If Bitcoin drops below $66,000, the mainstream CEX long liquidation volume will reach $834 million.

February 17 — AI startup The Dark Side of the Moon, developer of the Kimi chatbot, is targeting a $10 billion valuation in a funding round extension backed by Alibaba Group Holding Ltd. (09988.HK) and Tencent Holdings Ltd. (00700.HK), as it seeks to capitalize on strong investor appetite for Chinese AI model startups, per reports. Sources familiar with the matter said the company launched additional fundraising talks in late January to meet investor demand. Just a month prior, it raised $500 million at a $4.3 billion valuation. Existing backers including Alibaba, Tencent and FountainVest Partners have committed to investing over $700 million in the first tranche of the latest round, the sources added. (Source: Jinse)

OnchainLens monitoring data indicates that as of February 17, whale address "0x15a4" has fully closed its ETH and BTC short positions, booking a total profit of $1.575 million. However, the whale only offset prior losses from its long/short trades, leaving a net profit of just $85,272.

Per OnchainLens monitoring as of February 17th: Wallet address "77DsB" received 3.75 billion PUMP tokens (valued at roughly $25.39 million) from Pump.fun’s Token Custodian wallet seven months ago. Six hours ago, the same address sold 543.23 million PUMP tokens, receiving 1.207 million USDC in return. Currently, the wallet still holds 3.2 billion PUMP tokens, worth approximately $7.07 million at current market prices.

**Feb 17 Precious Metals Slide Amid Geopolitical Negotiation Hopes** Precious metals extended losses during Chinese New Year holiday market closures. Spot gold briefly hit $4,860/oz, down ~2.6% intraday—following a 1% drop in the prior session. Spot silver plunged over 4% intraday, falling below $73/oz. Market sentiment was shaped by geopolitical negotiation expectations. U.S. President Trump said he would participate “indirectly” in U.S.-Iran nuclear talks in Geneva, adding Iran is open to a deal. Meanwhile, the third round of Russia-U.S.-Ukraine talks may focus on territorial issues. Analysts note easing diplomacy could shift funds to risk assets, pressuring safe-haven demand. DHF Capital CEO Bas Kooijman said cautious optimism from the talks weakened safe-haven buying. City Index analyst Fawad Razaqzada noted gold’s short-term downside risk rises if it stays below $5,000/oz, potentially dimming bullish sentiment. KCM’s Tim Waterer added gold lacks near-term catalysts amid g

On February 17, lending protocol ZeroLend announced it will wind down operations gradually. After three years of operation, the team cited **diminishing liquidity from early supporter chains**, the **termination of oracle service support**, the protocol’s **limited profit margins**, and **elevated risks** as reasons its current model is unsustainable. As the protocol scaled, it drew more hacker and fraud attention—combined with long-term operational losses—prompting the decision to shut down in an orderly fashion. The top priority now is ensuring **safe user asset withdrawals**: most markets already have 0% LTV (loan-to-value) set. The team strongly urges users to withdraw remaining funds from the platform as soon as possible. For assets like Manta, Zircuit, and XLayer (where on-chain liquidity has deteriorated sharply), some funds are in low-liquidity or inactive environments. The team says it will advance **affected asset reallocation** via timelock upgrades and smart contra

On February 17, per HTX market data, Bitcoin briefly dipped below $68,000 and is currently trading at $68,187, marking a 0.28% 24-hour decline.