King’s College London researchers ran simulated crisis wargames in which three leading large language models—OpenAI’s GPT-5.2, Anthropic’s Claude Sonnet 4, and Google’s Gemini 3 Flash—played the roles of national leaders commanding nuclear-armed states. Across 21 matches (over 300 turns) and multiple crisis scenarios (border disputes, resource competition, regime threats), the models deployed at least one tactical nuclear weapon in 95% of games. None of the models chose full surrender; temporary de-escalation attempts frequently led to further escalation, with 86% of scenarios escalating beyond the models’ stated intent, reflecting errors under simulated “fog of war.” The tournament produced roughly 780,000 words of strategic reasoning. Researchers warn that while governments are unlikely to hand actual launch authority to AI, compressed decision timelines and reliance on AI recommendations could raise escalation risks. The findings arrive as the U.S. Department of Defense integrates frontier AI into military platforms (GenAI.mil includes Google’s Gemini and access to models like Grok and ChatGPT), and amid reports of Pentagon pressure on Anthropic for unrestricted access to its Claude model. Primary keywords: AI war games, nuclear escalation, GPT-5.2, Claude Sonnet 4, Gemini 3 Flash. Secondary/semantic keywords: wargame simulation, DoD GenAI.mil, tactical nuclear use, escalation risks, AI in defence.
Neutral
AI wargamesnuclear escalationmilitary AIGPT-5.2GenAI.mil
Bitfinex released Change Log version 1.128 with UX improvements, feature updates and numerous bug fixes. The update redesigns the price-alert modal, improves locale synchronization for user info, and consolidates Securities into Bitfinex Master accounts and trading sub-accounts. Several UI and usability tweaks were applied — contact form updates for Securities capital raises, adjusted scroll behaviour, CTA text/layout changes, API key UI and unsaved-changes modals, and VIP form validation. The release addresses many front-end and localization issues (missing translations, theme and color previews, modal/background fixes), corrects chart/widget and performance-chart inaccuracies, and resolves account/sub-account display problems, trading and OTC button behaviour, and mobile/theme-specific glitches. Earlier Change Log notes (v1.126) focused on operational fixes such as notification/ticker/search refinements, Swapix deposit flow and fee changes, wallet and withdrawal UX bugs, and localization fixes; these remain relevant to platform stability. Overall, v1.128 is maintenance- and UX-focused rather than adding new trading products — aimed at improving clarity, account structure for Securities, and platform reliability. Traders should expect improved front-end stability and clearer account handling for Securities-related activity; no direct new market features or token listings were announced.
GD Culture, a Hong Kong-listed sports and entertainment group, received shareholder approval to sell its entire bitcoin treasury of 7,500 BTC. The decision follows a general meeting in which investors endorsed the disposal plan; proceeds will be used for working capital and business needs. The move ends GD Culture’s multi-year holding of bitcoin acquired at significantly lower prices, unlocking a large fiat buffer amid ongoing market volatility. Market observers note the potential for selling pressure given the size of the reserve (worth hundreds of millions of dollars at current prices), but timing and execution remain key variables; the company may liquidate gradually or via OTC venues to limit market impact. Relevant stakeholders include GD Culture management, shareholders, OTC desks, and institutional liquidity providers. Traders should monitor disposal announcements, block trades, and large OTC fills for short-term price effects and changing on-chain supply dynamics.
CryptoQuant data show funding rates on Bitcoin futures have turned negative as BTC trades in the $60,000–$65,000 range. Negative funding indicates short-position holders pay longs, signalling rising short interest and more bearish sentiment across major derivatives venues. While current negative levels are milder than past sell-offs, persistent negatives combined with sideways price action can produce rapid short squeezes if price rebounds—forcing short covers and sharp upward moves. Conversely, a break below key support could deepen negative funding, strengthen downward momentum and accelerate declines. CryptoQuant highlights three focal points: Bitcoin is at crucial support, shorts in futures are increasing, and broad panic has not yet emerged. Traders should watch funding rates, futures open interest and support levels closely to gauge whether a short-cover-driven rally or intensified sell-off will dictate the next major move.
