X Product Owner: Will not directly handle crypto transactions or act as a broker, solely developing financial data tools and connections

February 15th: A self-proclaimed ex-Listing Manager at Binance (identified as Chase) stated in an interview that "short-term prices are driven by liquidity, attention, and tokenomics." In response, He Yi noted: "Indeed, short-term prices are heavily influenced by liquidity, traffic, and token structure. But whether hype can outlast market cycles depends on factors like revenue generation, utility empowerment, and the impact of token issuance/burn. For example, BTC, ETH, and BNB have all broken free from the constraints of those three initial factors. The crypto industry has leaned on storytelling for years—but that narrative is dead; utility is now the key."

February 15th — Per market data from GMGN (via the link: https://gmgn.ai/sol/token/i_m4TE56o8_Dfh5DzRgSvvCFDoYc2ciTkMrbDfRKybA4SoFbPmApump), Solana ecosystem meme coin PIPPIN has hit a new all-time high. As of press time, its market capitalization stands at $7.47 billion, with a 24-hour price surge of 14.45% and 24-hour trading volume topping $26.6 million. BlockBeats notes that meme coins are highly volatile assets, fueled primarily by market sentiment and conceptual hype—they lack underlying value or real-world use cases. Investors are advised to exercise caution amid these inherent risks.

On Feb. 15, Michael Saylor—founder of Strategy—re-released details from the Bitcoin Tracker on X, and he may disclose his hodling data next week.

As of February 15th, LookOnChain monitoring shows a whale that purchased 60,784 ETH on the 11th has withdrawn 7,301 ETH (valued at $15.14 million) from OKX over the past 8 hours.

February 15: NYDIG Research Director Greg Cipolaro has flagged a sentiment divergence between U.S. institutional investors and offshore traders in the Bitcoin market. Currently, the annualized basis of CME Bitcoin futures outpaces that of offshore exchange Deribit—signaling U.S. hedge funds and other institutions still opt to pay a premium to hold long positions, while leveraged long interest in the offshore market has dropped sharply. On prior market rumors that a "quantum computing threat" pushed Bitcoin to $60,000, NYDIG says data debunks this logic: - Bitcoin’s recent trend has correlated **positively** with quantum computing-linked stocks (IONQ, D-Wave), not inversely. If quantum computing posed a targeted threat, those stocks should rise when Bitcoin falls—but their synchronized decline reflects a broad pullback in risk appetite for long-term growth assets. - Google Trends data shows related search volume spikes usually coincide with Bitcoin price gains, not drops—sugge

February 15 Binance’s He Yi has clarified that former employee Chase is a Business Development (BD) associate—not a listing manager—contrary to Chase’s self-identification in a recent viral interview. Key details from He Yi: - Binance’s listing team (responsible for project analysis and due diligence/DD) does not communicate directly with project teams. - Contract terms are handled by BD teams, but BD associates lack decision-making power. - Listing and BD are separate teams with distinct reporting lines; BD connects with numerous projects to support the pipeline. Chase’s prior claims (in the interview): - The Binance listing team has over a dozen members, with only 4 (including him) engaging externally with projects. - He reviewed over 1,000 crypto projects in his 2.5 years at Binance. - By 2025, he helped ~100 projects (including Alpha) list on Binance. - Roughly 5-10% of projects move forward to listing after initial communication with founders. He Yi added: