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A certain newly created address invested $180,000 to purchase PIPPIN four months ago, and now the unrealized gains exceed $6,500,000.

2 hours ago

February 25th — LookOnChain monitoring reveals a newly created wallet (BxNU5a) spent ~$180,000 four months ago to acquire 8.16 million Pippin tokens. The tokens are now valued at roughly $6.7 million, leaving the address with over $6.5 million in unrealized gains.
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Trader 0xRay has increased their long position on Nvidia to $16.4 million, now holding the largest on-chain NVDA long position

On February 25th, per Coinbob’s popular address monitoring (via https://t.me/Coinbob_track_CN), renowned crypto trader Ray (X: @0xRay518) has boosted leverage to 6x on his NVIDIA (NVDA) perpetual contract long position over the past 24 hours. The additional capital allocated totaled roughly $2.019 million, with an average entry price of $192.83—expanding his total position size to $16.4 million and nudging his average entry price slightly higher to $190.1. His position’s current unrealized profit stands at ~$290,000 (an 8.68% gain), with a liquidation price of $162.56. First opened on February 18th, this position is now the largest NVDA long position on the Hyperliquid platform. The address has also closed all its Micron (MU) long positions, currently holding only a single NVDA position. Previous trading records show Ray opened an NVDA long position in November 2023 at an average price of $177, gradually adding to the

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Spot Gold Hits $5200/Ounce, Silver Surges 4% Intraday

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Coinbase CEO Calls on UK Users to Sign Petition for Stablecoin Regulation, Urges Government to Appoint Blockchain Transaction Commissioner

On Feb 25, Coinbase CEO Brian Armstrong stated that the UK’s ongoing stablecoin regulation finalization could undermine the country’s competitiveness in the global digital economy. For example, the Bank of England has proposed capping the amount of stablecoins individuals and businesses can hold. The UK has long been a global financial hub—embracing and fostering innovation, particularly as other nations advance rapidly, is critical to maintaining that position. However, the current regulatory direction runs counter to this, and it will stifle innovation. Armstrong is calling on UK users to sign a petition from StandwithCrypto. The petition advocates for stable, tokenized regulatory frameworks that drive innovation, including: supporting interest-bearing stablecoins, preserving their role as wholesale settlement assets, exploring government blockchain use cases, appointing a dedicated blockchain and cryptocurrency affairs chief, and more.

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Bitcoin Dips Below $65K, Bounce Back Stalls Again

February 25 — Per HTX market data, while Asia-Pacific stocks surged in early trading, Bitcoin initially rebounded 2.64% within an hour. The rebound was short-lived, though, as the cryptocurrency continued to decline in subsequent hours. As of press time, Bitcoin has fallen below $65,000, currently trading at $64,872.89, with a nearly 0.82% drop over the past hour.

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Spot Gold Intraday Gain Expands to 1.00%

**Feb. 25 — Bitget market data shows spot gold’s intraday gain has widened to 1.00%, with the metal currently trading at $5,195.26 per ounce.**

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