In the past hour, total liquidations across the network reached $12.33 million, with $11.97 million from long positions, with $356,843.67 from short positions. BTC liquidation $2.67 million, ETH liquidation $1.24 million.

Huoxun Finance reported on February 18th that, according to Fortune magazine, cryptocurrency exchange Kraken has acquired token management platform Magna. The transaction was completed last Friday, and the specific terms were not disclosed. This is Kraken's sixth acquisition in the past year. Magna primarily provides token distribution management services to crypto companies, helping startups track complex holder information after their tokens are listed for trading. Kraken co-CEO Arjun Sethi stated that the acquisition aims to support issuers from the early stages of token issuance, rather than just shortly before liquidity launch. Kraken is continuously expanding its product line in preparation for an IPO. The company secretly filed for an IPO last November and released partial financial data for 2025, similar to a listed company's annual report, this February. Sethi did not disclose a specific IPO timeline, stating that companies in the IPO process must comply with regulatory "quiet periods."

Huoxun Finance reported on February 18th that YZiLabs stated in its official blog that it has sent a formal letter to 10X Capital Asset Management and related parties, accusing them of violating Sections 13(d) and 16(a) of the Securities Exchange Act of 1934 by failing to disclose its beneficial ownership of the common stock of CEA Industries Inc. YZiLabs pointed out that, according to public information, 10X Capital has beneficially held more than 5% of the outstanding common stock of BNC since the end of 2025, but failed to file Schedule 13D to disclose the formation of this shareholding group. Furthermore, Hans Thomas, a founding partner of 10X Capital and a director of BNC, failed to file Form 3 with the SEC, failing to fulfill the initial shareholding reporting obligation under Section 16(a). YZiLabs stated that it filed its initial Schedule 13D on November 26, 2025, and promptly filed amended documents after changes in shareholding due to company buybacks and issuances. To maintain its consent solicitation process and exercise its shareholder rights under Nevada law, YZiLabs has chosen to form a consortium with other shareholders and fulfill its disclosure obligations as required. YZiLabs Investment Partner Alex Odagiu emphasized that SEC disclosure rules are not "personal preference" or "optional internal affairs," but rather a fundamental obligation that anyone wishing to serve as a director of a publicly traded company must adhere to. YZiLabs is calling on 10X Capital to immediately disclose its beneficial ownership of BNC under Section 13(d) and requesting Hans Thomas to file Form 3 as soon as possible to disclose his shareholding.

In the past hour, total liquidations across the network reached $14.31 million, with $4.02 million from long positions, with $10.29 million from short positions. BTC liquidation $6.36 million, ETH liquidation $3.85 million.

According to Lookonchain monitoring, BitMine purchased 20,000 ETH (US$39.8 million) from BitGo two hours ago.