Hyperliquid's 50x Short Whale on ETH Now Sitting on Roughly $62.4 Million in Unrealized Gains

On February 27th, as per official information, Pundi AI has declared a partnership with The Generative Beings (TGB), which is Singapore's largest generative AI community. The two parties will make use of their respective technical proficiency, market understanding, and industrial resources to jointly boost the growth of blockchain and generative AI in Singapore and Southeast Asia. The founder of The Generative Beings, Shivang Gupta, pointed out that the Southeast Asia region holds great potential for generative AI innovation and is looking forward to advancing the convergence of AI and Web3 through this cooperation. Zac Cheah, the founder of Pundi AI, also noted that TGB has formed an enthusiastic community of generative AI founders and technical experts in Southeast Asia, and the two parties will drive regional AI development through knowledge sharing and professional complementarity. Currently, the community has more than 2500 members and has been expanding rapidly in Singapore, Ind

February 27th. During the past few days, Bitcoin has reached a new 3-day low since the FTX crash (-15%). In a report to clients on Wednesday, Markus Thielen, the founder of 10x Research, stated that in a worst-case scenario, Bitcoin might drop to the range of $72,000 - $74,000 and then potentially rebound. He also pointed out the lag in the correlation between Bitcoin and the global central bank liquidity indicator. By analyzing the actual price paid by short-term holders, that is, the average price at which addresses holding the token for less than 155 days purchased BTC, Markus Thielen identified the key level of $82,000, indicating a potential demand zone around $82,000 (which has already been reached). Markus Thielen explained that historically, during bull markets (the actual price paid by short-term holders), Bitcoin rarely stays below this level for an extended period. In contrast, during bear markets, Bitcoin often remains below this level for a longer duration.

On February 27th, according to official channels, the digital asset custody and wallet technology provider Cobo announced the initiation of the Safe{Wallet} Multisig Co-signing Service. Users are capable of independently verifying and conducting risk control over Safe multisig transactions within the custody address, thereby further enhancing the security of transactions. This solution incorporates Cobo Address MPC or Web3 Wallet to participate in signing within Safe{Wallet}. As an independent third party, Cobo makes sure to utilize a separate signature solution from other signers in order to avoid single-point risks resulting from signers relying on common infrastructure. Furthermore, in combination with Cobo's robust risk control system, each transaction undergoes anomaly detection to promptly prevent potential unexpected behaviors. By means of the encryption asset security protection system Cobo Guard, transaction auditing and cross-validation are implemented to effectively prevent

On February 27th, the founder of the Play-to-Earn game Treeverse, Loopify, posted on social media, expressing his belief that "The era of Meme is over." The emergence of TRUMP marked the end of it all. Subsequently, there were MELANIA and a series of RUG events. LIBRA was the final blow that broke the camel's back. Meme coins are entirely driven by emotions. The vast majority of people buying these tokens are doing it for the money. While the traditional "concerns" associated with other projects do not exist in the Meme world, it also means that the prices of these tokens drop faster than those of most other projects. "No restrictions" is a point highly praised by Meme traders and a key reason for their frenzy, but it comes with obvious drawbacks. Once the excitement of making money wears off, participants will leave. Unlike other traditional tokens where you can still believe in the project, with Meme, "there's nothing there." Loopify believes that, by analogy, Meme is like the NFT

On February 27th, as monitored by Onchain Lens, a whale address that had taken a 50-times leveraged long position on BTC on HyperLiquid was liquidated 11 hours ago. This long position was opened two and a half months ago, resulting in a loss of $10.39 million. Currently, the whale address still holds 115,427 HYPE, with an unrealized loss of $265,000; and 144.54 HFUN, with an unrealized loss of $33,000.

On February 27th, based on Farside Investors' data, BlackRock's IBIT witnessed a net outflow of $418 million yesterday, reaching a new all-time high in terms of single-day net outflows.