Bitwise CEO Reveals Its Clients Bought $11 Million Bitcoin During Market Dip

Feb 12 — Polymarket staffer Mustafa said the "1-Minute Price Change" prediction event is slated for the next phase and will involve the POLY token. As previously reported, Polymarket launched its "5-Minute Crypto Price Change" prediction event, which settles every 5 minutes and currently only supports BTC.

On February 12, Polymarket launched its "5-Minute Crypto Price Movement" prediction event. The event settles every 5 minutes and currently only supports BTC.

**February 12th Update** Per LookOnChain data, trader loracle.hl netted a $638,000 profit in under an hour by shorting BERA. Once BERA broke above $1, the trader initiated short positions and continuously added to them until the token hit $1.33. He closed all positions once BERA fell back below $1, locking in the $638,000 gain—all within 60 minutes. loracle.hl also holds the largest HYPE long position, with 1.53 million HYPE longs valued at $46.45 million.

On February 12, Matthew Sigel, VanEck’s Director of Digital Asset Research, revealed on social media that Coinbase CEO Brian Armstrong sold another 40,000 shares of COIN on January 5, 2026, netting approximately $101.6 million based on the stock’s price at the time. Coinbase’s stock has fallen from a peak of $444.64 to its current level of $153.2. Prior reports show Armstrong sold roughly $437 million worth of COIN in Q4 2024, followed by about $196 million in Q2 2025 and $268 million in Q3 2025. In total, he has executed 88 sell orders with zero buy orders—all transactions were reductions in his holdings, with no purchases on record.

Feb. 12 — Onchain Lens data shows Arthur Hayes purchased an additional 20,274 HYPE tokens ($603k) 5 hours ago. He now holds 189,195 HYPE tokens valued at $5.79M.

On February 12, per GMGN Monitoring (link: https://gmgn.ai/base/token/i_m4TE56o8_0xa1f72459dfa10bad200ac160ecd78c6b77a747be), Base ecosystem meme coin **CLAWNCH** has continued climbing recently—surging ~38% in short-term moves this morning to hit a peak market cap of $18.5 million. It currently trades at ~$0.00017, with a current market cap of $17.2 million and 24-hour trading volume of $2.2 million. BlockBeats reminds users that meme coin trading is highly volatile, driven largely by market sentiment and hype rather than actual value or use cases. Investors should be aware of the risks. ### Notes on U.S. English adaptation: 1. **Conciseness**: Used "per" (common in quick updates) instead of "according to"; cut redundant phrasing. 2. **Clarity**: Explicitly labeled "$18.5 million" as "market cap" (avoids ambiguity—price is $0.00017, so the figure must refer to market cap). 3. **Flow**: Used an em dash to connect the surge to its impact (natural for U.S. news/updates).