CoinGecko data, the exchange’s 24-hour trading volume was just ~$620,000.

On February 11, Binance founder CZ retweeted a post saying: "The key to success is making small breakthroughs every day—no need to push yourself too hard. Overexertion only leads to burnout. Stay in the 110% to 130% range, stick with it for 30 years, and if you’re not too unlucky, you’ll likely live a pretty good life." CZ added that upon reflection, you don’t actually need 30 years; 10 years will bring great achievements.

On February 11, LookOnChain monitoring data reveals that the whale address "0x28eF"—which purchased 60,784 ETH (valued at $126 million) three days ago—has staked 60,073 ETH, worth $117 million.

February 11: UK-based Bitcoin treasury firm The Smarter Web Company has added 15 Bitcoin to its holdings, bringing its total to 2,689.

On February 11, Hong Kong’s Securities and Futures Commission (SFC) released new guidance allowing licensed brokers offering virtual asset trading services (virtual asset brokers) to expand their scope to include margin financing. The regulator also established a high-level framework to guide virtual asset trading platforms in proposing leveraged virtual asset products for professional investors. These changes align with the SFC’s ASPIRe roadmap, which focuses on diversifying product and service offerings. Under the new rules, virtual asset brokers may offer virtual asset financing to their securities margin clients—provided they meet requirements for adequate collateral and strong investor protection. This is expected to boost participation from margin clients with solid credit and collateral, while enhancing Hong Kong’s virtual asset market liquidity in a risk-controlled framework. For licensed virtual asset trading platforms, the SFC has for the first time rolled out a high-le