A whale has staked 60,073 ETH, valued at $117 million

February 11th — DWF Labs said in a post that the market is currently in the final phase of a bear market, marked by heightened volatility. Bitcoin has dropped to around $67,000, with liquidity drying up and leveraged positions seeing significant liquidations. Institutional investors have also failed to cushion the downturn: Bitcoin spot ETFs recorded outflows totaling $2.9 billion over just 12 trading days earlier this year. The unexpected dip in Bitcoin below $70,000 has grabbed the attention of some institutional investors. DEF expects Bitcoin to continue fluctuating within a roughly 15% range around current levels.

On February 11th, DefiLlama data shows **trading volumes on major perpetual DEX platforms dipped slightly**, while open interest held relatively stable. Hyperliquid still leads in trading volume, followed by EdgeX—Aster’s volume saw a notable drop. Here’s the latest breakdown of key perp DEX metrics: - **Hyperliquid** (link: https://app.hyperliquid.xyz/join/NTOD): 24hr trading volume ~$60.6B, TVL ~$42.2B, open interest ~$49.7B - **EdgeX**: 24hr trading volume ~$30.2B, TVL ~$18.1B, open interest ~$10.5B - **Aster** (link: https://www.asterdex.com/en/referral/aboter): 24hr trading volume ~$30.1B, TVL ~$10.9B, open interest ~$18.4B - **Lighter** (link: https://app.lighter.xyz/?referral=70045843): 24hr trading volume ~$18.4B, TVL ~$9.15B, open interest ~$7.07B - **Grvt**: 24hr trading volume ~$16.3B, TVL ~$89.94M, open interest ~$3.96B - **Pacifica** (link: https://app.pacifica.fi/?referral=pacbot): 24hr trading volume ~$9.36B, TVL ~$39.03M, open interest ~$47.68M ### N

On February 11, Goldman Sachs disclosed holding 237,874 shares of MicroStrategy (MSTR)—the Bitcoin treasury firm. Its total stake in MSTR now stands at 2.33 million shares, valued at $301 million.

February 11 — The first Binance Alpha blind box airdrop is now live, using the new Alpha Box format. The airdrop pool includes tokens from three projects: Openverse Network (BTG), ULTILAND (ARTX), and Naoris Protocol (NAORIS). Users holding at least 242 Alpha Points can claim the airdrop via the Alpha Events page. After claiming, they’ll receive one of three rewards: 7.5 BTG, 157 ARTX, or 1,640 NAORIS. If rewards aren’t fully distributed, the points threshold will automatically drop by 5 points every 5 minutes. Note: Claiming the airdrop consumes 15 Alpha Points. Users must confirm their claim on the Alpha Events page within 24 hours—otherwise, the claim will be forfeited.

On February 11th, data from the Coinbob Popular Address Monitor (via https://t.me/Coinbob_track_CN) reveals that the "ETH Bear Whale" address (0x20c) has recently shifted from continuously rolling over short positions to gradually closing out positions to lock in profits. Over the past week, the address has realized approximately $12.7 million in profits, with a current monthly return on investment (ROI) of 1,277%. Its total historical profits since opening the position exceed $80 million, and the maximum drawdown during trading has consistently stayed within 20%. The address still holds a 25x leveraged ETH short position: its position size has dropped from a peak of $84 million to $16.3 million, with an average entry price of $2,941, a liquidation price of $2,592, and roughly $8.4 million in current unrealized profits. Beyond gains from price swings, the whale has also accumulated approximately $6.9 million in profits via funding rates. As one of the most active on-chain ETH

Per Onchain Lens monitoring, an FTX/Alameda-linked address unbonded 196,611 SOL on Feb. 11, valued at roughly $15.97 million. FTX/Alameda typically transfers out SOL around the 10th of each month, with proceeds typically used to compensate FTX creditors.