Key Market Intelligence from February 8th, How Much Did You Miss Out On?
Top News
1. Yesterday's U.S. Bitcoin Spot ETF Sees $171 Million Net Inflow
2. Zhu Su: Closed BERA Short Position, Switched to Long ETH
3. Trump: DeepSeek Poses No Security Threat, U.S. Can Benefit from Its Innovation
4. U.S. Bond Yields Close Mixed This Week, CPI to Be Released Next Week
5. Whale Address Bets on TRUMP Rebound, Bought 95,000 TRUMP Tokens 4 Hours Ago
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
[STORYPROTOCOL] Today's discussion about STORYPROTOCOL mainly focused on the unveiling of its tokenomics and the upcoming $IP token, which aims to revolutionize blockchain-based intellectual property management. The community is excited about its fair distribution model, with 58.4% of the tokens allocated to the ecosystem and community, and the $IP token is expected to be used for governance and staking. Due to STORYPROTOCOL's unique approach to IP tokenization and support from prominent investors like a16z, the project has garnered widespread attention. Additionally, the community is actively discussing the rewards that proactive participants and 'yappers' may receive, as well as strategic partnerships and initiatives that STORYPROTOCOL is undertaking to drive ecosystem growth.
[KAITO] Today's discussion about Kaito primarily centered around its yapper program and collaborations with key industry projects, notably its partnership with Story Protocol, expected to reward active participants. The community is actively engaging in content creation and interaction to maximize their Yaps, reflecting KAITO's increasing influence in the crypto space.
[COINBASE] Coinbase has become the focal point of today's discussion due to several key events. The platform announced the listing of Solana's meme coins $PENGU and $POPCAT for spot trading, sparking widespread attention. Additionally, Coinbase's CEO Brian Armstrong was mentioned in a viral text exchange with Kanye West, where Kanye expressed a desire to engage in crypto transactions bypassing intermediaries. The CFTC announced the launch of a digital asset market pilot program, with Coinbase as one of the participants, further highlighting the company's involvement in regulatory advancements. All these developments, along with discussions about Coinbase's potential growth and strategic partnerships, have boosted its visibility and engagement on social media.
[MONAD] Today's discussion about MONAD has focused on its growing community and ecosystem, with anticipation building for its upcoming testnet launch. The community has been praised for its supportive culture and innovative projects, including NFTs and decentralized applications (dApps), expected to drive widespread adoption. MONAD's unique execution system and consensus mechanism have also garnered attention for their ability to efficiently process a high volume of transactions. The anticipation for MONAD's development is reflected in its growing mindshare, with community members actively engaged in driving its vision and potential.
[SOLAYER] SOLAYER has captured extensive attention on Twitter due to its upcoming airdrop and token generation event (TGE) scheduled for February 11. The airdrop eligibility check tool is now live, allowing users to verify if they qualify for the $LAYER token airdrop. The project has allocated 12% of the total supply for the airdrop, with no vesting period, making all tokens available at TGE. The community is excited about SOLAYER's potential, as SOLAYER is developing InfiniSVM, which is the next-generation blockchain architecture. Discussions have also focused on the project's tokenomics, with a total supply of 1 billion $LAYER tokens and an initial circulating supply of 220 million tokens.
Threads & Tweets
1. VC Returns, @YettaSing
2. Web3 Team Composition, @0xAikoDai
Featured Articles
BlockBeats
Musk collaborated with Trump to establish the "Department of Government Efficiency" (DOGE), under the guise of "streamlining the government," to drive radical reform. Its core goals include reducing government spending, digitizing the bureaucratic system, and using algorithms to replace human decision-making. The high-profile shutdown of the USAID operation has also exposed the true face of the previously mysterious DOGE group members, and this may only be the beginning as the power map of the U.S. federal government is rapidly being reshaped.
2.《BTC Trading Sideways, Altcoins at New Lows - Is the Bull Market Over? | Trader's Observation》
BlockBeats
Since Trump took office, there has been no significant policy promotion for the cryptocurrency market, except for the family WLFI fund continuously buying coins, with some scandals suggesting a "possible collusion with projects" relationship; Trump's son called for buying ETH, and the fund "allegedly quietly dumped ETH." Trump's government pressure on the SEC to lower rates also had no impact, and government entities such as the established cryptocurrency committee have been all talk and no action.
Top Gainers & Losers
Token price movements on February 8, sorted by trading volume
Top Gainer
1.$POPCAT
2.$UXLINK
3.$BRISE
Top Loser
1.$BERA
2.$MOVE
3.$ARC
On-chain Data
On-chain Fund Movement on February 8th
You may also like
Galaxy Deep Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Landscape of Prediction Markets?
