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US Judge Denies Binance's Arbitration Request, Users Can Sue in Court Over Pre-2019 Tokens Claim

2 hours ago

On February 27, U.S. District Judge Andrew Carter in Manhattan rejected Binance’s request to arbitrate claims that the exchange illegally sold unregistered securities and caused massive customer losses, according to Reuters. Carter ruled that customers may sue in court for claims arising before February 20, 2019, because Binance failed to properly notify users of changes to its terms of service requiring arbitration for disputes and waiving their right to collective lawsuits. In response, a Binance spokesperson said: “Binance will vigorously defend the remaining limited claims in this case, as they are without merit.” Customers seeking to recover funds for losses tied to seven tokens — ELF, EOS, FUN, ICX, OMG, QSP, and TRX — allege Binance failed to warn them of the “significant risks” of purchasing the assets.
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Bernstein: Maintains Figure's "Outperform" Rating and $72 Price Target

February 27th – Per The Block, Bernstein analysts grew more optimistic about Figure after the company released its Q4 performance, calling the results "robust." They retained an "Outperform" rating with a $72 price target. Figure’s stock closed down 1.8% on the day at $34.04, translating to roughly 111% upside to the analyst’s target. The shares have fallen 45.8% over the past month. Prior reports highlighted: - Q4 2025 consumer loan trading volume hit $2.7 billion, up 131% year-over-year (YoY) - Net income rose 91% YoY; adjusted net income was $158 million (a 106% jump from Q4 2024) - Net profit surged 156% YoY to $15 million Full-year 2025 results: - Net profit skyrocketed 574% YoY to $134 million - Net revenue climbed 49% YoY to $507 million - Annual consumer loan trading volume totaled $8.4 billion, up 63% YoY

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After numerous setbacks, "Pal" initiated their 162nd attempt at a long position during this bull run, with the liquidation price of their ETH long position reaching approximately $1,938.

February 27 — Per Coinbob Popular Address Monitoring, the address has resumed ETH long positions after being liquidated in its last trade. In recent days, it deposited ~$250k to open an ETH long, then scaled the position to $13.5M within three days via continuous compounding. Currently, it holds a 25x-leveraged ETH long with an average entry price of $1945, ~$430k in unrealized profit (80% return), a liquidation price of ~$1938, and a liquidation threshold of ~2.42%. A review of the address’s recent trades shows it often opens positions with hundreds of thousands of dollars, then scales up position size and average price via compounding. However, it has been liquidated multiple times due to high average entry prices and market pullbacks. After liquidation, it deposits funds again to restart the same long strategy, betting on a sharp rebound or the start of a bull market. Since last October (nearly 5 months), the address has attempted 162 long trades across various tokens — inc

6 minutes ago

Pre-market: Crypto Market Retreats as US Stock Market Prepares to Open, BTC and ETH Whale Holdings Drop Below Average Price

As of February 27th, per HyperInsight monitoring (via https://t.me/HyperInsight), U.S. stock pre-market trading triggered a drop in crypto prices like BTC and ETH. The largest long positions for the two major coins flipped from profitable to losing, with key details below: - **pension-usdt.eth**: A 3x-leveraged BTC long position totaling $66.8 million, average entry price of $68,000, floating loss of $30,000. - **ETH Whale Trader**: A 15x-leveraged ETH long position worth $139 million, average entry price of $1,991, approximate floating loss of $1,000.

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If Bitcoin drops below $65,000, the mainstream CEX long liquidation volume will reach 1.028 billion.

On February 27th, Coinglass data shows that mainstream centralized exchanges (CEXs) could face $1.028 billion in cumulative long liquidation intensity if Bitcoin drops below $65,000. Conversely, if Bitcoin climbs above $69,000, those same CEXs would see $1.012 billion in cumulative short liquidation intensity. BlockBeats Note: Liquidation charts do not display the exact number of contracts or their total liquidation value. Instead, the bars on these charts represent how significant each liquidation cluster is relative to nearby clusters—this is what’s referred to as "intensity." Put simply, the chart illustrates how strongly the underlying asset’s price will react when it hits a specific level: a taller liquidation bar means the price will experience a more intense response due to a surge in liquidity when that level is reached.

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Bitcoin Drops Below $67,000

On February 27th, Bitcoin dropped below $67,000, posting a 2.39% 24-hour decline, per HTX market data.

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Matrixport sent 750 BTC to Binance

February 27: Matrixport transferred 750 BTC (valued at $50.89 million) to Binance, per Onchain Lens monitoring.

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