Analyst ChartNerd highlights a critical XRP/USD retest of a seven-year descending resistance trendline near $1.47. This long-term resistance has capped rallies since 2018; a successful breakout and retest with convincing volume would validate bullish expansion and increase odds of a new macro uptrend. Alternatively, failure to hold the trendline could send XRP back toward a multi-year ascending support around $0.50, signaling continued consolidation and accumulation. The piece notes that logarithmic charts make such multi-year levels more meaningful and that broader factors — regulatory clarity, institutional flows, derivatives positioning and market sentiment — will influence short-term volatility. Traders should watch price action and volume at ~ $1.47: a defended retest is bullish, a confirmed breakdown targets major support near $0.50. This is market commentary, not financial advice.
Russia will soon begin real-use testing of its central bank digital currency (digital ruble), Prime Minister Mikhail Mishustin told the State Duma. The Bank of Russia and the finance ministry will run the trials after earlier pilots (since Aug 2023). Authorities plan a staged roll-out: major banks and merchants must support the CBDC from Sept 1, 2026; mid-sized firms have an additional year; smallest firms are exempt below a low revenue threshold. Concurrently, a draft law from the finance ministry and central bank aims to legalize crypto trading and investment while imposing strict limits: a $4,000 purchase cap for non‑qualified investors, minimum capital and operational requirements for domestic service providers, and potential blocking of foreign exchanges unless they register locally and store client data in Russia. The Bank of Russia also tightened rules for opening digital ruble accounts. Traders should note the twin push — faster CBDC deployment and tighter on‑ and off‑ramps for crypto — could reshape domestic liquidity, exchange access and flow of ruble‑denominated crypto activity.
Bearish
digital rubleCBDCcrypto regulationRussiaexchange restrictions
US-listed spot Bitcoin ETFs recorded the largest single-day inflow since Feb. 6 as Bitcoin climbed back above $69,000. Eleven spot BTC funds took in $257.7 million in one day (Feb. 24–25), reversing five weeks of net outflows totalling roughly $3.8 billion and returning weekly ETF flows to positive. Fidelity’s FBTC led with about $82 million, followed by BlackRock’s IBIT with about $78 million. Since launch, US spot Bitcoin ETFs have netted roughly $54 billion and now account for about 6.31% of Bitcoin’s market cap, though combined AUM has fallen about 30.5% year-to-date to roughly $81.3 billion. Bloomberg analyst James Seyffart reported that institutional investors (advisers and hedge funds) sold around 25,000 BTC in Q4 2025 but still hold roughly 311,700 BTC — evidence of ongoing institutional rotation. Price action showed BTC rising roughly 7.9% in 24 hours to near $69,486; altcoins Polkadot (DOT) and Solana (SOL) outperformed with gains of about 22.9% and 12.8% respectively, while total crypto market cap climbed about 6.5% to ~$2.44 trillion. Key takeaways for traders: the renewed ETF inflows and positive short-term momentum can support near-term price recovery and trigger renewed risk-on flows into altcoins, but heavy institutional selling in late 2025 and a sizable year-to-date AUM decline indicate limited conviction and potential for volatility. Monitor ETF daily flows, institutional wallets, and on-chain supply metrics for confirmation before increasing exposures.
CryptoAppsy has launched a lightweight iOS and Android app that delivers real‑time price data for thousands of cryptocurrencies, updating every 5 seconds via aggregated exchange feeds. The app emphasizes instant discovery of newly listed tokens (launch time, price, volume, market cap, chain) and provides millisecond-level market data useful for arbitrage and rapid execution. Core features include a single‑screen dashboard with favourites and a multi‑currency portfolio (USD, EUR, GBP, JPY, TRY, etc.), tailored news filtered by portfolio holdings, a live feed and weekly highlights, macroeconomic indicator cards (Fed dates, DXY, 10‑yr yields), advanced charts for new listings, and smart push alerts that run in the background. CryptoAppsy requires no registration and supports English, Spanish and Turkish; it reports high user ratings on app stores. For traders, the app’s strengths are early visibility on exchange listings, aggregated low-latency price data across venues for potential arbitrage, multi‑fiat P&L aggregation for simpler position tracking, and customizable background alerts to act on sudden moves. The article notes this is not investment advice and reminds users of crypto volatility and risk.
