ETH drops below 2000 USDT

Harvard Buys $87M in Ethereum ETF, Cuts Bitcoin Stake

Harvard University has heavily invested in Bitcoin ETFs, totaling over $350 million, while also acquiring $87 million in Ethereum. Despite recent downturns in crypto prices, its stake in digital assets remains significant compared to traditional stocks.

Yesterday, US Bitcoin spot ETFs experienced net outflows of $133 million, while Ethereum ETFs saw net outflows of $41.8 million.

According to Farside Investors monitoring, on February 19, the US Bitcoin spot ETF experienced net outflows of $133.3 million, and Ethereum spot ETF saw net outflows of $41.8 million, mainly concentrated in products from BlackRock and Fidelity.

Data: If ETH breaks through $2,069, the total liquidation strength of mainstream CEX short positions will reach $955 million.

ChainCatcher reports that, according to Coinglass data, if ETH breaks through $2,069, the total liquidation strength of long positions on major CEXs will reach $955 million. Conversely, if ETH drops below $1,874, the total liquidation strength of short positions on major CEXs will reach $404 million.

Project Hunt: Web3 Loyalty Reward Platform RoveWorld for the projects unfollowed the most by top figures in the past 7 days

According to RootData, the Web3 loyalty rewards platform RoveWorld was unfollowed the most by top figures on X (Twitter) in the past 7 days, including influential personalities like zac.eth and Jakey. Additionally, Hydration and Polymarket also experienced a significant number of unfollows.

Vitalik laments that the prediction market has gone astray, turning into a short-term gambling tool, and calls for rebuilding long-term societal value

Ethereum co-founder Vitalik Buterin expresses concern over the short-termism in the current prediction markets, criticizing the market's obsession with gambling behavior, and calls for a transformation into a long-term hedging tool. He believes this will enhance the social value and credibility of prediction markets. He suggests integrating personalized hedging strategies and restructuring the market framework to better address real-world risks.