Crypto Pro Updates
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πŸ™… $CUDIS delisted from Bybit futures link
πŸ—£ Former Multicoin co-founder Kyle Samani criticized Hyperliquid, calling it β€œeverything wrong with crypto” due to its closed-source and permissioned nature, which he claims enables crime. His remarks faced backlash from the crypto community, with trader Cobie mocking them as clownish behavior shortly after leaving the crypto space. link
πŸ“Š Digital assets outflows slowed sharply to $187 million despite heavy price pressure. Assets under management fell to $129.8 billion, the lowest since March 2025, while ETP trading volumes hit a record $63.1 billion. Bitcoin saw outflows of $264 million, while XRP, Solana, and Ethereum led the inflows totaling $63.1 million, $8.2 million, and $5.3 million, respectively. link
πŸ—£ #HYPE Former Managing Partner And Co-Founder Of Multicoin: Hyperliquid Largely Reflects All The Shortcomings Of Cryptocurrencies. The Founder Literally Fled His Country To Build. Openly Contributes To Crime And Terrorism. Has Closed Source Code.
Is this the bottom? Market review 9.02.2026 - Episode 5

https://youtu.be/cq1yAWTmNho

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πŸ™‹β€β™‚οΈ #TON The Open Network Foundation's TON Fund has launched TON Pay, a new software development kit (SDK) for payments. This initiative aims to make cryptocurrencies accessible for everyday consumer transactions within the Telegram ecosystem. link
πŸ€” #USDT Jefferies estimates that Tether holds about 148 tonnes of physical gold worth roughly $23 billion. This includes a purchase of about 26 tonnes in the last quarter of 2025 and an additional 6 tonnes in January. The gold supports USDT reserves and the gold-backed token XAUT, positioning Tether among the top 30 global gold holders. link
πŸ˜±πŸ€‘ Fear & Greed Index for #ETH
πŸ˜±πŸ€‘ Fear & Greed Index for #ETH
πŸ‡¨πŸ‡³πŸ•΅οΈ TRM Labs reports that Chinese-language guarantee marketplace Xinbi continues operating despite enforcement actions, with about $17.9B in total transaction volume. Unlike peers affected by Telegram crackdowns, Xinbi adapted by moving to new platforms and launching XinbiPay, allowing activity to continue. link
πŸ‡ΈπŸ‡¬πŸ¦ Singapore Gulf Bank (SGB) announced the launch of SGB Virtual Accounts, which provide enterprises with automated collections and cash management. This service combines collect-on-behalf-of (COBO) and pay-on-behalf-of (POBO) functions, allowing for unique structured account identifiers for different payers, invoices, or business units, with instant identification and real-time settlement to minimize reconciliation delays and manual processing. link
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βš–οΈ Question: When Binance founder Zhao pleaded guilty to violating anti-money laundering laws and was sent to prison, Binance injected billions into Trump's family business and Zhao received a pardon. Is that a conflict of interest?

Bessent: I'm unfamiliar with any of that. link
😁1
πŸ’΅ 250,000,000 #USDC (250,249,999 USD) minted at USDC Treasury link
πŸ’΅ 250,000,000 #USDC (250,249,999 USD) minted at USDC Treasury link
πŸ•΅οΈ Arthur Hayes closed all ENA, PENDLE, ETHFI, and LDO positions at a loss.

ENA:
Bought 15.8M at ~$0.23
Sold at ~$0.13 (loss ~$1.54M)

PENDLE:
Bought 1.4M at ~$2.06
Sold at ~$1.34 (loss ~$990K)

ETHFI:
Bought 2.15M at ~$0.74
Sold at ~$0.47 (loss ~$630K)

LDO:
Bought 2.3M at ~$0.56
Sold at ~$0.42 (loss ~$310K) link
πŸ•΅οΈ BlackRock just deposited another 2,268 $BTC ($155.94M) and 45,324 $ETH ($91.77M) to Coinbase Prime. link
πŸ’΅ Circle minted 250M $USDC on Solana.
πŸ•΅οΈ A gambler created a new wallet 0x15a4, deposited 5M $USDC into Hyperliquid, and opened a 20Γ— short on 30,000 $ETH ($60.76M).

Liquidation price: $2,143.38 link
πŸ•΅οΈ A Polymarket trader, 0x1D8A, spent $2.34M betting on the Seahawks to win the 2026 Super Bowl yesterday. He redeemed $3.41M within two hours, resulting in a profit of $1.07M. link
πŸ‡­πŸ‡°πŸ³ Tracing the Crypto Market Selloff: Hong Kong Hedge Funds, or TradFi Cross-Asset Whales?

Bitcoin’s early February 2026 drop to around $60,000 coincided with broader cross-asset deleveraging, fueling speculation about a large fund liquidation. While some attributed losses to ETF-based volatility strategies, others suggested a TradFi player unwinding cross-asset positions. However, industry insiders report no evidence of a major crypto fund collapse, indicating that macro pressure and ETF flows are amplifying the selloff amid low liquidity. #etf link
πŸ’° Michael Saylor's 'Strategy' bought 1,142 Bitcoin worth $78 million.