10 #Bitcoin ETFs outflows 2,152 $BTC(-$201.21M) and 9 #Ethereum ETFs outflows 45,684 $ETH(-$148.11M) yesterday.

On February 25th, per Lookonchain data, a crypto whale address (0x2bd7) swapped 205 Bitcoin (worth ~$13.45 million) for 6,973 Ethereum at a rate of 0.02944 ETH per BTC over the past 5 hours.

February 25th — Per Coinbob Popular Address Monitoring (link: https://t.me/Coinbob_track_CN), Nvidia’s earnings report is set to release tomorrow morning, with markets closely watching how the results could sway sentiment and pricing across the global AI supply chain. On the Hyperliquid platform, a tug-of-war between bulls and bears over NVDA (Nvidia derivative contracts) has already taken shape. Several top on-chain traders and institutions with multi-million-dollar positions are quietly awaiting the catalyst. - 0xRay (X: @0xRay518) holds the largest on-chain NVDA long position: $16.44 million at an average entry price of $190. - CBB (X: @Cbb0fe) holds the largest on-chain NVDA short position: $10.5 million at an average entry price of $187. - Continue Capital (X: @Continue_VC) has a $9.96 million long position, also with an average entry price of $190. Positioning extends beyond Nvidia alone. Addresses linked to 0xRay, CBB, and Continue Capital have also placed same-dire

On February 25, Holdstation—DeFAI’s smart wallet project—was hacked. The team issued an incident update confirming a total loss of 462,000 USDT. The project team stated they are taking the breach seriously, actively investigating its root cause, and strengthening all security measures. A compensation plan is also in development, with specific details to be announced to the community at a later date.

On February 25, Tether (USDT)—the world’s largest stablecoin—saw its market cap drop 0.8% this month to $183.61 billion, extending January’s trend when it slipped ~1% from its all-time high of $186.84 billion. This marks the first consecutive monthly contraction since the 2022 TerraForm Labs collapse, a signal of tightening market liquidity. Analysts note stablecoins act as the crypto market’s “liquidity fuel”; supply contractions typically indicate net fund outflows. Against this backdrop, demand for U.S. spot Bitcoin ETFs remains muted, prompting market participants to take a cautious view on any rebound’s sustainability. On the price front, Bitcoin has struggled to build sustained momentum since bottoming near $60k on February 6. While it briefly popped above $70k, it’s now trading in the $65k range. Meanwhile, fellow major stablecoin USD Coin (USDC) has seen its market cap climb from a January low of $70 billion to ~$75 billion, but full-year growth has stalled. This signa

On February 25, Coinglass data shows that if Bitcoin drops below $63,000, the total liquidation strength of long positions across major centralized exchanges (CEXs) will hit $1.054 billion. Conversely, if Bitcoin breaks above $67,000, the total liquidation strength of short positions on major CEXs will reach $686 million. BlockBeats Note: Liquidation charts do not display the exact number or value of contracts scheduled for liquidation. The bars on these charts represent the relative importance of each liquidation cluster compared to adjacent clusters — in other words, their "strength." Thus, the chart indicates the degree to which an asset’s price will be affected when it reaches a certain level. A higher "liquidation bar" signals that once the price hits that level, it will trigger a more intense reaction due to a liquidity cascade.

Hong Kong to Launch New Digital Asset Platform in 2026, Integrate Tokenized Bonds into Core Financial Infrastructure Hong Kong will establish a new digital asset platform this year (2026) to support the issuance and settlement of tokenized bonds, with plans to expand to other digital asset categories over time, according to Financial Secretary Paul Chan’s 2026–27 Budget speech delivered on February 25. The platform will be developed by CMU OmniClear Holdings, a subsidiary of the Hong Kong Monetary Authority (HKMA), and will connect with other tokenization platforms in the region—strengthening Hong Kong’s status as a digital asset hub. Hong Kong has already completed multiple government tokenized bond issuances. Secretary for Financial Services and the Treasury Christopher Hui noted that the third batch of tokenized government bonds, totaling 10 billion Hong Kong dollars (roughly $1.28 billion USD), was issued in Q4 2025, with regular issuances to continue going forward. This i