A certain address has purchased 3,667 ETH, and the total ETH holdings have now exceeded $220 million.

Big Brother Ma Ji liquidated at $27 million, and the new Spring Festival movie investment for "Kung Fu" also resulted in losses

Blockchain monitoring organization Onchain Lens data shows that well-known investor Machi Big Brother (Huang Licheng, Machi Big Brother) was fully liquidated from Bitcoin and Ethereum long positions during the market turbulence on February 23 when Bitcoin fell below the $65,000 mark, resulting in a total loss exceeding $27 million. The New Year film he invested in, "Kung Fu," also ended up losing money.

Vitalik Buterin Sells 1,869 ETH for $3.67 Million Amid Ongoing Price Decline, Citing Ecosystem Funding Plan

Ethereum co-founder Vitalik Buterin has sold 1,869 ether (ETH) valued at approximately \$3.67 million over a 48-hour period ending February 24, 2026, as part of a previously announced strategy to fund ecosystem development and open-source initiatives during a period of "mild austerity" at the Ethereum Foundation. On-chain data tracked by blockchain analytics firm Lookonchain shows Buterin withdrew 3,500 ETH from the lending protocol Aave before executing the sales via decentralized exchan

On-chain ETH maximum long floating loss has expanded to approximately $12 million, with recent additional purchases bringing the total position size to $127 million.

According to Coinbob monitoring, the largest on-chain ETH whale currently holds ETH long positions with 15x leverage, with an unrealized loss of $11.8 million and a loss of 138%. Its holdings amount to approximately 70,000 ETH, with a total value of $127 million, and an average price of $1,991. Recently, it increased its position by 10,000 ETH at $1,880, with a total deposit of $55 million. The account funds are approximately $34.3 million. This whale employs a high-selling, low-buy trading strategy.

Gate Research Institute: Vitalik has sold 10,700 ETH this month | AI disrupts traditional business models IBM plunges 11%

Cryptocurrency Market Overview BTC (-2.53% | Current Price 63,165 USDT): Influenced by factors such as Trump's 15% global tariffs and weak ETF capital flows, Bitcoin briefly dropped to the $64,200 to $64,400 range in the past 24 hours. On Sunday evening, Bitcoin's price fell more than 5% within just a few hours. The whale ratio on exchanges has risen to approximately 0.64, the highest level since 2015, indicating that large holders are sending tokens to exchanges for selling during price declines. As the price retraces within the short-term structure, the market appears to lack strong upward momentum. Currently, Bitcoin may continue to consolidate broadly between the $60,000 support zone and the $75,000 resistance zone. Only a breakout of either boundary can establish the next sustained trend in one direction.

AI panic impacts the crypto market: ETH, SOL, XRP all decline collectively, with increased downward pressure as BTC consolidates sideways

On February 24, news reports indicate that the crypto market came under pressure due to the intensification of the "Artificial Intelligence Panic Trading" and worsening macro risk sentiment. Ethereum, Solana, and Ripple experienced continued declines, with major cryptocurrencies generally recording an 8% to 11% correction over the week. Bitcoin briefly dropped to approximately $62,900, down about 2.1% for the day, with a weekly decline of 7.5%. Its price remains confined within the $60,000 to $70,000 range established after the early February surge, and the market is more inclined to view this as a consolidation zone rather than a clear bottom. Altcoins performed significantly weaker than Bitcoin. Ethereum's price fell to around $1,829, with a weekly decline of about 8%; XRP dropped over 10%, SOL declined more than 11%, and Dogecoin approached a double-digit correction. Mainstream altcoins weakened in tandem, reflecting a decline in market risk appetite, with insufficient buying interest outside of Bitcoin and more cautious capital allocation.

BitMine Acquires Additional 51,162 ETH Amid Price Decline, Expanding Holdings to 4.42 Million Tokens

BitMine Immersion Technologies (NYSE American: BMNR) purchased 51,162 Ethereum (ETH) for approximately $98 million during the week ending February 22, 2026, increasing its total holdings to 4,422,659 ETH, according to a company statement released Monday. The Las Vegas-based firm now controls 3.66% of Ethereum's total 120.7 million circulating supply, with an estimated \$16.4 billion invested in its treasury position currently valued at approximately \$8.4 billion, resulting in unrealize