Koreans are accumulating $PENGU.

February 16th — OnchainLens data shows whale address 0x15a4 has opened a 20x-leveraged BTC short position, and also added to its ETH short position (currently holding an unrealized gain of $1.47 million). Position breakdown: - 21,000 ETH (~$41.58 million) - 50 BTC (~$3.43 million)

February 16: Per Coinglass data, if Bitcoin drops below $67,000, cumulative long liquidation intensity across major centralized exchanges (CEXs) will hit $715 million. Conversely, should Bitcoin climb above $71,000, cumulative short liquidation intensity on those same major CEXs will reach $965 million. BlockBeats Note: Liquidation charts do not show the exact number or value of contracts set to be liquidated. Instead, the bars on these charts represent the relative importance of each liquidation cluster compared to adjacent clusters—i.e., their "intensity." In short, the chart indicates how strongly the underlying asset’s price will react when hitting a specific level: a taller "liquidation bar" signals a more intense price response due to a liquidity cascade once that level is breached.

February 16 — CoinShares’ latest weekly report shows global cryptocurrency exchange-traded products (ETPs) posted net outflows for the fourth straight week: $173 million last week, bringing the four-week total to $3.74 billion. Notably, U.S.-listed ETPs had $403 million in outflows in one week, while Europe and Canada combined saw net inflows of $230 million — a sharp regional split. Germany ($115M), Canada ($46.3M), and Switzerland ($36.8M) led inflows. By asset class: Bitcoin-linked products had $133M in outflows, Ethereum products $85.1M, and Bitcoin short ETPs $15.4M over the past two weeks. Some altcoins bucked the trend, though: XRP ($33.4M), Solana ($31M), and Chainlink ($1.1M) saw inflows. CoinShares Research Director James Butterfill noted that while sell pressure persists, it’s slowed sharply from the $1.7B outflow earlier this month — and market sentiment hasn’t reversed yet. ETP trading volume also dropped to $27B from the prior week’s record $63B, signaling a big

On February 16, OpenEden—an RWA tokenization platform—officially announced that the DNS for its official website and portal may have been compromised. It’s warning users not to interact with the domain to avoid wallet asset losses. OpenEden noted that all reserve assets remain safe (SAFU), and related data can be verified via Chainlink’s Reserve Proof page. However, the team again stressed not to access or engage with the compromised domain. The OpenEden team is investigating the incident and will release further updates as soon as possible.

OnchainLens data reveals that as of February 16th, a newly created wallet address withdrew 71.84 million SIREN tokens (valued at roughly $6.54 million at the time) from exchanges KuCoin, Bitget, and Gate.io 10 days prior. Currently, those SIREN tokens are worth approximately $15.52 million, resulting in an unrealized gain of around $8.98 million. The relevant wallet address is: 0xfe5bcc32063ced8384507d41c334ead5c70fbb56

On February 16, the Hong Kong Securities and Futures Commission (SFC) granted a virtual asset trading platform license to VDX, a subsidiary of Victory Fintech Company Limited. The license authorizes VDX to conduct two regulated activities: Type 1 (securities trading) and Type 7 (providing automated trading services). Separately, VDX’s sister subsidiary—VDX Custody Limited—has also been licensed under the Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) Ordinance to offer digital asset custody services. As of now, the number of licensed virtual asset trading platforms in Hong Kong stands at 12.