A certain ETH OG whale conducted a spot market sell-off while leveraging long, holding a total of $56.18 million in long positions.

On February 24, prediction platform Kalshi removed all non-employee X Account Affiliated Badge icons—these badges were primarily used for external partners, promoters, or community members. X’s Account Affiliated Badges verify organizational roles: organizations can add them to associated accounts to signal official affiliation, boost credibility, and prevent impersonation. On February 22, X Product Lead Nikita Bier announced that X will launch a paid promotion content disclosure feature (covering ads for Kalshi, Polymarket, etc.). Failure to disclose such content will result in account suspension.

February 24: Per Coinglass data, total open interest for Bitcoin futures across the entire network stands at 695,600 BTC (valued at roughly $44.22 billion) — marking a new low not seen since August 2025 and plunging roughly 53% from its October 2025 peak of $94.12 billion. Leveraged funds in the derivatives space are posting a sharp decline, with overall market participation and speculative appetite cooling off.

On February 24, per HTX market data, Bitcoin dropped below $63,000, with its 24-hour percentage decline widening to 3.1%.

Feb. 24: Eric Trump, son of Donald Trump, again addressed the removal of tweets tied to WLFI, saying, “Whoever’s spreading FUD is a total clown. I’ve been discussing crypto on Twitter all week and delivered the keynote address on the World Liberty Forum’s opening day. Don’t be silly.”

**BlackRock Withdraws ~$150M in Crypto From Coinbase: 2,086 BTC, 8,459 ETH** Per monitoring from TheDataNerd on February 24th, BlackRock withdrew 2,086 Bitcoins (worth approximately $135 million) and 8,459 Ethereum (worth approximately $15.84 million) from Coinbase 9 hours ago. The total value of the withdrawals is approximately $150 million. ### Notes on American language habits: 1. **Headline brevity**: Uses "~" (casual shorthand for "approximately") and concise structure common in US financial alerts. 2. **Flow**: Leads with the key total value first, then breaks down the assets (BTC > ETH, order of larger value first). 3. **Clarity**: Replaces awkward "mentioning" with explicit "withdrew" (accurate for a withdrawal action, not just a mention). 4. **Spelling**: Uses American English conventions (no British alternates like "Ethereum" is standard, "February 24th" is correct). 5. **Punctuation**: Avoids unnecessary commas, keeps sentences tight for quick consumption (cri

February 24th — Per alternative data, today’s crypto Fear & Greed Index is 8 (up from 5 yesterday), meaning market sentiment remains in the historically rare “extreme fear” zone. Previously, extreme fear readings of 5 were only recorded in June 2022 and August 2019. Note: The Fear & Greed Index ranges from 0 to 100 and incorporates these metrics: Volatility (25%), Market Trading Volume (25%), Social Media Buzz (15%), Market Surveys (15%), Bitcoin’s Market Dominance (10%), and Google Trends Analysis (10%).