Bitcoin Withdrawal Trend Continues, with a 24-hour Net Outflow of 1,838.56 BTC from CEX

**February 13 – South Korean banks with real-name account ties to crypto exchanges like Bithumb are taking a cautious approach to contract renewals amid a recent botched Bithumb payout, per the *Chosun Ilbo*. The move aims to avoid potential reputational harm.** - **KB Kookmin Bank**, whose contract with Bithumb expires next month, is asking Bithumb to beef up internal audits. - **K Bank** (partnered with Upbit, contract expires in October) and **Kakao Bank** (partnered with Coinone, renewal up in Q3) are closely monitoring the situation and conducting full reviews ahead of renewals. **The incident: On February 6, Bithumb planned to distribute 620,000 South Korean won in rewards to event winners but accidentally sent 620,000 bitcoins (valued at roughly 62 trillion won) due to a unit input error.** Bithumb canceled 618,100 bitcoins in transaction records before the transactions were recorded on the blockchain, but 1,788 bitcoins still ended up being sent successfully.

On February 13, Cathie Wood—founder of Ark Investment Management, often nicknamed “WoodSis”—said during Bitcoin Investor Week 2026 that U.S. inflation has fallen to 0.8% and is poised to turn negative soon. “When I saw Pepsi cut prices of potato chips and Doritos by 15%, I knew the wind had shifted,” she added. Latest data shows year-over-year second-hand home price growth has dropped to 0.9%, new home prices are already declining, and gasoline costs are also falling. This “benign deflation” is innovation-driven, Wood noted. The AI boom is exerting strong deflationary pressure: AI training costs are falling 75% annually, while inference costs are plummeting at an 85% annual rate. She also pointed out the market is now on the “other side” of a bubble. Robotics, AI, blockchain, energy storage, and multiomics are in a “golden age,” and she expects the next few years to usher in a period of prosperity for U.S. investments.

February 13 — Per The Data Nerd’s monitoring, a trader has continued to add to their LIT short position over the past hour. The address’s LIT short is currently up ~$3.17 million, with a 360% return on investment (ROI). Its total unrealized profit sits at roughly $9.39 million.

**Shanghai Court Rejects Virtual Currency Investor’s Lawsuit, Orders Self-Bearing of Losses** A Shanghai court has ruled that a woman who lost over 1 million yuan (≈$146,000) to virtual currency (VC) trading will bear all her losses, rejecting her bid to recover funds via an unjust enrichment lawsuit. In November 2019, Ms. Wu was lured by a live-stream financial anchor to download an unregulated VC trading app. She invested a total of 1.05 million yuan, including an 80,000-yuan (≈$11,200) transaction with a man surnamed He. Later, she was locked out of the app and unable to withdraw her VC assets. In 2024, Ms. Wu reported the case to local police and filed a civil lawsuit against Mr. He, seeking the return of the 80,000 yuan. Mr. He countered that he was a member of a digital exchange, sold the VC USDT via open orders, never registered on Ms. Wu’s app, and the transaction was fully completed with no unjust gain. The Jing’an District People’s Court cited China’s Civil Code,

Feb 13 — Bitget market data shows spot silver surged 5% intraday, last trading at $79.04/oz.

Per Token Terminal data as of February 13, Ethereum’s weekly transaction count has hit a record 17.3 million—while the median transaction fee has dropped to an all-time low, signaling scalability upgrades are working.