A certain whale deposited 8.58 million USDC into Lighter and yesterday opened a 20x leveraged long position in BTC.

Five Years of Buying: Bitcoin Now Trades Below Saylor’s Cost Basis

_Bitcoin trades under $76K cost basis, but on-chain data shows no major selling pressure._ Bitcoin has fallen below the average purchase price of one of its largest corporate holders. After more than five years of steady accumulation, Michael Saylor’s aggregate position now sits underwater.

U.S. Spot Bitcoin and Ethereum ETFs Post Outflows, Solana ETFs See Inflows

U.S.-based Bitcoin and Ethereum ETFs experienced significant outflows totaling $175.1 million, primarily driven by BlackRock funds. In contrast, Solana ETFs saw small inflows, while XRP ETFs continued to see withdrawals.

Bitcoin's short-term Sharpe ratio reaches a new all-time high

PANews February 19 News, CryptoQuant posted on X platform that the short-term Sharpe ratio of Bitcoin has reached a record high, a level that is usually only seen in the generational buy-in zone. Previously, after each extreme negative reading, there was a strong rebound, reaching new highs.

UAE Sits on $344M Profit From $450M Bitcoin

_UAE mines $453.6M in Bitcoin with Citadel, holds most of it, and sits on $344M profit excluding energy costs._ The United Arab Emirates has mined approximately $453.6 million worth of Bitcoin through its partnership with Citadel, continues to hold the