President Donald Trump’s much longer-than-usual State of the Union address made no mention of cryptocurrencies or digital-asset policy, a notable omission after his administration’s prior pro-crypto posture during the first year of his second term. The article highlights the absence of crypto-related remarks despite earlier executive and administrative moves favoring digital assets. No new policy announcements or guidance for Bitcoin, Ethereum, crypto exchanges, or sector regulation were presented during the speech. For traders, the omission removes an immediate catalyst for price-moving headlines tied to executive-level endorsement, leaving market participants to focus on other drivers such as macro data, Federal Reserve guidance, and private-sector developments.
Neutral
State of the UnioncryptocurrencyBitcoincrypto policymarket catalysts
Shiba Inu (SHIB) recently rose about 7% to ~$0.0000064 but faces short-term downside risk after hundreds of billions of SHIB moved into centralized exchanges, signalling possible selling pressure. Technicals on short timeframes show a ‘death cross’, indicating weakening momentum. Key short-term support sits at $0.0000060 with immediate resistance near $0.0000066; a breach of support could push prices toward $0.0000057 or lower. On-chain data shows increased exchange balances and limited liquidity, which can magnify swings. Despite near-term fragility, some analysts remain bullish long-term: JAVO MARKS projects SHIB could reach $0.00005 by late 2026 (≈+400%), citing bullish RSI divergence and broader catalysts such as an overall crypto market upswing, regulatory clarity, institutional adoption and strong community support. Traders should weigh potential short-term selling pressure and technical weakness against the possibility of a volatile, uneven rally if bullish catalysts materialize.
Aptos (APT) surged about 20% on Feb. 25, 2026, trading near $1.02 after a broad altcoin rally led by Bitcoin’s sharp recovery above $69,000. Intraday volume for APT rose roughly 54% to over $105 million as the token rebounded from $0.79 lows recorded on Feb. 23. Market strength came during US trading hours ahead of Nvidia earnings and the US State of the Union, lifting Ethereum, Polkadot, Avalanche, Uniswap and Litecoin as well. On-chain metrics improved, with higher daily transactions cited and Aptos included in Bitwise’s staking rollout among around 30 chains — a development that could boost staking demand. Earlier reporting noted Aptos’s price had recovered from prior weakness since October highs and mentioned Grayscale had listed Aptos among assets under consideration for new products, underscoring institutional interest. Technical indicators show RSI rising from oversold toward ~46 and MACD turning positive with rising volume, supporting a near-term relief rally and a test of the $1 psychological level. Key resistance levels are the 50-day SMA (~$1.33) and 100-day SMA (~$1.62); immediate bullish targets cited previously included $2 then $4 in stronger rallies. Downside risks remain if Bitcoin reverses — APT could revisit recent lows near $0.80 or October 2025 lows near $0.74. Traders should watch Bitcoin’s ability to sustain >$70k, whether APT clears moving-average resistance, and if volume holds to confirm a durable breakout. SEO keywords: Aptos, APT price, altcoin rally, Bitcoin, breakout above $1, on-chain activity, staking.
Kraken has launched Flexline, a fixed-rate, crypto-collateral loan product for Kraken Pro users. Borrowers can pledge supported cryptocurrencies as collateral and receive disbursements in crypto or stablecoins. Loan terms range from 2 days to 2 years with fixed APRs of 10%–25%. Collateral is stored in segregated wallets and included in Kraken’s Proof of Reserves attestations; Kraken centrally manages custody, risk controls and liquidations, avoiding smart-contract and on‑chain liquidation risks. Early repayment is allowed but may incur a fee. Flexline is positioned as an alternative to margin trading and DeFi lending by offering predictable repayment schedules and fixed rates. Kraken did not disclose specific LTV ratios and the product is unavailable in a number of jurisdictions, including the US, UK, Canada, Australia, India, UAE, Switzerland, Brazil and New Zealand. The launch follows Kraken’s recent rollout of tokenized equity perpetual futures for eligible non‑US clients and arrives amid renewed growth in crypto-collateralized lending across exchanges and DeFi (noting roughly $51.9B TVL and ~$30.8B borrowed in DeFi). Traders should note potential liquidation risks, tax implications, eligibility limits and withdrawal caps when using Flexline.
