Due to the continued rise in spot silver price, the largest on-chain silver short recently reduced their position by $4.4 million

Feb. 28 — An Israeli government official stated Wednesday that Israel is gearing up for a first-of-its-kind four-day intensive joint operation, per CCTV.

On February 28th, data from the Coinbob Popular Address Monitor shows safe-haven on-chain precious metal contracts led gains as markets closed, fueled by escalating US-Iran tensions. Gold briefly surged to $5,386 per ounce, while silver hit a temporary high of $96.3 per ounce. Currently, the largest long position in on-chain PAXG (on-chain gold) — held by Hyperliquid early contributor Loracle — has seen unrealized profits climb to $460,000 (roughly 27%). The position totals $8.42 million, with an average entry price of $5,047. Loracle (X: @loraclexyz), formerly known as Laurent Zeimes, is an active figure in the Hyperliquid ecosystem. Recognized as an early contributor, he founded Hypurrfun and has recently been active in Hyperliquid’s contract market.

On Feb 28, Israeli sources stated that Iranian President Ebrahim Raisi survived an assassination attempt, and that the operation against Iran had achieved all its objectives. (FXStreet)

Feb. 28 — According to the Hong Kong Economic Times, Hong Kong Stock Exchange (HKEX)-listed Coolpad Group has disclosed that it spent approximately HK$38.89 million (US$4.98 million) to purchase 39,000 shares of MicroStrategy (MSTR). The company simultaneously sold 390 MSTR call options, receiving a premium of US$51,210. These options expire on March 6, with a strike price of US$150 — a 15.8% premium over MSTR’s closing price of US$129.50 on Friday. ### Notes on U.S. language habits adapted: 1. **Clear code reference**: Explicitly linked "Strategy" to its ticker symbol **MSTR** (standard for U.S. equity/option reporting). 2. **Concise structure**: Split long sentences into two for readability (common in U.S. financial briefs). 3. **Consistent unit formatting**: Used "US$" (standard in U.S. financial content) and clarified HK$ upfront. 4. **Terminology alignment**: Kept "call options," "strike price," "premium," and "closing price" as standard U.S. market terms. 5. **Date f

Xinhua News Agency reported on February 28 that an explosion hit eastern Tehran, Iran’s capital, with multiple missiles striking various targets in downtown Tehran. The area near Iran’s Supreme Leader’s office was targeted, and Ayatollah Khamenei has been moved to a safe house.

February 28: Per Coinbob Popular Address Tracker, Bitcoin’s short-term price dip has pushed the "Strategy Whales" address (0x94d)’s unrealized profit on its BTC short position to $880,000, with a floating return of 105%. The address opened a new 40x leveraged BTC short near ~$65,270 in the early hours of today and added to the position again at 6 a.m. this morning — it’s now the largest on-chain BTC short position. This address gained recognition in December for building a massive short on major coins while MicroStrategy (MSTR) was making continuous large-scale BTC purchases. It favors contrarian trading over chasing rallies or sell-offs, profiting from swing trading.