Odaily According to on-chain data, an early ETH investor has awakened after 10.6 years of dormancy and attempted to transfer 1 ETH to Gemini, but the transaction failed. Their initial investment of $443 during the ICO for 1,430 ETH is now worth $2.81 million, representing a return of 6,335x.

Odaily News Upbit will launch Bittensor (TAO) spot trading, offering KRW, BTC, and USDT markets.

Odaily News Michael Saylor, founder of MicroStrategy, revealed that the company plans to equity-ize its $6 billion in convertible debt within 3 to 6 years. The company stated in a post on platform X that even if the price of BTC falls to $8,000, MicroStrategy still has sufficient assets to fully cover its debt.

Currently, the company holds 714,644 BTC, with a reserve value of $49 billion, and its convertible debt is approximately $6 billion. MicroStrategy's average Bitcoin purchase price is around $76,000. Based on the current trading price of $68,400, the company's investment is currently at a loss of about 10%. Furthermore, Saylor posted MicroStrategy's accumulation chart on platform X on Sunday, hinting at another Bitcoin purchase, which would mark the company's 12th consecutive week of buying. (cointelegraph)

Odaily News According to Onchain Lens monitoring, Machi (@machibigbrother) has opened a 10x leveraged long position on HYPE and continues to hold his 25x leveraged long position on ETH. Despite maintaining a bullish stance, Machi (@machibigbrother) continues to face losses, with the total loss currently exceeding $27.9 million.

Odaily News: Cryptocurrency asset management firm Grayscale has filed an S-1 registration statement with the SEC, planning to convert its Aave Trust into the Grayscale Aave Trust ETF. The fund is slated to list on NYSE Arca under the ticker symbol "GAVE," with a management fee of 2.5%. Coinbase will serve as its custodian and prime broker. Previously, Bitwise also applied to launch a similar Aave ETF. (cointelegraph)

According to an analysis by Greg Cipolaro, Head of Research at NYDIG, there is a divergence in sentiment between US institutional investors and offshore traders in the Bitcoin market. Currently, the annualized basis for CME Bitcoin futures is higher than that of offshore exchange Deribit, indicating that US institutions such as hedge funds are still willing to pay a premium to maintain long positions, while interest in leveraged long-term exposure in offshore markets has significantly declined.

Addressing previous market rumors that "quantum computing threats" caused Bitcoin to drop to $60,000, NYDIG believes the data does not support this logic. Recent Bitcoin price movements have shown a positive correlation with quantum computing-related stocks like IONQ and D-Wave, rather than an inverse divergence. If quantum computing posed a genuine targeted threat, the related stocks should have risen as Bitcoin fell. The current synchronized decline reflects a broader decrease in market risk appetite for long-term growth assets. Furthermore, Google Trends data shows that increases in related search volume typically follow price increases, not declines, suggesting the topic stems more from market hype than panic selling. (CoinDesk)

According to SoSoValue data, during this week's trading sessions (February 9 to February 13, Eastern Time), Ethereum spot ETFs saw net outflows of $161 million.

The Ethereum spot ETF with the largest net outflow this week was BlackRock's ETF ETHA, with a weekly net outflow of $113 million. ETHA's cumulative historical net inflow currently stands at $11.98 billion. Following that was Fidelity's ETF FETH, with a weekly net outflow of $40.75 million. FETH's cumulative historical net inflow currently stands at $2.47 billion.

The Ethereum spot ETF with the largest net inflow this week was Grayscale's Ethereum Mini Trust ETH, with a weekly net inflow of $49.90 million. ETH's cumulative historical net inflow currently stands at $1.71 billion.

As of the time of writing, the total net asset value of Ethereum spot ETFs is $11.72 billion. The ETF net asset ratio (the proportion of ETF market value relative to Ethereum's total market capitalization) has reached 4.75%, and the historical cumulative net inflow has reached $11.65 billion.

Odaily News According to data from SoSoValue, Bitcoin spot ETFs experienced net outflows of $360 million during this week's trading sessions (February 9 to February 13, Eastern Time).

The Bitcoin spot ETF with the largest net outflow this week was BlackRock's ETF IBIT, with a weekly net outflow of $235 million. IBIT's cumulative historical net inflow currently stands at $61.61 billion. Following that was Fidelity's ETF FBTC, with a weekly net outflow of $125 million. FBTC's cumulative historical net inflow currently stands at $10.98 billion.

The Bitcoin spot ETF with the largest net inflow this week was Grayscale's Bitcoin Mini Trust BTC, with a weekly net inflow of $110 million. BTC's cumulative historical net inflow currently stands at $2.05 billion.

As of the time of writing, the total net asset value of Bitcoin spot ETFs is $87.04 billion. The ETF net asset ratio (market value as a percentage of Bitcoin's total market capitalization) has reached 6.33%, with a historical cumulative net inflow of $54.33 billion.

Odaily News: CZ responded to targeted FUD within the community on X, stating: "Last year, Western competitors bought media to smear me more. This year, a Chinese competitor has been spending money to run smear campaigns (black ads) against us. There is competition from other players in the Asia-Pacific region, but it has been relatively professional. How can the token price rise if the community is divided? Focus on building."