Planetary Noon Brief｜February 16

1. A whale incurred losses exceeding $11.87 million on Hyperliquid, holding 20x leveraged long positions on ETH and SOL.

2. A whale holding $166 million worth of ETH withdrew 19,820 ETH from Binance and OKX.

3. YZi Labs: Has submitted an amended preliminary consent letter to the SEC.

4. DefiLama Founder: Projects that issue tokens have a 50% higher probability of dying after achieving PMF compared to those that don't.

5. Coinbase CEO: Retail investors on the platform have been consistently buying the dip under the current market conditions.

6. An address associated with Justin Sun withdrew $4.07 million worth of LIT from Lighter and transferred it to HTX.

7. Kevin O'Leary awarded $2.8 million in defamation case against crypto influencer Ben 'BitBoy' Armstrong.

8. An address engaged in swing trading 9 times with only 1 profitable trade, accumulating a loss of $1.432 million over six months.

9. Spot gold price fell below $5,000 per ounce.

10. Grayscale: Filed to convert Aave trust into an ETF.

11. A whale went long on 100,000 ETH, currently facing an unrealized loss of $5.852 million.

12. A new address spent $2.75 million to purchase 21.11 million WLFI tokens.

13. Machi Big Brother holds 25x leveraged long on ETH and 10x leveraged long on HYPE, currently facing losses exceeding $27.9 million.

14. Michael Saylor: Plans to equity-ize $6 billion in convertible debt within 3 to 6 years.

15. Upbit to launch Bittensor (TAO) spot trading.