ZachXBT: Humanity private key leak and abnormal surge in H token should be viewed separately
On June 9, according to related disclosures, on-chain investigator ZachXBT posted an update on Humanity’s roughly $31 million security incident, saying that after further analyzing fund flows, he currently tends to believe the project team was not involved in an “inside job” or a self-staged attack. According to him, the official explanation about the private key leak was broadly accurate, but before the token unlock, the price of H had been artificially pushed higher, and the hacker later took advantage of that market environment; therefore, the private key leak and the earlier abnormal price pumping should be regarded as two separate and independent events. This reframing has shifted the market’s understanding of the nature of the incident. Earlier discussion around Humanity had focused on whether the team directly participated in the attack or used the security incident to cover up internal operations. ZachXBT’s latest remarks shift the focus from “whether it was self-theft” to “whether there were pre-unlock market structure issues.” He also questioned whether the team may have.
Morning Report | OpenAI has submitted an S-1 registration statement draft to the U.S. SEC; Morpho completes $175 million financing
Morning Report | BitMine increased its holdings by 126,971 ETH last week; trader Eugene announced his exit from the crypto market
Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times profit by investing in storage stocks? (Seven) - A quarter-century cycle
Cryptocurrency CEXs are flocking to sell US stocks, and traditional brokerages are facing an "uninvited guest."
$75 billion in foreign capital has fled, and South Korean retail investors have absorbed it all using leverage
Japan’s Three Megabanks Plan Joint Stablecoin Issuance in Fiscal 2026
MUFG, SMBC, and Mizuho reportedly plan to jointly issue fiat-pegged stablecoins in fiscal 2026, signaling Japan’s growing push into bank-led digital payment infrastructure.
Humanity Discloses H Token Dual-Chain Attack Details, With Losses on Ethereum and BSC Exceeding $36 Million
Humanity said the H token attack across Ethereum and BSC caused more than $36 million in losses after leaked ProxyAdmin keys enabled malicious contract upgrades and token minting.
White House Discusses CLARITY Act With Law Enforcement Ahead of Senate Vote
The White House discussed the CLARITY Act with law enforcement ahead of a Senate vote, focusing on illicit finance risks and developer protections.
Bitcoin Trading Guide 2026: Strategies for Experienced Traders
What Is XAUT and PAXG? Why Tokenized Gold Is Booming in 2026
Will the SpaceX IPO Hurt Bitcoin? Here's What Traders Are Watching
Foreign selling in the South Korean stock market accelerates, with cumulative net sales reportedly reaching $75 billion this year
On June 9, The Kobeissi Letter, citing Goldman Sachs data, reported that global investors are selling South Korean stocks at an unusually rapid pace. In the latest trading session, foreign investors sold about $801 million worth of Kospi constituent stocks again; total foreign outflows last week reached about $10 billion, and the market has been in net foreign selling on nearly every trading day over the past month. According to the data cited in the report, foreign investors have sold about $75 billion worth of South Korean stocks so far this year. Meanwhile, South Korean retail and institutional investors together recorded roughly $69 billion in net buying over the same period, suggesting that the market’s main buying support has come from domestic capital rather than returning overseas funds. The information currently disclosed still mainly comes from The Kobeissi Letter’s retelling and Goldman Sachs data summaries, while public details on the statistical period and the specific definition of “selling” remain relatively limited.
Fortune Warns of Strategy’s Financing Structure Risks as Bitcoin Premium Narrows
Fortune warned that Strategy’s Bitcoin treasury model faces growing financing risks as MSTR’s net asset premium narrows and preferred stock dividend pressure increases.
Ferrari Challenge Le Mans: Carl Moon to Dominate in WEEX Livery
Sahara AI Responds to SAHARA’s Sharp Drop: No Contract or Product Security Issues Found, Internal Investigation Underway
Sahara AI responded to SAHARA’s 60% price drop, saying no token contract or product security issues have been found and an internal investigation is underway.
WEEX Deposit/Withdrawal Dynamic Island: Your Asset Status, Always in Sight
Galaxy Deep Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Landscape of Prediction Markets?
ZachXBT: Humanity private key leak and abnormal surge in H token should be viewed separately
On June 9, according to related disclosures, on-chain investigator ZachXBT posted an update on Humanity’s roughly $31 million security incident, saying that after further analyzing fund flows, he currently tends to believe the project team was not involved in an “inside job” or a self-staged attack. According to him, the official explanation about the private key leak was broadly accurate, but before the token unlock, the price of H had been artificially pushed higher, and the hacker later took advantage of that market environment; therefore, the private key leak and the earlier abnormal price pumping should be regarded as two separate and independent events. This reframing has shifted the market’s understanding of the nature of the incident. Earlier discussion around Humanity had focused on whether the team directly participated in the attack or used the security incident to cover up internal operations. ZachXBT’s latest remarks shift the focus from “whether it was self-theft” to “whether there were pre-unlock market structure issues.” He also questioned whether the team may have.
Morning Report | OpenAI has submitted an S-1 registration statement draft to the U.S. SEC; Morpho completes $175 million financing
Morning Report | BitMine increased its holdings by 126,971 ETH last week; trader Eugene announced his exit from the crypto market
Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times profit by investing in storage stocks? (Seven) - A quarter-century cycle
Cryptocurrency CEXs are flocking to sell US stocks, and traditional brokerages are facing an "uninvited guest."
