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Quick Take Barstool Sports founder Dave Portnoy appears to have mistakenly invested nearly $170,000 worth of Solana buying a random LIBRA token, not the one grabbing headlines in recent days. The LIBRA token Portnoy purchased, which has a different contract address than the memecoin famously linked to Argentinian President Javier Milei, shot up in price after the memecoin trader bought it. Portnoy could lose more than half of what he paid for the illiquid token if he liquidates his position.
Quick Take Buyers of Trump-branded watches, fragrances, sneakers or digital collectible cards may be eligible for a TRUMP memecoin airdrop. Users will get three TRUMP tokens no matter how many products they purchased, as long as they bought the items before Feb. 15.
Quick Take Argentinian President Javier Milei faces fraud charges over his involvement in the Solana-based LIBRA memecoin, which collapsed 95% from its peak. An Ethereum user burned 500 ETH ($1.38 million) on Monday and 603.38 ETH ($1.67 million) in total over the past seven days to spread bizarre warnings about alleged “brain control” technology via onchain messages.
Quick Take Standard Chartered, Animoca Brands and HKT have teamed up to issue a Hong Kong dollar-backed stablecoin. The initiative comes as Hong Kong prepares to pass a bill regulating stablecoins.
About 500 ETH ($1.37 million) was sent to the Ethereum burn address. An accompanying cryptic message accused Kuande Investment executives of misconduct. The same address previously made significant donations to WikiLeaks and a Ukraine donation address.
SOL is predicted to soar to as much as $1,000 in the near future. XRP and ETH have also formed technically bullish setups in their price action. ADA is also forecasted to claim $1 as the broader market remains sluggish.
Fed’s hawkish stance and unexpected inflation data drove digital asset outflows, with Bitcoin and Ethereum taking major hits.
- 13:08A Fartcoin Whale Achieves $1.4 Million Profit from House Token InvestmentAccording to Lookonchain, a Fartcoin whale invested 270,000 Fartcoin (approximately $121,400) to purchase 20.4 million House tokens 26 days ago. With the surge in House prices, this holding is now valued at about $1.51 million, yielding a floating profit of $1.4 million.
- 13:08Data: A new address withdrew 64.66 million JELLYJELLY from Gate, approximately $2.46 millionAccording to on-chain analyst @ai 9684xtpa, new address 3yJr3...YHhL3 withdrew 64.66 million JELLYJELLY valued at approximately $2.46 million from CEX 3 hours ago. Over the past four days, a total of 107 million tokens have been accumulated at an average price of $0.03243, with a total value of approximately $3.49 million; JELLYJELLY has risen over 15% in the past 24 hours, now showing an unrealized profit of $593,000 for this portion.
- 13:07Data: A Whale Missed Nearly $2 Million in Gains by Selling House Tokens Too EarlyAccording to The Data Nerd, 27 days ago, the address GPM6s purchased 30.2 million House tokens for $18,300 and sold them for $135,000, making a profit of approximately $117,000 (a return on investment of 6.4 times). If held until now, the investment would be worth $1.95 million, with potential gains of around $1.93 million (a return on investment of 105 times).