GD Culture, a publicly traded AI and livestreaming company, received board approval to sell portions of its 7,500 BTC treasury to fund a new $100 million stock repurchase program. Management has discretion to execute Bitcoin sales in one or more transactions over the next six months, with timing, size and method determined to be in shareholders’ best interests. The 7,500 BTC were acquired last September through the purchase of Pallas Capital; the holding’s market value is several times the approved repurchase amount. GD Culture’s shares rose after the announcement but remain well below prior highs. The move follows a broader trend of companies monetizing crypto treasuries to fund buybacks or corporate initiatives (examples in recent months include firms selling ETH or BTC to finance share repurchases or pivot to AI projects). No immediate comment was given by a GD Culture representative. Key SEO keywords: GD Culture, bitcoin treasury, BTC sell-off, share buybacks, stock repurchase.
Hut 8 reported a Q4 net loss of $279.7 million for the quarter ended Dec. 31, reversing a year‑earlier $152.2 million profit. Revenue rose to $88.5 million (from $31.7M), driven by compute revenue of $81.9 million. The company recorded a $401.9 million loss on digital assets for the quarter versus a $308.2 million gain a year earlier. At year‑end Hut 8 held about $1.4 billion in combined cash and Bitcoin reserves and maintains up to $400 million in revolving credit. BitcoinTreasuries.NET lists Hut 8 with 13,696 BTC. Strategic moves include a 15‑year, $7 billion lease for 245 MW of AI data‑centre capacity at its River Bend campus, financially backstopped by Google; the sale of a 310 MW natural‑gas generation portfolio; and the launch of American Bitcoin Corp. as a separate vehicle to accumulate Bitcoin. Shares fell roughly 4.5% on the report. The company‑level pivot toward AI/HPC and monetizing infrastructure mirrors peers (TeraWulf, Riot, CleanSpark, Core Scientific, HIVE, MARA) and has been lifting mining stocks despite recent BTC weakness. Analysts warn elevated market risk — including possible sharp BTC drops and forced liquidations — so traders should monitor BTC futures, liquidity conditions and miner balance sheets closely.
Neutral
Hut 8BitcoinMining stocksAI data centersQuarterly results
Stripe’s annual letter highlights growing progress toward “agentic commerce,” where AI agents autonomously shop and complete purchases on behalf of users. The company points to advances in automation, improved APIs, identity and payments infrastructure, and integrations across merchants and platforms as drivers bringing autonomous buying closer to reality. Stripe frames the shift as an evolution in e-commerce rather than an immediate disruption, noting that agentic commerce will depend on reliable authentication, fraud prevention, and seamless payment flows. The letter emphasizes opportunities for merchants and payment providers to adapt: invest in robust identity verification, flexible APIs, and partner integrations to capture revenue from new agent-driven transactions. Stripe also underscores regulatory, privacy, and user-experience challenges that could slow adoption, and calls for industry collaboration to build standards for safety, consent and liability. For traders, the letter signals accelerating fintech-product demand and potential growth for payments infrastructure firms, identity/security providers, and B2B APIs enabling automation.
Abu Dhabi Commercial Bank (ADCB), one of the UAE’s largest lenders with roughly $272 billion in assets, described Bitcoin as "digital gold" in a recent research note. ADCB highlighted Bitcoin’s store-of-value properties and growing institutional adoption, citing improved custody solutions, regulatory clarity in some jurisdictions, and increased allocations from wealth managers and family offices. The bank contrasted Bitcoin with traditional safe havens, noting its limited supply and low correlation with equities as reasons investors treat it as a portfolio diversifier. ADCB also mentioned volatility and regulatory risks as constraints for mainstream adoption, and recommended that investors consider position-sizing and long-term horizons when allocating to Bitcoin. The report comes amid a broader trend of institutional interest in crypto across the Middle East, with sovereign and private capital exploring allocations. Key points: ADCB assets ~ $272bn; labels Bitcoin "digital gold"; cites institutional adoption, custody advances, supply scarcity, and low correlation; warns on volatility and regulatory risk; advises measured, long-term allocations.
