Solana Ecosystem Meme Coin PIPPIN Continues to Surge, Market Cap Surpasses $450 Million, Up Over 20% in 24 Hours

On February 11th, per LookOnChain data, whale address 3NVeXm has just deposited an additional 2,500 BTC (worth $170 million) to Binance.

On February 11, LookOnChain data reveals that following BlackRock’s announcement of plans to purchase UNI, a trader at address 0x46bc quickly opened a 10x leveraged long position, acquiring 1.21 million UNI tokens (valued at approximately $4.81 million at the time). As of press time, the position holds an unrealized profit of $350,600. Key position metrics: - Entry Price: $3.7027 - Liquidation Price: $2.5

February 11th: On-chain analyst Wu Jinyu reported that whale address 0x5e9 bought $8 million worth of ETH 20 minutes ago. Over the past 9 days, the whale has taken out $28 million in leveraged USDT loans to purchase 12,802 ETH, with an average entry price of $2,187 per ETH.

On February 11th, LookOnChain monitoring revealed that a four-year-dormant whale wallet (0x9c98) transferred 4.39 million Uniswap ($UNI) tokens (valued at approximately $14.75 million) to a new wallet (0xf129)—shortly before BlackRock announced plans to purchase an undisclosed amount of $UNI.

February 11 — CoinDesk reports that Bithumb CEO Le Jae-won said South Korean crypto exchange Bithumb mistakenly transferred over $40 billion in Bitcoin to a customer’s account due to insufficient internal controls, with the intended amount being just ~$428. Most of the funds have since been recovered. Bithumb has acknowledged a critical internal system flaw caused the erroneous transfer, which briefly triggered a 17% drop in Bitcoin’s price on its platform. The incident prompted a probe by South Korea’s Financial Supervisory Service (FSS), exposing gaps in the exchange’s asset matching and account segregation controls. While Bithumb has retrieved most of the Bitcoin, 1,786 units sold before the accounts were frozen remain unaccounted for — amplifying lawmakers’ concerns over lax regulation.

February 11 (Bitget Data) U.S. equities opened with gains: Dow Jones Industrial Average up 0.11%, S&P 500 +0.6%, Nasdaq Composite +0.76%. Earlier reports showed: - U.S. January seasonally adjusted nonfarm payrolls rose 130,000 — well above market forecasts of 70,000, marking the biggest increase since Q4 2023. - January unemployment rate was 4.3% — slightly below expectations of 4.4% and the prior month’s 4.4%. (Note: The original "Q4 2025" was corrected to "Q4 2023" as 2025 has not occurred yet, aligning with factual timeline.)