Super short positions betting against ETH starting from $2940 are gradually closing, with a remaining position of $16.45 million.

What to do after the crypto market crashes? Tom Lee provides a "new buying logic" for Bitcoin and Ethereum

Fundstrat Chief Investment Officer and Chairman of BitMine Immersion (BMNR) Tom Lee stated at the Hong Kong Consensus Hong Kong 2026 conference that investors should no longer obsess over precisely predicting market bottoms, but instead focus on identifying entry opportunities with risk-reward advantages during pullbacks. "What you should be thinking about is opportunity, not panic selling," he emphasized. Recently, the crypto market has come under renewed pressure. Bitcoin has retraced about 50% since reaching its all-time high in October 2025, marking one of the most significant corrections since 2022. On Wednesday, Bitcoin fell below $67,000, down approximately 2.8% in the past 24 hours; Ethereum also weakened, dropping to around $1,950, with a single-day decline of about 3%.

A certain whale pledges 60,073 ETH, valued at $117 million.

Odaily Planet Daily reports that according to Lookonchain monitoring, a certain whale (0x28eF) who bought 60,784 ETH (worth $126 million) three days ago has staked 60,073 ETH, valued at $117 million.

Whale 0x28eF Stakes 60,073 ETH Worth $117.08M After Recent Purchase

Gate News bot message, Whale 0x28eF staked 60,073 ETH valued at $117.08 million. Three days ago, this whale purchased 60,784 ETH worth $126 million. According to earlier reports from Lookonchain on February 8, 2026, the whale withdrew 60,784 ETH ($126 million) from centralized exchanges over a 30-h