Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

As of February 27th, per HyperInsight monitoring (via https://t.me/HyperInsight), U.S. stock pre-market trading triggered a drop in crypto prices like BTC and ETH. The largest long positions for the two major coins flipped from profitable to losing, with key details below: - **pension-usdt.eth**: A 3x-leveraged BTC long position totaling $66.8 million, average entry price of $68,000, floating loss of $30,000. - **ETH Whale Trader**: A 15x-leveraged ETH long position worth $139 million, average entry price of $1,991, approximate floating loss of $1,000.

On February 27th, Coinglass data shows that mainstream centralized exchanges (CEXs) could face $1.028 billion in cumulative long liquidation intensity if Bitcoin drops below $65,000. Conversely, if Bitcoin climbs above $69,000, those same CEXs would see $1.012 billion in cumulative short liquidation intensity. BlockBeats Note: Liquidation charts do not display the exact number of contracts or their total liquidation value. Instead, the bars on these charts represent how significant each liquidation cluster is relative to nearby clusters—this is what’s referred to as "intensity." Put simply, the chart illustrates how strongly the underlying asset’s price will react when it hits a specific level: a taller liquidation bar means the price will experience a more intense response due to a surge in liquidity when that level is reached.

On February 27th, Bitcoin dropped below $67,000, posting a 2.39% 24-hour decline, per HTX market data.

February 27: Matrixport transferred 750 BTC (valued at $50.89 million) to Binance, per Onchain Lens monitoring.

On February 27, Nate Geraci—president of The ETF Store—said ETF investors have overall shown "diamond hands" amid Bitcoin’s recent downturn. Since Bitcoin hit an all-time high in early October, roughly $6.5 billion has flowed out of physically-backed Bitcoin ETFs. But compared to the ~$55 billion that poured into this category since January 2024, those outflows are a drop in the bucket. Over the past three days, there’s been another net inflow of more than $1 billion. For long-term Bitcoin investors, a 50% retracement is practically routine. Right now, though, even new ETF investors don’t seem to be panicking. This isn’t Bitcoin’s first 50% drop—and it won’t be the last. Clearly, ETF investors aren’t panic-selling; instead, they’re buying the dip.

On February 27, blockchain capital markets firm Figure released its Q4 and full-year 2025 financial results. **Q4 2025 Highlights:** - Consumer lending transaction volume hit $2.7 billion (131% YoY growth). - Net revenue rose 91% year-over-year. - Adjusted net revenue totaled $158 million (106% jump from Q4 2024). - Net income increased 156% YoY to $15 million. **Full-Year 2025 Highlights:** - Net income surged 574% YoY to $134 million. - Net revenue climbed 49% to $507 million. - Annual consumer lending transaction volume reached $8.4 billion (63% YoY growth). Additionally, Figure’s board has approved a share repurchase program, authorizing the company to buy back up to $200 million of its Class A common stock and blockchain common stock over the next 12 months.