According to Huoxun Finance on February 21, OnchainLens monitoring shows that "1011 Insider Whale" has sold approximately 60% of his BTC holdings. Since depositing 11,318 BTC (worth approximately $760.61 million) into Binance, he has withdrawn $464.48 million in USDT from seven newly created addresses. Currently, his BTC holdings on Binance are worth approximately $296 million, and further actions may follow.

Huoxun Finance News, February 21 – According to Hong Kong media outlet Orange News, practitioners in Hong Kong's virtual asset and related businesses are facing sudden changes in compliance requirements. According to Chan Chi-wah, Chairman of the Hong Kong Securities and Futures Professionals Association, applicants for virtual asset license upgrades and responsible personnel (ROs) who have already obtained upgrade qualifications are required to take a virtual asset regulatory exam administered by a single organization. Furthermore, the exam is bundled with the organization's courses, course materials cannot be easily reviewed, and registration and technical support are chaotic. It is understood that this requirement was not issued through official documents or public guidelines, but rather through verbal communication or individual emails, lacking transparency and fairness. This increases compliance costs for practitioners, impacts business development, and the lack of a public consultation mechanism means policy-making lacks frontline feedback. The Hong Kong Securities and Futures Professionals Association recommends maintaining the existing additional 5 hours of Continuing Professional Training (CPT) and urges regulatory authorities to immediately suspend the use of implicit policies to enforce the exam requirements, establish a transparent consultation mechanism, and incorporate stakeholder opinions into policy-making to ensure feasibility and market fairness.

According to Huoxun Finance on February 21, a newly created address is suspected of accumulating 27,721.51 ETH in the past 24 hours, worth $54.23 million, with an average withdrawal price of $1,956.34, and currently has a floating profit of $342,000.

According to Huoxun Finance on February 21, multiple wallets are selling AAVE tokens. Six different wallets sold $1.3 million worth of AAVE yesterday. Analysis indicates that these wallets appear to be unrelated to each other: some wallets had previously purchased AAVE tokens, some were withdrawing from DeFi platforms, and others were receiving tokens from the team's wallet address.

Huoxun Finance reported on February 21 that Nakamoto, a Bitcoin treasury company, announced on the X platform that it has signed a definitive agreement to acquire Bitcoin media and event provider BTCInc and investment company UTXO Management (UTXO). According to the merger agreement, the transaction will be paid for in Nakamoto common stock. Holders of securities in BTCInc and UTXO will receive 363,589,816 shares of Nakamoto common stock. Based on the closing price of $0.2951 on February 13, the total consideration for the transaction is $107,295,354. The specific number of shares will be adjusted according to customary closing conditions at the time of closing. The entire transaction is expected to be completed in the first quarter of 2026, subject to customary closing conditions. BTCInc is reportedly the organizer of The Bitcoin Conference and the parent company of Bitcoin Magazine.