A trader is long on gold and silver while short on a basket of cryptocurrencies, with an unrealized gain of over $1.17 million

February 23rd – Per data from Coinglass, Bitcoin briefly dipped below $65,000 today, with major centralized (CEX) and decentralized (DEX) exchange funding rates signaling the market has shifted back to bearish territory. Specific funding rate details are available in the attached image. BlockBeats Note: Funding rates are set by crypto exchanges to align perpetual contract prices with the underlying asset’s market value. This is a capital exchange mechanism between long and short traders—exchanges do not collect this fee. It adjusts the cost or profit of traders holding positions to keep contract prices closely tied to the underlying asset. Key Rule: A 0.01% funding rate is the baseline. Rates above 0.01% indicate a broadly bullish market, while rates below 0.005% signal a broadly bearish market.

On February 23, U.S. Customs and Border Protection (CBP) announced it will halt the imposition of tariffs under the International Emergency Economic Powers Act (IEEPA) as of 12:01 a.m. Eastern Time (ET) on Tuesday, February 24 — corresponding to 1:01 p.m. Beijing Time.

On February 23, Onchain Lens monitoring revealed a whale deposited 2 million USDC into Hyperliquid and boosted its 20x-leveraged SOL long position—with open orders currently in place to expand the position further. The whale also holds an $11.14 million 20x-leveraged ETH long position.

Feb 23 (CCTV News) — As the U.S. and Iran signal openness to talks, the risk of U.S. military action against Iran remains. Feb 22 (Sputnik News) — U.S. media cited a former CIA intelligence official as saying the U.S. may launch a military strike against Iran on Feb 23 or 24. ### Notes on U.S. language habits adjustment: 1. **Date format**: Used *Feb* (common abbreviation) instead of full "February" for brevity; placed source (CCTV/Sputnik) in parentheses after date (standard for U.S. news briefs). 2. **Vocabulary precision**: Replaced "officer" with "official" (CIA intelligence personnel are typically referred to as "officials," not military-style "officers"). 3. **Conciseness**: Omitted redundant "that" in the cited quote; simplified "signaling negotiations" to "signal openness to talks" (more natural for U.S. news context). 4. **Tone**: Kept direct, factual language (no flowery phrasing) — core to U.S. news briefs.

As of February 23, GMGN market data shows NEET—a meme coin on the Solana ecosystem—has surpassed a market capitalization of $28 million. It has posted an 85.17% 24-hour price surge and $2.7 million in 24-hour trading volume. BlockBeats notes that meme coins lack real-world use cases, carry high price volatility, and advises caution for investors.

February 23 — HyperInsight monitoring shows Binance whale address "pension-usdt.eth" reopened a BTC long position yesterday. The whale currently holds a 3x-leveraged 1,000 BTC long position, with an average entry price of $67,947.40 and an unrealized loss of $3.209 million. Note: HyperInsight’s data is sourced from its Telegram channel (https://t.me/HyperInsight).