Bitcoin’s unrealized-loss supply surged sharply after a recent price pullback, with on-chain analytics showing roughly 10 million BTC now sitting “in loss” — among the highest readings on record. Data shared by analyst James Van Straten indicates an additional ~70,000 BTC purchased between Feb 6–24 moved into loss, pushing the proportion of circulating supply at a loss toward 50% (circulating supply ~20M BTC). Long-term holders (LTHs) still show average unrealized profits near 74% but that metric is falling toward the estimated LTH cost basis of ~$38,900. Analysts note that past bear-market capitulations typically occurred when price breached the LTH cost basis and realized losses reached around 20%, after which market bottoms formed. Given institutional and structural changes in this cycle, outcomes may differ, but the spike in supply-at-loss signals elevated market stress and raises the potential that sufficient capital destruction could mark or hasten a market bottom. Key takeaways for traders: rising unrealized losses increase selling pressure and volatility; watch LTH cost basis (~$38.9k), supply-in-loss trends, and short-term holder behavior for signs of capitulation or recovery.
Kraken has listed WAR (WAR), a Solana-based memecoin themed around geopolitical narratives, and trading went live on February 24, 2026. Users can deposit WAR via Kraken’s supported Solana networks and begin trading on the exchange; Kraken App and Instant Buy access depend on sufficient market liquidity. Kraken warns deposits on unsupported networks will be lost and notes geographic restrictions may apply. The exchange reiterates its policy of not pre-announcing listings and directs users to its Listings Roadmap and token directory for updates. Risk and regulatory disclaimers remind users this is not investment advice and crypto markets are volatile.
Bitcoin’s Stablecoin Supply Ratio (SSR) has fallen to 9.36 — a level historically seen as ’dry powder’ ready to buy BTC — but on-chain analysis shows the decline is driven by stablecoin outflows, not accumulation. Analyst Axel Adler Jr. highlights that USDT market cap dropped from $187.2B on Dec 30, 2025 to $183.6B, a $3.6B contraction over 60 days, with 30-day change negative for 34 consecutive days (-$3.08B). Simultaneously, BTC market cap fell roughly 27%, so SSR declined via dual contraction rather than fresh buying power. The Estimated Leverage Ratio (ELR) has been flat around 0.219 for 90 days, indicating no new speculative leverage is entering and existing risk isn’t being reduced — increasing liquidation risk if prices fall. On-chain metrics show aged supply rising: coins last moved 3–6 months ago now ~26% of circulating supply (up from 19%), 6–12 month cohort ~20%, and coins moved within the past month under 10%. Realized Cap Net Position Change is -2.26% over 30 days, equating to about $33B in value compression since late November. Adler says a genuine bullish reversal requires sustained positive 30-day USDT inflows and a rising ELR during price stabilization. Until both occur, the low SSR should be read as the mathematical result of capital leaving the ecosystem, a bearish structural signal for traders.
Kraken has listed PepeCoin (PEPECOIN) and opened trading as of February 18, 2026. PEPECOIN began in March 2016 on a proof-of-work chain, was fairly mined with no pre-sale or insider allocation, and migrated to Ethereum in 2023 via a UTXO Swap that preserved its chain state and history. The token underpins a Web3 ecosystem including Kekspace (a social MMO with DeFi utilities), Smug Messenger (encrypted messaging on XMTP), and Pepe Paint (an NFT launchpad). Deposits must use networks supported by Kraken to avoid loss. Trading via Kraken App and Instant Buy will be enabled once sufficient liquidity exists. Geographic restrictions may apply. Kraken reiterates its policy of announcing listings only shortly before launch and directs users to its listings page and roadmap for future tokens.
