A Whale Address Leveraged 50x Long on BTC Faces Liquidation, Loses $10.39 Million

On February 27th, according to the monitoring of lmkfun, the crypto KOL Ansem received an airdrop of 215,113 KAITO and sold it for 76 ETH (approximately $206,000). Currently, the 215,113 KAITO that was sold is now worth approximately $590,000.

On February 27th, Upbit announced that the FBI has issued an official document regarding the recent Bybit hack, and it has requested all digital asset service providers to block transactions related to these addresses. Upbit will cooperate closely with the investigative agencies.

On February 27th, based on market data, COOKIE has surged to above $0.24 and is currently trading at $0.246. It has witnessed a 24-hour price increase of 31.23%.

On February 27th, according to Coinglass data. As of the moment of writing, the price of KAITO is currently at $2.8, showing a 42.8% increase in the past 24 hours. The total open interest of KAITO on the entire network is currently $193 million, with a 24-hour growth of 59.46%. Currently, the contract funding rate of KAITO on multiple mainstream CEXs has reached the maximum negative value. This includes Bitget (-1.5%), Gate (-2%), and HTX (-2%), among others. Other CEXs also have abnormally negative values, such as Binance (-1.5872%) and OKX (-0.9%), etc. In addition, the total trading volume of KAITO's contracts on the entire network in the past 24 hours has reached $5.651 billion, with a 213.38% increase in the last 24 hours. In the past 24 hours, the total contract liquidation of KAITO on the entire network was $15.56 million, with long liquidations at $5.32 million and short liquidations at $10.24 million.

On February 27th, according to official channels, Bitget is scheduled to list RedStone (RED) on the pre-market trading market at 18:00 (UTC+8).

February 27th. Time.Fun announced on social media that the current user demand has exceeded the processing capacity of the platform. The team is actively working on addressing the scaling issue, and the update is expected to be completed in the next few days or weeks. Specific improvements will include: · A significant enhancement of application performance; · The introduction of an open auction feature; · The addition of support for voice/video call functionality.