Huoxun Finance reported on February 22nd that, according to data cited by CoinBureau, all ETH whales are now underwater. For the first time in this cycle, all major Ethereum holder groups are experiencing paper losses, including wallets holding over 100,000 ETH. While strong players (firm holders) are suffering, weak players (loose retail investors) have already exited the market.

Odaily Planet Daily reports that Jupiter's vote on "reducing future net token releases to zero" officially ended at 19:00 today, with the community ultimately passing the proposal with 75% support. Previously, Jupiter initiated a new proposal to reduce the net release of JUP to zero in the foreseeable future. The proposal primarily targets the three current sources of JUP release—the Jupuary airdrop, team share unlocking, and Mercurial allocation unlocking. Specifically: First, the Jupuary airdrop will be postponed indefinitely, with all 700 million JUP returned to the community's multisignature cold wallet for future use. Current usage and staking snapshots will be preserved. This matter will be renegotiated with the DAO when market conditions, token status, and market sentiment are more suitable. Second, the release of tokens to team members will be suspended indefinitely. As an alternative, team members will receive JUP in the form of Jupiter balance sheet debt—if any member wishes to sell their allocated tokens, Jupiter's balance sheet will directly purchase them. This move will further strengthen the JUP reserve and demonstrate the team's commitment to the future of the JUP token. Third, fully hedging against selling pressure from Mercurial stakeholders will accelerate its unlocking process and allow Jupiter to purchase an equivalent amount of tokens through its own balance sheet to absorb any shocks from potential token sales.

According to data cited by Coin Bureau, as reported by Odaily Planet Daily, all ETH whales (divided into three tiers: holding over 100,000 ETH, 10,000 to 100,000 ETH, and 1,000 to 10,000 ETH) are now underwater. For the first time in this cycle, all ETH holders of different sizes are experiencing paper losses, including whales holding over 100,000 ETH. While strong holders (steadfast holders) are suffering, weak holders (loose retail investors) have already exited the market.

Odaily Planet Daily reports that South Korean cryptocurrency exchange Bithumb continues to face pressure on its market share following the "Bitcoin misdelivery incident." Data shows that as of last Friday, Bithumb's trading share among the five South Korean won-denominated exchanges had fallen to 24.8%, a significant drop from approximately 30% at the beginning of the year. Industry data shows that Upbit maintains its leading position with a 58.4% share, followed by Coinone at 13%, Korbit at 3.5%, and Gopax at 0.3%. (Korea Times)

Huoxun Finance News, February 22nd - With the uncertainty surrounding Trump's tariff policies potentially triggering a new round of chaos, coupled with increasing signs that the US might take military action against Iran, Nvidia, the world's largest company by market capitalization, will release its earnings report next Wednesday. Investors may face a new round of market volatility driven by news headlines. Key events to watch this week (all times are Beijing time): Monday 21:00: Fed Governor Waller speaks. Tuesday 21:00: 2027 FOMC voting member and Chicago Fed President Goolsby speaks. Tuesday 22:00: Boston Fed President Collins delivers opening remarks; Atlanta Fed President Bostic speaks. Tuesday 22:10: Fed Governor Waller speaks again. Tuesday 22:35: Fed Governor Lisa Cook speaks on AI. Wednesday (specific time TBD): Nvidia releases earnings report. Wednesday 4:15: Richmond Fed President Barkin and Boston Fed President Collins jointly participate in a panel discussion. Thursday 2:20 AM: 2028 FOMC voting member and St. Louis Fed President Musaleem speaks on the Fed's role. Thursday 9:30 PM: US releases initial jobless claims for the week ending February 21. Friday 9:30 PM: US releases January PPI year-on-year and month-on-month rates.