A whale has once again increased its position, accumulating a long position of 120,000 ETH, and is currently facing an unrealized loss of $20.59 million.

On February 24th, LookOnChain monitoring data shows that whale wallet 0xcd6b deposited 7.35 million USDC into Hyperliquid to take long positions on NVDA and SNDK stocks. Currently, their holdings include a long position of 61,951 xyz:NVDA shares (valued at $11.94 million) and a long position of 2,920 xyz:SNDK shares (valued at $2 million). Additionally, there’s an open limit buy order for 40,778 xyz:NVDA shares (worth $4.53 million) awaiting execution.

Per official sources, on February 24, users holding at least 256 Binance Alpha Points are eligible to claim the Binance Alpha Round 2 SUPERFORTUNE (GUA) airdrop. 200 GUA tokens can be claimed via the Alpha event page. If rewards aren’t fully distributed, the points threshold will drop by 5 points automatically every 5 minutes. Claiming the airdrop requires 15 Binance Alpha Points. Users must confirm their claim on the Alpha event page within 24 hours; otherwise, the airdrop will be considered waived.

Wintermute posted a market update on social media on February 24, noting that BTC has tried (and failed) to push above $70k several times since the cascading liquidation two weeks ago. The lack of a solid rebound attempt matters more than the sideways trading itself. Price action’s choppy, liquidity’s thin, the range is tightening, and there’s no clear directional conviction. ETH dropped below $1900 this week—a level that’s more psychologically meaningful than technically critical, with the real line in the sand for ETH around $1600. Even though prices have stabilized, institutional demand hasn’t come back— a stark contrast to the $85k-$95k range we saw earlier. The derivatives market shows little directional bias or trading interest: basis is at multi-month lows, put option skew is elevated and climbing, and open interest has been falling steadily since October. On the exchange side, fund flows lean heavily toward selling. That said, a curious signal popped up midweek: high-n

**Empery Digital Inc. Shareholder Urges CEO Resignation, Board Replacement, Bitcoin Sale** On February 24, Tice P. Brown—Empery Digital Inc.’s 9% shareholder—sent a letter to the company’s board urging CEO Ryan Lane to resign immediately, the entire board to be replaced, and all Bitcoin holdings to be sold without delay. Brown stated that Empery Digital management privately approached him with an offer to repurchase all his shares at 100% of net asset value (NAV)—a significant premium to the current market valuation—on the condition he sign a standstill agreement. The offer was presented via a call with a buyback broker on February 18 and confirmed in writing on February 23; Brown rejected it. “This proposal is especially offensive at a time when a small number of shareholders clearly need to redeem their funds urgently,” Brown said. “For months, shareholders have been selling their shares back to the company’s buyback program at a steep discount to immediate liquidation value

February 24 — The Ethereum Foundation today announced it has officially begun staking a portion of its treasury holdings to implement the treasury policy it unveiled last year. On-chain data shows the Foundation completed a 2,016 ETH deposit today, with an expected total of roughly 70,000 ETH to be staked. Staking rewards will flow back to the Foundation’s treasury. The staking uses open-source software solutions Dirk and Vouch, developed by Attestant: Dirk acts as a distributed signing tool supporting collaboration among independent entities across multiple jurisdictions, eliminating single points of failure risk; Vouch enables multi-client composition strategies to reduce client diversity risk. The Foundation noted its deployment architecture includes minority client nodes and a hybrid of hosted infrastructure plus multi-region self-managed hardware. It added the move will not only strengthen the Ethereum network’s security but also provide sustainable funding for the Foundatio

Update (February 24, 2026) — Official sources confirm Binance will list four spot trading pairs on February 25, 2026, at 16:00 UTC: ADA/U, DOGE/U, PEPE/U, and TAO/USD1. Trading bot services will also be available for these pairs. Additionally, ADA/U, DOGE/U, and PEPE/U spot and margin trading pairs will have 0 Maker fees starting at 16:00 UTC on February 25, 2026, until further notice.