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「ETH Army」 Stops Rolling and Pivots to Take Profit, Achieving $12.7 Million Profit Within the Month

2 hours ago

On February 11th, data from the Coinbob Popular Address Monitor (via https://t.me/Coinbob_track_CN) reveals that the "ETH Bear Whale" address (0x20c) has recently shifted from continuously rolling over short positions to gradually closing out positions to lock in profits. Over the past week, the address has realized approximately $12.7 million in profits, with a current monthly return on investment (ROI) of 1,277%. Its total historical profits since opening the position exceed $80 million, and the maximum drawdown during trading has consistently stayed within 20%. The address still holds a 25x leveraged ETH short position: its position size has dropped from a peak of $84 million to $16.3 million, with an average entry price of $2,941, a liquidation price of $2,592, and roughly $8.4 million in current unrealized profits. Beyond gains from price swings, the whale has also accumulated approximately $6.9 million in profits via funding rates. As one of the most active on-chain ETH shorting participants, this whale is skilled at intraday position adjustments and operates flexibly. Of the $80 million in accumulated profits, nearly $60 million has been withdrawn and secured.
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Analyst: The weakening trend in the job market has become apparent, and the non-farm payrolls data may gradually reflect this reality.

**February 11 – Investinglive analyst Justin Low noted that U.S. private data firm Revelio Labs estimates January nonfarm payrolls fell by 13,300 at the start of the year. The firm also sharply revised December’s figure down to a 34,400 gain (from an earlier 71,100 increase).** **This isn’t an official nonfarm payroll “estimate”—it’s a directional indicator of broader labor market trends. Revelio’s metrics draw from 100+ million professional social media profiles (including LinkedIn). While its methodology looks unconventional, it’s a solid read on the labor market’s overall trajectory.** **That said, tonight’s official nonfarm payrolls report is unlikely to show negative growth—but the trend is clear: the labor market is cooling. Amid the current economic backdrop, nonfarm payrolls will keep reflecting this reality over time.** **When assessing market reactions to tonight’s data, remember: one data point doesn’t make a trend. (FXStreet)**

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US Stock Exchange Listed Company Addentax Plans to Raise $200 Million to Support Cryptocurrency and AI Strategy

On February 11, Addentax Group (Nasdaq: ATXG) announced it had separately signed memoranda of understanding (MOUs) with two institutional investors on February 9, 2026. The parties have reached preliminary agreement on a potential strategic equity investment totaling up to $200 million, aimed at supporting the company’s business growth in artificial intelligence (AI) and cryptocurrency financial services. Per the MOUs, each investor intends to subscribe to new shares of Addentax Group common stock at a fixed price of $1.50 per share, with a maximum individual investment of $100 million—subject to further negotiations and the execution of definitive agreements.

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A whale added to their ETH long position, bringing the total to 45,000 coins. They are currently experiencing a unrealized loss of $3.5 million.

February 11: Per Onchain Lens monitoring, whale address 0x6C8 has once again transferred 1.99 million USDC to HyperLiquid—pushing its cumulative deposit to $32.7 million—while also boosting its 20x leveraged long position on ETH. Currently, the whale holds a 45,000 ETH long position valued at $87.8 million, with an unrealized loss of $3.5 million.

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Dragonfly Partner: Current Market Sentiment Nowhere Near as Desperate as FTX Apocalypse, Crypto Industry Fundamentals Still Strong

**Dragonfly Partner Haseeb’s X Post (Feb 11):** Heard plenty of folks this week saying current market sentiment is worse than back when FTX collapsed. Nah, it’s not even in the same ballpark—just classic recency bias. FTX’s collapse was crypto’s deepest despair since Mt. Gox: a true systemic meltdown. Back then, we didn’t know what else might survive—let alone if it’d trigger a de facto global crypto ban. Nobody knew when the industry might bounce back; some feared the whole space could hibernate. Bitcoin’s price has dropped since October, no doubt—that’s tough. But let’s be real: crypto’s fundamentals are totally solid. The system held up to stress; global regulation’s improving; institutional/corporate adoption keeps growing; prediction markets are unusually active; perpetual contract DEXs just hit an all-time high in volume; stablecoin adoption is exploding. It’ll take time, but we’ll be okay.

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The X Million Word Champion is Accused of Coining a Phrase and Money Laundering, Calmly Responds, "Cry all you want, this doesn't even qualify as a masterpiece."

**Crypto Analytics Firm Bubblemaps Accuses X Longform Contest Winner of Meme Token Pump-and-Dumps** On February 11, Bubblemaps released an analysis claiming Beaverd — winner of X’s $1 million longform creation contest — used a public wallet to launch 10+ meme tokens, netting over $600,000 in profits. One token, SIAS, crashed to zero shortly after launch; its official account was later deactivated. Before collapsing, SIAS briefly hit a $6 million market cap, leaving users with heavy losses. Beaverd also launched 10+ other worthless meme tokens, per the report. Beaverd responded to Bubblemaps’ tweet: “Cry all you want, this isn’t even one of my top five masterpieces.” **Contest Win Context** On February 4, X named Beaverd (@beaverd) the grand prize winner. His winning article — *“Deloitte, a $740 Billion Cancer Spreading Across America”* — examines the government consulting giant’s role in federal and state IT systems. The piece racked up 44.71 million views, 29,000 likes,

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Analyst: Strong NFP Data Dampens Rate Cut Odds in H1, but Complete Ruling Out Still Premature

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