cryptexa

Capitulation continues: several hedge funds have significantly reduced their positions in Bitcoin ETFs: Brevan Howard cut its stake by 85% (from 37.5 million to 5.5 million shares of iShares Bitcoin Trust). D. E. Shaw & Co. reduced its position by 52% (from 9.7 million to 4.7 million shares). Farallon Capital Management trimmed its holdings by 70%. Source: CF Benchmarks, Bloomberg.

Strategy purchased an additional 592 BTC for $39.8 million at an average price of $67,286 per coin. The company now holds 717,722 BTC acquired for a total of $54.56 billion, with an average purchase price of $76,020 per bitcoin.

Arthur Hayes shared details of his portfolio: Stocks: • Gold, silver, copper, uranium • Oil majors • Defense contractors • Latin American energy companies Cryptocurrencies: • BTC • ETH • ZEC • HYPE He also holds physical gold as part of his allocation strategy.

The Arizona State Senate has introduced bill SB 1649, proposing the creation of a Strategic Digital Assets Reserve Fund managed by the State Treasurer. Under the initiative, the fund could include digital assets seized or transferred to the state, as well as funds appropriated by the legislature. The Treasurer would be authorized to custody, invest, and even lend digital assets — provided such actions do not increase financial risks for the state. The bill also introduces a formal definition of the “fair value of cryptocurrency,” based on market and on-chain indicators. The proposal has been referred to committee, and no expected impact on the state budget has been declared at this stage.

📊 crypto prices: BTC ≈$65,047 ETH ≈$1,865 SOL ≈$77,81 BNB ≈$593 XRP ≈$1,34 Market cap ≈$2,23T Fear & Greed Index: 14 ("Extreme fear") Altseason Index: 31

Retail inflows (holders with less than 1 BTC) have dropped to a nine-year low. According to CryptoQuant analyst Darkfost, the average monthly inflow from this group on Binance has reached an “unprecedented level of inactivity” not seen since 2017. Over the past 30 days, inflows totaled around 384 BTC — a sharp contrast to January 2021, when nearly 2,700 BTC flowed onto the platform. The analyst also noted a daily spike in deposits driven by panic when Bitcoin approached the $60,000 level, indicating isolated cases of capitulation. At the same time, persistently low deposit levels on crypto exchanges suggest weak selling pressure, which can be viewed as a positive signal for the market.

Mining company Bitdeer, founded by Jihan Wu, reported that it sold all bitcoins mined and held over the past week — about 943.1 BTC (~$64 million). As of February 20, the company held no bitcoins on its balance sheet other than client deposits. In recent weeks, Bitdeer had been actively selling BTC, though previously in smaller volumes — typically only the coins it had just mined. By the end of last month, the company’s proprietary hash rate reached 63.2 EH/s. Bitdeer also surpassed MARA Holdings, becoming the largest publicly traded miner by hash rate.

Uniswap Labs announced that AI agents have gained seven new skills enabling automation of certain protocol operations. The seven capabilities, providing structured access to core actions within the Uniswap protocol, include: • v4 protocol security fundamentals • Configurator • Deployer • Integration with Viem • Swap integration • Liquidity planner • Swap planner These AI agents are designed to assist users in blockchain workflows. They can plan and prepare transactions, but they do not fully automate trading — users must still personally sign and submit transactions.

📊 crypto prices: BTC ≈$67,992 ETH ≈$1,973 SOL ≈$84,90 BNB ≈$622 XRP ≈$1,41 Market cap ≈$2,33T Fear & Greed Index: 14 ("Extreme fear") Altseason Index: 32

Outflows from U.S. spot Bitcoin ETFs extended for the fifth consecutive week. Over the past week, investors withdrew nearly $316 million from exchange-traded products, reducing total assets under management (AUM) to $85.3 billion. Ethereum ETFs showed a similar trend, losing more than $123 million over the same period. Combined AUM of Ethereum funds now stands just above $11 billion. Meanwhile, XRP- and Solana-based ETFs maintained positive inflows, attracting $1.84 million and $14.3 million respectively. However, the scale of these funds remains incomparable to Bitcoin and Ethereum products. Total investor capital in XRP ETFs is around $1 billion, while Solana-based ETFs hold just under $740 million.

The monthly transaction volume processed through the Bitcoin Lightning Network has surpassed $1 billion, according to data from River.

Vitalik Buterin outlined an ambitious plan to transform Ethereum into a network “rooted in cypherpunk principles — without looking ugly.” The initiative aims to: • Strengthen censorship resistance. • Improve usability and adoption of zero-knowledge (ZK) technology. • Enhance consensus efficiency. He also suggested that within the next five years, Ethereum smart contracts could receive a new programming language, signaling potential deep architectural and developer-experience changes for the network.

📊 crypto prices: BTC ≈$67,757 ETH ≈$1,960 SOL ≈$84,05 BNB ≈$625 XRP ≈$1,42 Market cap ≈$2,33T Fear & Greed Index: 14 ("Extreme fear") Altseason Index: 34

The Netherlands has banned Polymarket in the country. The Dutch gambling regulator has ordered the platform to immediately cease operations, stating that prediction markets qualify as illegal gambling services under local law. If the company fails to comply, it faces a fine of €420,000 per week, up to a maximum of €840,000. Regulators emphasized that such platforms “offer bets that are not permitted under any circumstances in the market” and pointed to “social risks,” including potential “influence on elections.”

Vitalik Buterin placed a $148,000 bet on Polymarket that the United States will not confirm the existence of aliens before 2027. Buterin is known for profiting from prediction markets with seemingly obvious outcomes, often betting on a logical “no.” Last year, he reportedly earned $70,000 on Polymarket using around $440,000 in capital.

Peter Schiff warned that if Bitcoin breaks below $50,000 - which he считает likely - the asset could next test $20,000. That would represent an 84% decline from its all-time high. He noted that while Bitcoin has experienced similar drawdowns before, the stakes are now much higher: unprecedented hype, significant leverage in the system, a large number of institutional investors, and a much bigger market capitalization.

📊 crypto prices: BTC ≈$67,492 ETH ≈$1,943 SOL ≈$83,51 BNB ≈$609 XRP ≈$1,40 Market cap ≈$2,32T Fear & Greed Index: 12 ("Extreme fear") Altseason Index: 33

In 2025, Bitcoin holders with a holding period of 3–5 years moved more than 1.3 million BTC. This marks one of the largest redistribution phases in history involving long-term holders, signaling a significant shift in previously dormant supply.

Bank of America has increased its stake in BitMine nearly 17-fold — up to 3.1 million shares. BitMine, associated with Tom Lee, is currently the largest corporate holder of ETH.

The Ethereum Foundation has published its roadmap for 2026, outlining three key development priorities: 1.Scale • Increase the gas limit to 100M+. • Expand throughput for L2 networks. • Prepare for parallel transaction execution. 2. Improve UX • Introduce native smart wallets at the protocol level, enabling usage without third-party services or intermediaries. • Simplify interoperability between different L2 blockchains. 3. Harden the L1 • Strengthen overall network security. • Enhance censorship resistance. • Prepare for quantum threats and future cryptographic upgrades. The next major upgrade is scheduled for the first half of 2026.