A certain whale withdrew 6000 ETH from Kraken after 6 months of silence

February 26 — Binance has officially launched five new verified WhatsApp channels, per an official announcement. The channels cover Mandarin Chinese, Africa, Arabic, Argentina, and Brazil, and support only one-way communication. They are Binance’s sole official channels for engaging with users on WhatsApp across Africa, the Middle East and North Africa (MENA), Latin America, and non-mainland Chinese-speaking communities.

February 26: Hut 8 released its full-year 2025 financial results, reporting a net loss of $248 million—compared to a net profit of $331.4 million in the same period of 2024. The company cited unrealized digital asset losses of approximately $220 million as the primary driver of its performance pressure. Revenue for the period rose to $2.351 billion, up from $1.624 billion in 2024. Hut 8 also highlighted its transition from a Bitcoin mining firm to a power and AI infrastructure developer. In 2025, it inked a 15-year AI leasing agreement with Google-backed financing, with a base contract value of roughly $7 billion. The company expects its development pipeline to reach 8.5 gigawatts by the end of 2025. (Source: The Block)

February 26 – Per The Kobeissi Letter, the Nasdaq 100’s put/call ratio has climbed to 1.2, marking its highest level since the 2022 bear market trough. The reading surpasses the April 2025 peak and all other metrics in the past 12 years (excluding 2022, when it hit 2.3), signaling investors are hedging against tech stocks. Additionally, the S&P 500’s total put/call ratio has risen to 0.9, its highest since April 2025. This aligns with levels seen during 3-5% market pullbacks since early 2024. Separately, dollar-denominated put option trading volume relative to calls is the second-largest increase in nearly two years, trailing only levels observed ahead of April 2025.

On February 26th, ZeroHedge—citing data from the Bloomberg Terminal—reported that Jane Street set a Q4 record by increasing its holdings in the iShares Silver Trust ETF (SLV) by 20.6 million shares, becoming the ETF’s largest holder. ZeroHedge is warning investors to watch for potential financial engineering and market manipulation behind the recent silver surge.

February 26th — Forbes reports a top editor on Mr. Beast’s team has been banned from Kalshi for two years and fined approximately $20,000. The penalty stems from a $4,000 predictive trade using insider information between August and September 2025. CFTC Chairman Mike Selig noted the agency has formed a Prediction Market Advisory Committee to collaborate with industry participants on combating insider trading, warning wrongdoers they face legal consequences. Separately, a former California gubernatorial candidate has been barred from Kalshi for insider trading violations. The candidate bet roughly $200 on his own election odds during last year’s campaign and posted related content on X. Kalshi imposed a five-year ban and $2,000 fine; the individual is identified as Kyle Langford, who is currently running for Congress.

Update: As of February 26, per Onchain Lens monitoring, Vitalik’s planned sale of 16,384 ETH is 94% complete. Since February 2, he has sold 15,479 ETH totaling $30.94 million, with an average price of $1,999. Only 905 ETH remain, and the sale could wrap up within the next 3-4 hours.