Insight: Coinbase Stablecoin Revenue Could See 7x Growth Following "Genius Act"

As of February 24, data from the Coinbob Popular Address Tracker (link: https://t.me/Coinbob_track_CN) shows that Loracle—an early Hyperliquid contributor—opened a large 10x leveraged long position on ZEC on February 15 in a bottom-fishing attempt. At the time, the position peaked at $8.5 million, with an average entry price of $312, making it the largest on-chain ZEC long position. Ten days later, ZEC is currently trading at $237, pushing the position’s unrealized loss to 316%. Facing steep unrealized losses, the address began cutting its ZEC long position last night and this morning. As of press time, the position has been sharply reduced to $1.14 million, with selling still ongoing. Loracle (X handle: @loraclexyz)—born Laurent Zeimes—is an active early contributor to the Hyperliquid ecosystem. He’s the founder of Hypurrfun and has recently been active in Hyperliquid’s contract market.

February 24th — Per on-chain analyst Ai Auntie (@ai_9684xtpa), the associated address of the seven siblings dubbed the "Buy the Dip Pioneers" has purchased 2,179.22 ETH on-chain over the past 8 hours at an average price of $1,852, totaling $4.03 million in value. Across their publicly known addresses, the seven siblings currently hold a combined 336,250.9 ETH, with an aggregate value of up to $620 million.

A 7,000-word hypothetical "June 2028 Scenario" report from research firm Citrini Research went viral on Wall Street on February 24, stoking deep market fears over AI’s impact on white-collar jobs and the credit system. The report introduces the "global cognitive crisis" concept, warning AI could spark a "race to the bottom" for knowledge-based roles—disrupting industries and credit chains tied to white-collar productivity. U.S. stocks tumbled sharply Monday: the Dow Jones Industrial Average dropped 822 points (-1.7%), the S&P 500 fell 1%, and the Nasdaq Composite slid 1.1%. The software sector bore the brunt—Datadog, CrowdStrike, and Zscaler each lost over 9%, while IBM plunged 13% (its worst single-day drop since 2000). Report-named firms like American Express, KKR, and Blackstone also saw steep declines. Private credit and banking shares came under pressure: Blue Owl slid 3.4%, and Apollo Global Management dropped 5.6%. UBS noted the real risk is the "speed of disruption"—no

On February 24th, data from Coinbob Popular Address Monitoring (https://t.me/Coinbob_track_CN) shows that "Hyperliquid Early Contributor Loracle" first began trimming his HYPE long position on February 21st—when the token’s price rebounded above $30. As of press time, his position has dropped from around $46.2 million to $26.1 million, a reduction of over 43%. He is still slightly reducing his holdings today. Currently, he holds a 5x-leveraged HYPE long position with an average entry price of $24.55, boasting an unrealized profit of roughly $1.51 million. This position was established on January 12th at an average price of $22 and subsequently gradually rolled over. At its peak, the position size hit $52 million, with unrealized profits topping $16 million—at one point making it the largest on-chain long position for HYPE. Loracle (X: @loraclexyz), originally known as Laurent Zeimes, is active in the Hyperliquid ecosystem. He is regarded as an early contributor, founder of Hyp

On Feb 24, per Coinglass data: - If Bitcoin (BTC) falls below $62k, cumulative long liquidations across major centralized exchanges (CEXs) will hit $665 million. - Conversely, if BTC surges past $66k, cumulative short liquidations on major CEXs will reach $840 million. BlockBeats Note: Liquidation charts do not show the exact number or value of contracts up for liquidation. Instead, their bars reflect the relative significance of each liquidation cluster (vs. nearby clusters)—i.e., "strength." This means the charts signal how strongly BTC’s price will react at a given level: higher bars indicate a more intense response driven by liquidity cascades.

On February 24, Binance Alpha listed CRCLon — Ondo’s tokenized Circle Internet Group asset.