Jane Street Responds to Terra Trustee: Allegations are Baseless, Opportunistic
On February 25, a Jane Street spokesperson responded to allegations from the bankruptcy trustee of Terraform Labs, calling the lawsuit an attempt to extort money from the firm. Jane Street will vigorously defend its rights against "baseless, opportunistic allegations."
"This desperate lawsuit is clearly an attempt to extort money—especially since it’s been amply shown that losses suffered by Terra and Luna holders stemmed from a multi-billion-dollar fraud orchestrated by Terraform Labs management," the spokesperson said (per CoinDesk).
Previously, the court-appointed bankruptcy trustee for Terraform Labs had sued Jane Street in federal court in New York, alleging the firm engaged in front-running trades using non-public insider information from Terra insiders to profit during Terra’s collapse.
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Yesterday Bitcoin ETF Net Inflow was $257.7 million, Ethereum ETF Net Inflow $9.2 million
On February 25th, per Farside Investors monitoring data, U.S. Bitcoin spot ETFs posted a net inflow of $257.7 million yesterday, with IBIT at $78.9 million, FBTC at $82.8 million, and ARKB at $71.1 million.
U.S. Ethereum ETFs saw a net inflow of $9.2 million, while Grayscale’s ETH offering recorded $11.1 million in net inflows.
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A Certain PUMP Private Sale Whale Sells More Than Half of Their Holdings, Incurring a Total Loss of Approximately $10.3 Million
On February 25, per LookIntoBlock data, the PUMP private sale whale address “GpCfmw” cut losses after holding the token for 8 months.
The whale invested $19 million in the private round to acquire 4.75 billion PUMP tokens. Over the past 5 days, it has sold 2.66 billion PUMP (valued at $5.16 million) and currently holds 2.09 billion PUMP (worth $3.55 million).
Total losses from the position tally roughly $10.3 million.
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Stripe Annual Letter: Stablecoin Payment Volume Doubles, AI Merchant Assistant Moves into Real-world Trial and Build Phase
February 25, Stripe released its 2025 Annual Letter, highlighting key 2025 updates:
- Stablecoin payment volume doubled to ~$400 billion (60% B2B) despite Bitcoin’s sharp price drop;
- Transaction volume on Bridge (Stripe’s acquired stablecoin platform) surged over fourfold.
Stripe is accelerating stablecoin adoption via acquisitions and the Tempo launch, viewing it as a core driver of future currency flows.
Moreover, Stripe noted 2025 marked agentic commerce’s shift to real-world experimentation and development. Stripe and OpenAI co-developed the open-standard Agentic Commerce Protocol (ACP)—designed to create a shared technical language between AI platforms and merchants, supporting programmatic workflows and Instant Checkout. They also rolled out the Agentic Commerce Suite.
Stripe framed this infrastructure as having "intergenerational impact potential," emphasizing broad interoperability and open design are critical to its success.
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Hyperliquid's largest single liquidation event of a whale shorting $14.7 million has now reversed long to chase the price up
February 25 – Per data from Coinbob Popular Address Monitor (https://t.me/Coinbob_track_CN), a whale address (0x93) that opened a BTC short position at 6 PM ET last night was hit with two consecutive large liquidations at 9 AM ET this morning, triggered by a short-term surge in BTC prices.
Total liquidated volume reached 225 BTC, equivalent to roughly $14.7 million. Notably, one single liquidation was nearly $13 million—marking the largest single liquidation on Hyperliquid that day.
Subsequently, the whale reversed its position, opening a 40x leveraged long position with remaining funds. The position is valued at $11.48 million, with an average entry price of $65,500, as the whale shifted to chasing the ongoing price rally.
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Bitcoin ATH999 "Buy the Dip" refers to dropping below 0.3, approaching the February 6 low again
On February 25, Coinglass data shows Bitcoin’s Ahr999 indicator has dropped to 0.29—well below its "Buy-the-Dip Line" of 0.45. The indicator’s most recent prior low was 0.27, hit on February 6.
During the last bear market cycle, the index fell below 0.3 on two key dates: June 18, 2022 (amid the "ETH Market Liquidation") and November 22, 2022 (during the "FTX Flash Crash").
Created by ahr999, the Ahr999 indicator helps Bitcoin dollar-cost averaging (DCA) users make timing decisions. It reflects Bitcoin’s short-term DCA yield and how its price deviates from its expected valuation.
Throughout Bitcoin’s history, the Ahr999 indicator has spent 572 days below the 0.45 Buy-the-Dip Line.
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