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

On-chain analyst Specter reported on February 21 that IoTeX may have suffered a private key leak, with its token treasury fully drained by an attacker—resulting in an estimated $4.3 million loss. Chain data shows the attacker moved multiple contract assets including USDC, USDT, IOTX, PAYG, WBTC, and BUSD. Stolen assets were later swapped for ETH, with roughly 45 ETH already bridged cross-chain to the Bitcoin network. Additionally, 111 million CIOTEX tokens were minted at the address starting with 0xA46.

As of February 21, Coinglass data shows total short liquidation intensity across major centralized exchanges (CEXs) will hit $864 million if Bitcoin surges above $69,000. Conversely, a Bitcoin drop below $67,000 would trigger $419 million in total long liquidation intensity on those platforms. BlockBeats Note: Liquidation charts do not display the exact number of pending liquidation contracts or their precise value. Instead, the bars represent the relative importance of each liquidation cluster compared to adjacent clusters—i.e., "intensity." In short, these charts show how strongly the underlying asset’s price will react when it hits a specific level. A taller "liquidation bar" means the price will face a more intense reaction from a liquidity cascade once it reaches that threshold.

On February 21st, the DFINITY Foundation published an article detailing shifts to the Internet Computer’s economic model. The old framework rewarded node providers **solely for operating a node**, while the new model directs 80% of Cloud Engine revenue to nodes contributing computing power to support the service—and earmarks the remaining 20% for ICP token burns. Separately, the Node Provider Association has begun preparing to promote Cloud Engine services to enterprises across Europe.

February 21st, VanEck released its Mid-February 2026 Bitcoin On-Chain Report. Key findings include: - **BTC Declines, Sentiment Weakens**: Bitcoin has dropped 29% over the past 30 days, pushing the Net Unrealized Profit/Loss (NUPL) indicator closer to the "Fear" zone (it briefly entered "Greed" earlier). Leverage has reset, with open interest falling to levels last seen in September 2024. - **Mid-Term Holders Dominate, Selling Pressure Eases**: Realized selling remains concentrated among the 1-5 year holder cohort, though the distribution pace of holders with 1+ years of tenure has slowed notably over the past month. - **Miner Margins Pressured, Hash Rate Contracts**: The network’s hash rate has declined ~14% in the past 90 days, reflecting a tightening mining economy. Historically, similar scenarios have often signaled stronger subsequent Bitcoin returns.

As of February 21st, GMGN monitoring shows Solana-based meme coin Lobstar’s market cap climbed today, hitting a peak of over $15 million before retreating to roughly $10.6 million. That’s a 579% 24-hour surge, with 24-hour trading volume reaching $28.4 million. BlockBeats notes that meme coin trading carries extreme volatility, driven largely by market sentiment and hype—with no underlying real value or use case. Investors are advised to exercise caution.

Kitco News’ latest weekly gold survey, published February 21, shows bullish sentiment among Wall Street analysts has reclaimed dominance, while retail investors have maintained a modestly bullish stance for a third straight week. Rich Checkan, president and COO of Asset Strategies International, noted there’s been no fundamental shift in gold’s market drivers to justify the prior pullback—calling it clearly a short-term correction. “This is healthy,” he said, adding the uptrend should resume soon. Darin Newsom, senior market analyst at Barchart.com, pointed out the Supreme Court’s rejection of Trump’s tariff policy could leave him in a foul mood this weekend, raising the odds of military action. Adrian Day, president of Adrian Day Asset Management, said gold appears to have hit its low following January’s selloff and is clearly rebounding. “No one wants to sell ahead of the weekend due to fears the U.S. may act against Iran,” he explained. If tensions don’t escalate, gold coul