A whale transferred 1000 ETH to Binance after a year of hibernation

February 11th — Per Coinglass data, Bitcoin’s downturn has stabilized, with the token reclaiming the $69,000 level. However, current funding rates across major centralized (CEX) and decentralized (DEX) exchanges indicate the market remains predominantly bearish (see attached chart). **BlockBeats Note**: Funding rates are fees set by crypto exchanges to align perpetual contract prices with the underlying asset’s spot price. They function as a transfer between long and short traders—exchanges do not collect this fee. The mechanism adjusts costs or profits for position holders to keep contract prices closely tied to the underlying asset. A 0.01% funding rate is the baseline. Rates above 0.01% signal generally bullish sentiment; rates below 0.005% indicate bearish sentiment.

On February 11th: Per Bitcoin Magazine, Harvard University’s holdings of Bitcoin ETFs have surpassed the market value of its shares in Alphabet, Google’s parent company.

**February 11 Update** Binance founder Changpeng Zhao (CZ) told the All-In podcast in an interview that AI could emerge as a key cryptocurrency user in the future. Millions of AI agents might run in the background to handle tasks like funding transactions—including paying for podcasts, booking restaurants, and reserving hotels. Traditional banking systems, he noted, can’t support the high-frequency, high-value transactions these agents may execute. AI agents could also manage investment and trading activities, he added. As for a viable payment system for these agents, CZ said the space is still in its early stages, and he declined to speculate on specific crypto projects. Separately, Bitcoin and most cryptocurrencies lack privacy features, as blockchain transactions are traceable. While the crypto industry needs to prioritize enhancing privacy, privacy-focused coins currently have smaller market capitalizations overall.

On February 11, Coinbase announced in an official statement that it will launch spot trading for RaveDAO (RAVE), DeepBook (DEEP), and Walrus (WAL) on February 11, 2026.

On February 11, Binance founder Changpeng Zhao (CZ) shared key details in an interview with the All-In podcast: - He first met FTX’s Sam Bankman-Fried (SBF) at a 2019 Singapore conference. - FTX initially proposed a joint venture (JV), which Binance rejected. A later proposal led to Binance acquiring a 20% stake in FTX. - Issues arose during the investment process, including malicious defamation and employee poaching. - Binance withdrew its investment in July 2021 and was not a deep-involved investor. - Ongoing litigation remains active, and specifics about FTX’s bankruptcy proceedings and compensation are unclear. Regarding presidential pardons, CZ revealed: - Applying for a pardon requires a lawyer to draft a petition outlining justifications like overprosecution or evidence of good conduct. - The U.S. President holds sole final decision-making power, with no fixed or standardized procedure for pardons. - Most past presidents issued pardons on their last day in of

On February 11, Binance founder Changpeng Zhao (CZ) told the All-In podcast in an interview that he has over 20 scheduled meetings or calls each day, plus ad-hoc tasks and social media responses. Though extremely busy, the work is highly meaningful—this sense of accomplishment has nothing to do with money or business growth and is hard to put into words. During the Biden administration, the U.S. government has alleged that groups like Hamas used Binance and the exchange failed to take adequate measures to address this. Discussions of related plea deals are subject to legal restrictions. The Biden administration is hostile to cryptocurrency, openly stating it intends to "fight against it." Policy changes under the Trump administration were positive for the U.S. and the world. The hostility toward crypto likely stems from fear of the new, as well as lobbying by the traditional financial industry. Binance operated smoothly between 2018 and 2020. In 2019, it launched a U.S. entity. A