Binance Wallet will distribute an Alpha airdrop at 13:00 UTC today, the company announced. Users holding at least 241 Alpha points can claim tokens on a first-come, first-served basis until the pool is depleted or the campaign ends. Additional details will be released later, the announcement said.

Stablecoin issuer Tether expanded its gold reserves to roughly 148 tons worth about $23 billion as of Jan. 31, placing it among the world's top 30 gold holders and above several sovereign states, a Feb. 9 Jefferies report cited by CoinDesk shows. The firm added about 26 tons in Q4 2024 and roughly 6 more tons in January, with quarterly purchases trailing only a few central banks including Poland and Brazil, and now exceeding reserves of Australia, the UAE, Qatar, South Korea and Greece. The gold primarily backs Tether's USDT stablecoin and gold-linked token XAUT; Jefferies noted that as a private company, Tether may disclose only minimum figures, while CEO Paolo Ardoino previously said the firm plans to allocate 10%–15% of its portfolio to physical gold.

An onchain ETH whale (address 0xa5b…) fully closed a long position of roughly 60,040 ETH on Feb. 9, realizing an estimated loss of about $9.63 million, HyperInsight data show. The whale had held the position for around two months with an average entry price near $2,500 and a peak value close to $125 million; unrealized losses exceeded $24 million on Feb. 6, nearing liquidation despite multiple attempts to average down. Following the recent market rebound, the whale exited for a stop loss and opened a new ETH short at about 15x leverage with an average entry price near $2,086, currently valued at roughly $28.6 million. The address continues to add marginally to the short, with a remaining margin balance of about $34.8 million at the time of reporting.

Yi Lihua sold approximately 440,000 Ethereum on February 6, including nearly 60,000 ETH between 9 p.m. and midnight, Tencent Finance reported February 9. He had sold about 190,000 Ethereum in the first four days of February and still held 460,000 ETH after reportedly pausing sales on February 5, despite writing on February 4 that he was optimistic about the bull market. An unnamed Hong Kong-based fund started buying on February 6 at an undisclosed scale, according to sources cited by Tencent Finance.

On-chain data from Coinbob's hot address tracker show Hyperliquid early contributor Loracle realized about $11.5M in profit within a week by holding long HYPE positions and swing trading BTC and ETH, with account equity climbing from under $7M to roughly $41.1M in less than a month on a single $7.44M deposit. The address currently holds the largest HYPE long and largest BTC short on Hyperliquid, running a 5x HYPE long worth around $48.52M at an average price of $24.37 with about $12.46M in unrealized profit, a 20x BTC short of roughly $43.15M at around $70,073 with about $510,000 in unrealized loss, and a 20x ETH short of about $10.15M at around $2,056 with some $140,000 in unrealized profit. Loracle executed four swing trades in BTC and ETH over the weekend, earning $6.37M on short positions then $3.82M after flipping long, and has recently continued opening new BTC and ETH shorts while accumulating HYPE perpetuals at an average entry near $22. Loracle, whose X handle is loraclexyz and original name is Laurent Zeimes, is also the founder of Hypurrfun and an active participant in the Hyperliquid ecosystem.

A newly created wallet purchased 74.5 million WLFI tokens worth approximately $8.45 million on Feb. 9, TheDataNerd data show. The wallet withdrew 10 million USDC from Coinbase earlier that day to acquire the WLFI tokens.

Cryptocurrency projects are scheduled to unlock more than $278 million worth of tokens over the next seven days, according to Tokenomist data reported by Wu Blockchain. The scheduled events include single token unlocks for AVAX, APT, and STRK, as well as linear unlocks for SOL, DOGE, and WLD, which will increase the circulating supply of these assets.

Machi Big Brother Huang Licheng closed HYPE long positions and increased his ETH long position to 4,600 ETH, worth about $9.46 million, on Feb. 9, HyperInsight data cited by BlockBeats show. The ETH position has an average entry price of $2,068.6 and a liquidation price of $2,023.5.