A whale moved 4.39 million UNI to a new address before BlackRock announced plans to purchase UNI

On February 12, per Coinglass data, if Bitcoin drops below $65,000, cumulative long liquidation strength across major centralized exchanges (CEXs) will hit $675 million. Conversely, if Bitcoin rises above $69,000, cumulative short liquidation strength on major CEXs will reach $905 million. BlockBeats Note: Liquidation charts do not show the exact number of contracts to be liquidated or the exact value of liquidated contracts. The bars on these charts represent the relative importance of each liquidation cluster compared to adjacent clusters—i.e., "strength." As such, liquidation charts indicate how significantly the underlying asset’s price will react when it hits a certain level. A taller "liquidation bar" means the price will see a more intense reaction from a liquidity cascade once it reaches that threshold.

February 12: Greeks.live shared on social media that put options continue to dominate the market. Today, large-scale Bitcoin (BTC) put options traded over $1 billion, accounting for 37% of total options volume, with most contracts falling in the $60,000-$65,000 strike price range. For maturity, focus centers on medium-term options expiring next month (March) — a sign institutions hold a bearish view on the medium-to-long-term market trend. Bearish expectations are particularly strong for the 1-2 month horizon.

Citi expects the Federal Reserve to begin cutting interest rates in May, revising its prior forecast of a March start, according to FX678.

**February 11th** Per HyperInsight monitoring (via its Telegram channel @HyperInsight), as the crypto market slid, the “Buddy” cut their 25x-leveraged ETH long position by 1,800 ETH in under an hour. The position was reduced to 500 ETH (valued at ~$869k), with a liquidation price of $1,886.59. Their account balance was just $43k, leading to a cumulative loss of $25.9 million.

On February 11, Val Vavilov—Bitfury co-founder and early Bitcoin investor—characterized the recent 50% crypto market dip as a buying opportunity. While still bullish on Bitcoin, he emphasizes it’s only one component of his diversified investment portfolio, which now includes an AI-driven data center business. Vavilov did not disclose specific purchase amounts, but his strategy contrasts sharply with the heavy bets of other crypto industry heavyweights. For example, Michael Saylor has poured $7 billion into Bitcoin since the October market downturn. By balancing allocations across crypto and AI, Vavilov has maintained asset stability amid market fluctuations, with his net worth currently standing at around $1.1 billion.

February 11th — Davide Crapis, AI lead at the Ethereum Foundation, noted the internet has turned "access" into an identity-based model: every API call ties to your email, credit card, or wallet address. AI, he warned, will worsen this dynamic. His proposal? Swap identity for staking: a one-time deposit that lets users launch thousands of API calls while staying untraceable. Abuse the system, and your stake gets forfeited. Ethereum co-founder Vitalik Buterin agreed, calling this the right path to make Ethereum an AI haven. He stressed fundamental innovation using zero-knowledge (ZK) privacy payments and reputation systems—rather than just copying existing setups onto the blockchain.