Dogecoin (DOGE) surged above $0.10 after a concentrated short-liquidation event that erased about $4.09 million in short positions over 24 hours and $1.57 million within a single hour, according to CoinGlass. Total DOGE liquidations across 24 hours reached approximately $5.14 million, while long liquidations were minimal (~$119,640), indicating a heavily one-sided unwind. DOGE traded near $0.1038 at the time of the latest report, up roughly 12–13% in 24 hours after breaking out from a $0.095–$0.098 consolidation band. Analysts characterize the move as a short squeeze driven by overleveraged retail positions rather than a confirmed fundamental reversal: DOGE still faces descending resistance on the daily chart. Traders will likely watch for sustained closes above $0.10 and subsequent breaks of higher resistance levels before treating the move as a trend change. Key SEO keywords: Dogecoin, DOGE price, short squeeze, liquidations, crypto trading.
MARA Holdings (MARA) will report fourth-quarter results after market close on Thursday. Wall Street consensus expects a loss of $1.17 per share and revenue of $251.34 million, about a 17% year-over-year increase. The preview highlights the company’s upcoming earnings release and the key consensus metrics traders watch — EPS and revenue growth. These figures will be used by market participants to reassess MARA’s operational momentum and balance-sheet implications amid ongoing industry volatility. Primary keywords: MARA earnings, MARA Q4, Bitcoin mining revenue. Secondary/semantic keywords: EPS estimate, revenue guidance, crypto miner results, market reaction, mining margins.
Prediction exchange Kalshi disclosed two closed insider-trading cases and reported both to the U.S. CFTC. Kalshi said it opened roughly 200 investigations over the past year and escalated more than a dozen to active cases. Case 1: A U.S. gubernatorial candidate placed a roughly $200 bet on his own California race in May 2025, shared the trade on social media, and had his account frozen. He received a five-year ban and a penalty equal to ten times his trade size. Case 2: Artem Kaptur, a video editor associated with YouTuber Mr. Beast, placed up to $4,000 on YouTube streaming markets using likely material non-public information, achieving near-perfect results on low-odds markets. Kalshi banned him for two years and fined him five times his trade size; neither trader withdrew illicit profits. Kalshi will donate collected fines to a non-profit focused on derivatives education. Separately, the platform reported nearly $8.5 billion in February trading volume — close to January’s record of over $9.5 billion — with sports as the largest category. Kalshi positioned these disclosures as part of intensified surveillance and regulatory compliance efforts aimed at preserving market integrity.
Short-term Bitcoin holders (1–3 months) are experiencing the largest unrealized losses of the current market cycle, driven largely by retail selling. On-chain profit-and-loss metrics show the cohort’s net P/L has moved decisively into negative territory, signaling mounting short-term selling pressure. Historical comparisons (notably late 2019) indicate similarly deep short-term losses have often marked correction phases inside a broader bullish trend rather than the start of a prolonged bear market. On-chain flows show smaller investors exiting while larger holders (“whales”) accumulate at lower prices. Analysts say this pattern typically removes weak leverage and rebalances positions; whether it evolves into a deeper downturn depends on upcoming liquidity, macro conditions and demand. The article frames the development as a correction signal rather than definitive bear-market confirmation. (Keywords: Bitcoin, short-term holders, unrealized losses, on-chain, whales, correction)
A governance dispute in the Aave ecosystem has intensified after Aave Chan Initiative (ACI) and Aave Labs published competing reports ahead of a planned community vote on a ~$50–51 million funding package. The proposal, framed as “Aave Will Win,” requests up to $42.5M in stablecoins plus 75,000 AAVE tokens (total ~ $50–51M) for Aave Labs in exchange for routing 100% of revenue from Aave-branded products to the DAO treasury and ratifying Aave V4 as the protocol’s long-term technical foundation. ACI founder Marc Zeller released a transparency-style audit questioning Aave Labs’ historical funding (~$86M claimed) and urging ROI-based evaluation, clearer disclosure standards, and separation of funding, revenue alignment and V4 ratification in governance votes. Aave Labs’ rival report defended its multi-year technical contributions (V1–V3, flash loans, Safety Module, Efficiency Mode), warned that counting forum posts understates development and security work, and stressed ongoing R&D to maintain infrastructure for millions of users. Community concerns focus on the funding size, the 75,000 AAVE token allocation (voting power implications), and how revenue and governance holdings are defined. The dispute follows BGD Labs’ announced exit on April 1. Tokenholders will vote after reviewing both reports; the outcome could reshape Aave’s funding model, governance balance and revenue allocation.
