A whale reduced a 105,000 ETH long position by 28,000 ETH over the past 24 hours, booking a $1.263 million profit at an average close of $2,094.02, Auntie AI data show. The whale still holds 32,000 ETH and has a 3,000 ETH limit sell order at $2,100–$2,110; across two addresses, the combined long position totals 77,000 ETH worth $160 million.

Whale address 0x6C8 returned to profit on its ETH 20x long position on Feb. 15 with $24,800 in gains, Onchain Lens data show. The address had previously incurred losses exceeding $3.5 million after opening the leveraged position on Feb. 11. It currently holds a long position valued at $93.79 million.

A whale closed 28,000 ETH from a 105,000 ETH long position over the past 24 hours, booking $1.263 million, ChainCatcher reports. The address still holds 32,000 ETH with an unrealized profit of $1.193 million. Across two addresses, the whale's long positions total 77,000 ETH worth $160 million.

Ju.com will launch the second phase of its Spring Festival 20% discount new token offering dedicated to ETH, with subscriptions open from February 15, 16:00 to February 16, 16:00 (UTC+8), ChainCatcher reports. The round maintains the 20% discount with no lockup and spot delivery upon receipt; assets can be sold or withdrawn immediately, and settlement is expected to credit users' spot accounts within 30 hours after the subscription ends. Participants can subscribe using USDT, BTC, ETH or JU and are eligible for platform bonus rewards; each successful subscription grants one free spin on a 100% win lottery wheel with guaranteed prizes, including chances to win physical gold bars. Ju.com said the first-phase 20% discount BTC offering concluded yesterday with over 10,000 participants and nearly $60 million raised, about 740% above its target, and that the "TenPart Series" will allocate $100 million across ten rounds, launching one every two days with $10 million per round and covering leading cryptocurrencies and selected high-quality new projects.

DeFi derivatives platform Polynomial will discontinue Polynomial Chain and Polynomial Trade after halting operations on Feb. 14, entering a structured wind-down phase, PANews reports. The protocol has set Feb. 18 for forced liquidations, will shut its liquidity layer on Feb. 24, and plans to stop all chain operations on March 3. Polynomial has also scrapped its previously scheduled token generation event for the first quarter of 2026, saying it does not want to issue tokens for a product that is shutting down. The team said it will retain participant data and grant early supporters priority access to future offerings from a new entity.

XRP exchange-traded funds held assets above $1.2 billion, while Bitcoin and Ethereum ETFs saw combined net outflows exceeding $500 million on Feb. 12. Outflows from Ripple ETFs remained minimal despite broader market declines. Ripple CEO Brad Garlinghouse said the company could be worth $1 trillion.

Sui Group Holdings chief investment officer Stephen Mackintosh and Mysten Labs CEO Evan Cheng said institutional demand for crypto has accelerated, with Mackintosh calling 2025 a landmark year for institutional adoption at Consensus Hong Kong 2026. Mackintosh cited the boom in digital asset treasury vehicles, the success of spot bitcoin ETFs, record options volumes, and the entry of firms such as Citadel and Jane Street into crypto markets; he added that demand and awareness increased following the Genius Act, particularly around tokenization and stablecoins. Cheng contrasted settlement on T+1 or later in traditional products with T+0 in DeFi, saying tokenization and instant settlement allow investors to acquire an asset and immediately use it as collateral or layer on DeFi strategies. Both executives highlighted Sui architecture with low latency and high throughput, developed by former Facebook engineers behind Libra, as suited to tokenized finance and agentic commerce at the intersection of AI and onchain transactions.

Circle issued approximately $8.4 billion in USDC and redeemed approximately $5.8 billion in the seven days ending Feb. 12, increasing circulating supply by about $2.6 billion, ChainCatcher reports. USDC's total circulation stands at $73.1 billion, backed by reserves of approximately $73.4 billion: about $42.9 billion in overnight U.S. Treasury reverse repos, about $19.8 billion in U.S. Treasuries maturing within three months, about $10.1 billion in deposits at systemically important institutions, and about $600 million in other bank deposits.

USDC supply increased by approximately $2.6 billion in the week ended Feb. 12, with issuance of about $8.4 billion and redemptions of $5.8 billion, Circle data show. As of Feb. 12, total circulation stood at around $73.1 billion, backed by reserves valued at approximately $73.4 billion.