Phoenix Group released Q3 report: holding 682 BTC and 642,000 SOL

Bitwise CEO reveals that their clients bought $11 million worth of Bitcoin during the market downturn

BlockBeats News, February 12 — Bitwise CEO Hunter Horsley stated, "One of Bitwise's wealth management clients had never allocated any assets to cryptocurrencies when they first contacted Bitwise two years ago. Today, as the market retraces, this client has invested $11 million in Bitcoin. For many investors who have yet to enter the crypto market, market retracements present an opportunity."

Bitcoin Teeters Above $60K as $350M in Leveraged Longs Face Liquidation — Is the Bottom Really In?

Bitcoin is trapped in a narrowing range between $60,000 and $70,000, with $350 million in leveraged long positions clustered near $60,500. Bears are eyeing a liquidity flush below the yearly low, yet K33 Research makes a “strong case” for a local bottom based on capitulation extremes. We analyze the liquidation heatmap, the split personality of derivatives traders, and what comes next.

Nancy Guthrie Case: Bitcoin Wallet Moves $300, Polymarket Traders Now 78% Certain of Arrest

A Bitcoin wallet linked to the ransom note for missing 84‑year‑old Nancy Guthrie received its first transaction—less than $300—after weeks of silence. As FBI surveillance footage reveals a masked suspect, Polymarket bettors are assigning 78% odds that an arrest comes by February 28. We examine the blockchain trail, the ethical firestorm around prediction markets, and what happens next in one of 2026’s most haunting true‑crime crypto cases.

Overview of popular cryptocurrencies on February 12, 2026, with the top three being: Bitcoin, Ethereum, and BNB

Analysis: Last week, Bitcoin experienced the largest realized loss in history due to a sharp decline, and bottoming signals are gradually emerging.

On February 5th, Bitcoin's price dropped from $70,000 to $60,000, with on-chain realized losses reaching $3.2 billion, marking the largest single-day loss in history. This sell-off is analyzed as a typical capitulation event, potentially signaling the bottom of the bear market.

Bitcoin's epic sell-off review: $3.2 billion in actual losses set a record, and bottoming signals are emerging

Last week, the cryptocurrency market experienced intense volatility, with Bitcoin plummeting from around $70,000 to $60,000 in a short period, triggering the largest "realized loss" event in history. On-chain analysis platform Glassnode shows that the adjusted realized losses reached as high as $3.2 billion, setting a new record for the Bitcoin network. This metric measures the USD value of Bitcoin sold below cost and excludes the impact of transfers within the same entity, thus providing a more accurate reflection of genuine selling pressure. This figure even exceeds the approximately $2.7 billion loss during the 2022 LUNA collapse, indicating that the current downward sentiment shock has surpassed the darkest phase previously experienced. Data platform Checkonchain pointed out that this market movement exhibits typical "capitulation sell-off" characteristics: rapid decline, large transaction volumes, mainly driven by holders with the weakest conviction being forced to liquidate.