XRP has started to show recovery signals after recent price action formed higher lows and increased buying interest. The token bounced in the $1.33–$1.35 area and established short-term support near $1.13, with a deeper historical buffer at $0.8475. Spot buying on major exchanges and rising retail buy orders coincided with steady institutional accumulation via XRP-linked ETFs, suggesting broader participation. Key resistance levels to watch are $1.46–$1.83 (with $1.5121 and $1.66 noted). Elevated trading volume accompanying the rallies supports the legitimacy of the move. Traders should monitor whether $1.13 holds — a break below could trigger tests of lower supports — while a clear break above $1.46/$1.51 would likely open targets toward $1.66 and $1.83. Primary keywords: XRP, XRP price, ETF inflows, higher lows, trading volume.
Bitcoin staged a sharp V-shaped recovery on Feb 25, 2026, rallying roughly 8% from a 24-hour low of $63,894 to about $69,483 and reclaiming the $69.5k area. The rapid bounce ignited a large short squeeze: data shows more than $330 million in positions liquidated in the past 24 hours, with short liquidations dominating (about $321.15M in a 12-hour window and $247.98M during a single 4‑hour “Rekt” event) versus roughly $11.17M in long liquidations. Analysts noted the move may mark a local bottom and highlighted correlations between BTC and tech/software stocks as supporting factors. Key market metrics at the time reported BTC near $68,989 (up ~7%) with elevated trading volume. Traders should note the dominance of short liquidations, the speed of the reversal, and the potential for increased short-term volatility as positions are repriced and liquidity returns to the market.
A wallet linked to Forward Industries moved 8,200 ETH (~$14.91M) to Coinbase on Feb 25, realizing an on-chain loss of about $10.82M. The address had accumulated 23,491 ETH (~$76.26M) over prior years and had staked most holdings before redistributing to exchanges rather than cold storage. The sale increases centralized exchange supply at a technically sensitive time for Ethereum. ETH trades inside a long-term descending channel, recently losing $2,122 and sitting near $1,889 with a converging lower boundary around $1,800. Technicals show 14-day RSI near 33.4 (oversold range) and an OI-weighted funding rate slightly positive (+0.0050%), indicating some leveraged longs paying to hold positions. Liquidation data shows short-side dominance ($37.65M in short liquidations vs $6.6M in longs), suggesting crowded short positioning and squeeze risk if $1,800 holds. Traders face two scenarios: a decisive close below $1,800 could accelerate downside into deeper liquidity, while sustained defense and reclaiming intraday levels could trigger a rapid short-covering relief rally toward prior breakdowns. Overall, increased exchange inflows from a long-dormant holder, heavy short exposure, and fragile funding create higher short-term volatility and directional risk for ETH.
Bitcoin surged past $69,500 after rebounding from about $62,000, triggering double-digit gains across major altcoins including ADA, LINK and AVAX. The rally was supported by rising risk appetite ahead of Nvidia’s earnings. Crypto strategist Benjamin Cowen warned of seasonal and macro risks — historically weaker performance in February, a typical rebound in early March, then softer trends into April — and flagged tariffs, potential Iran hostilities, and delayed rate cuts as downside catalysts. On‑chain commentator On‑Chain Mind noted that it has been roughly 140 days since Bitcoin’s last all-time high — a relatively short interval compared with historical cycle bottoms — and cautioned that further declines remain likely before a sustained recovery. Analysts urge traders to exercise caution despite bullish momentum, as short-term rallies can attract short sellers and heightened volatility. Disclaimer: not investment advice.
Neutral
BitcoinAltcoinsMarket RiskNvidia EarningsMacro Data