Michael Saylor Reiterates Bitcoin Hodl Announcement

On February 15, Dragonfly partner Haseeb posted that most crypto founders believe they need to launch a token during a bull market—but they’re wrong. Timing isn’t critical. Analyzing Binance token listing data, Haseeb found the annualized ROI of tokens launched in bull vs. bear markets shows no significant difference; any perceived gap is just noise. He recommends projects launch tokens in bear markets, citing advantages like less talent competition, lower service provider costs, and reduced CEX listing competition. While bull market token sales may see higher demand, these factors don’t have a meaningful overall impact. The key is to launch the product as soon as possible and build something truly valuable. “I often tell entrepreneurs: Solana launched 4 days after Bitcoin dropped $4k amid the 2020 COVID crash. Timing isn’t that important—what matters is launching.”

Feb 15: A crypto whale faced margin call liquidation again as Ethereum briefly dipped below the $2,000 mark, per HyperInsight data. Within 30 minutes, the whale rushed to cut leverage—625 ETH worth of long positions were liquidated, pushing its liquidation price down to $1,985.85.

February 15th: A self-proclaimed ex-Listing Manager at Binance (identified as Chase) stated in an interview that "short-term prices are driven by liquidity, attention, and tokenomics." In response, He Yi noted: "Indeed, short-term prices are heavily influenced by liquidity, traffic, and token structure. But whether hype can outlast market cycles depends on factors like revenue generation, utility empowerment, and the impact of token issuance/burn. For example, BTC, ETH, and BNB have all broken free from the constraints of those three initial factors. The crypto industry has leaned on storytelling for years—but that narrative is dead; utility is now the key."

February 15th — Per market data from GMGN (via the link: https://gmgn.ai/sol/token/i_m4TE56o8_Dfh5DzRgSvvCFDoYc2ciTkMrbDfRKybA4SoFbPmApump), Solana ecosystem meme coin PIPPIN has hit a new all-time high. As of press time, its market capitalization stands at $7.47 billion, with a 24-hour price surge of 14.45% and 24-hour trading volume topping $26.6 million. BlockBeats notes that meme coins are highly volatile assets, fueled primarily by market sentiment and conceptual hype—they lack underlying value or real-world use cases. Investors are advised to exercise caution amid these inherent risks.

As of February 15th, LookOnChain monitoring shows a whale that purchased 60,784 ETH on the 11th has withdrawn 7,301 ETH (valued at $15.14 million) from OKX over the past 8 hours.

February 15: NYDIG Research Director Greg Cipolaro has flagged a sentiment divergence between U.S. institutional investors and offshore traders in the Bitcoin market. Currently, the annualized basis of CME Bitcoin futures outpaces that of offshore exchange Deribit—signaling U.S. hedge funds and other institutions still opt to pay a premium to hold long positions, while leveraged long interest in the offshore market has dropped sharply. On prior market rumors that a "quantum computing threat" pushed Bitcoin to $60,000, NYDIG says data debunks this logic: - Bitcoin’s recent trend has correlated **positively** with quantum computing-linked stocks (IONQ, D-Wave), not inversely. If quantum computing posed a targeted threat, those stocks should rise when Bitcoin falls—but their synchronized decline reflects a broad pullback in risk appetite for long-term growth assets. - Google Trends data shows related search volume spikes usually coincide with Bitcoin price gains, not drops—sugge