On-chain ETH longs' maximum unrealized loss has expanded to around $12 million, with the recent unrealized loss being offset as the open position size reached $127 million.

February 24th — According to Coinbob Popular Address Monitor (https://t.me/Coinbob_track_CN), on-chain data shows the top 100 long-focused whale address (0x8af) tied to the Nasdaq 100 holds positions across on-chain U.S. equities, crypto markets, and precious metals. As of now, the address holds over $20 million in long positions on XYZ100 (a Nasdaq 100 Index tracking contract), an equivalent long position in BTC, and a $12 million short position in silver. Following today’s pullback in U.S. stocks and crypto markets — while silver has held near highs with a slight gain — the address has incurred losses on both its long and short positions, with floating losses across all three positions continuing to widen. Currently, the address’s biggest losses stem from its 40x leveraged long BTC position: the position size is ~$23.2 million, with an average entry price of $100,800 and a floating loss of $13.8 million — a staggering loss percentage of 2376%. Additionally, the address has $14.

On February 24, Rhythm BlockBeats officially integrated Polymarket prediction market data into its PC website and mobile app. As the world’s first media platform to embed prediction market depth into news feeds, users can directly view key metrics—including current event probability, trading volume, liquidity depth, and price trends—within real-time news, event reports, and special briefings. No platform switching is needed to get a full picture of market consensus. Additionally, the “View Latest Data” feature lets users compare data from the event’s timing to current real-time figures. This helps them clearly track the evolution of market forecasts, retrospective accuracy, and how information gradually shifts from a “market signal” to “public fact” via data changes. This update aims to boost the professionalism and forward-looking value of BlockBeats’ news content. Prediction markets, as efficient information aggregation and price discovery mechanisms, have delivered sharp insights

February 24 — Bitcoin slipped below $63,000 again this morning, according to data from Coinglass. Current funding rates on major centralized (CEX) and decentralized (DEX) exchanges point to a still largely bearish market, though most platforms have seen Bitcoin’s funding rate return to positive territory. Specific rates are detailed in the attached image. **BlockBeats Note**: Funding rates are set by crypto exchanges to align perpetual contract prices with underlying asset values. They enable a funding exchange between long and short traders—exchanges do not charge this fee. The mechanism adjusts the cost or profit of traders holding contracts to keep contract prices close to spot prices. A 0.01% funding rate is the baseline. Rates above 0.01% signal a broadly bullish market, while rates below 0.005% indicate a generally bearish trend.

February 24 — GPS briefly surged by over 20% on news that the cryptocurrency has been listed on a KRW trading pair at Bithumb, South Korea’s second-largest crypto exchange, per HTX market data. It currently trades at $0.0147.

February 24 — Official sources confirm that Bithumb, South Korea’s second-largest crypto exchange, has added GoPlus (GPS) to its Korean Won (KRW) market trading pair.

On February 24th, several leading publicly traded cybersecurity firms saw their stock prices dip in the wake of Anthropic’s launch of Claude Code Security last Friday. The AI-powered code vulnerability scanning tool rolled out as a limited research preview on February 20th. Per Anthropic’s website, its Claude chatbot can “scan entire codebases for vulnerabilities, validate each finding to cut down on false positives, and offer remediation suggestions for review and approval.” Claude’s code reasoning process is “similar to that of a seasoned security researcher”—it can grasp context, trace data flows, and “catch vulnerabilities missed by pattern-matching tools” before proposing fixes. This week, shares of the top five U.S. cybersecurity firms by market cap have continued to slide. Palo Alto Networks—the largest U.S. cybersecurity company, with a $116 billion market cap—has seen its stock drop nearly 9% since the feature launched. CrowdStrike, which offers endpoint security, threat