DAT Companies are in $25B of Unrealized Losses
According to fresh data from Artemis, the Digital Asset Treasury (DAT) sector is facing a massive drawdown.
DATs are down about $25B cumulatively, with ZERO companies currently above their cost basis.
🟠 Strategy (MicroStrategy): $8.9B loss
The largest corporate BTC holder is taking the biggest hit but shows no signs of selling.
🔵 Bitmine: $8.6B loss
Heavy exposure to $ETH has resulted in significant unrealized losses.
⚫️ Others:
• Twenty One $BTC -$1.9B
• Bitcoin Standard $BTC -$1.7B
• Sharplink $ETH -$1.5B
• Metaplanet $BTC -$1.4B
• Forward $SOL -$1.1B
• Ether Machine $ETH -$1B
• Strive $BTC -$538M
• Solana Company $SOL -$342M
This is the first real bear market test for most DAT treasuries.
If prices don’t recover soon, some of these companies may be forced to sell at a loss, triggering a cascade.
Data source 🔗 Artemis
@TOP7ICO
According to fresh data from Artemis, the Digital Asset Treasury (DAT) sector is facing a massive drawdown.
DATs are down about $25B cumulatively, with ZERO companies currently above their cost basis.
🟠 Strategy (MicroStrategy): $8.9B loss
The largest corporate BTC holder is taking the biggest hit but shows no signs of selling.
🔵 Bitmine: $8.6B loss
Heavy exposure to $ETH has resulted in significant unrealized losses.
⚫️ Others:
• Twenty One $BTC -$1.9B
• Bitcoin Standard $BTC -$1.7B
• Sharplink $ETH -$1.5B
• Metaplanet $BTC -$1.4B
• Forward $SOL -$1.1B
• Ether Machine $ETH -$1B
• Strive $BTC -$538M
• Solana Company $SOL -$342M
This is the first real bear market test for most DAT treasuries.
If prices don’t recover soon, some of these companies may be forced to sell at a loss, triggering a cascade.
Data source 🔗 Artemis
@TOP7ICO
Bithumb Unexpected Airdrop: Exchange Sent 2,000 BTC Instead of $1.50 to Hundreds of Users
South Korean crypto exchange Bithumb accidentally credited hundreds of users with 2,000 BTC ($132M each) instead of 2,000 Korean won ($1.50).
The consequences came fast. Bithumb froze all accounts that received the erroneous funds, and users who managed to withdraw are now facing criminal charges.
@TOP7ICO
South Korean crypto exchange Bithumb accidentally credited hundreds of users with 2,000 BTC ($132M each) instead of 2,000 Korean won ($1.50).
At least one lucky user didn't hesitate — they immediately sold everything and became a millionaire in seconds. The sudden sell-off caused BTC price on Bithumb to crash 16% lower than other exchanges, creating temporary arbitrage madness across the market.
The consequences came fast. Bithumb froze all accounts that received the erroneous funds, and users who managed to withdraw are now facing criminal charges.
@TOP7ICO
Too Much Winning – How Major Crypto Dumped after Trump’s Inauguration 🇺🇸
A year ago today, Trump took Oval office and Bitcoin hit an all-time high. The market priced in a Golden Era, fueled by an aggressive list of campaign promises that sent valuations high – executive orders, strategic reserves, and regulatory clarity.
Instead, we got tariffs, hawkish Fed picks, and a Treasury Secretary who said there's "no statutory authority" to buy crypto with taxpayer funds.
We are now in a max pain zone compared to the inauguration hype, with corporate treasuries sitting on $25B in unrealized losses.
Here's the reality check since Inauguration Day (Jan 20, 2025 vs Feb 6, 2026):
📉 Trump $TRUMP -92.5%
🐶 Dogecoin $DOGE -73.6%
🟣 Solana $SOL -66.8%
⚫️ XRP $XRP -52.5%
🔵 Ethereum $ETH -39.2%
🟠 Bitcoin $BTC -33.3%
🟡 BNB $BNB -5.7%
The campaign promised a Bitcoin strategic reserve.
The reality delivered the worst drawdown since 2022.
This is the gap between narrative and execution, expectations and reality.
@TOP7ICO
A year ago today, Trump took Oval office and Bitcoin hit an all-time high. The market priced in a Golden Era, fueled by an aggressive list of campaign promises that sent valuations high – executive orders, strategic reserves, and regulatory clarity.
Instead, we got tariffs, hawkish Fed picks, and a Treasury Secretary who said there's "no statutory authority" to buy crypto with taxpayer funds.
We are now in a max pain zone compared to the inauguration hype, with corporate treasuries sitting on $25B in unrealized losses.
Here's the reality check since Inauguration Day (Jan 20, 2025 vs Feb 6, 2026):
📉 Trump $TRUMP -92.5%
🐶 Dogecoin $DOGE -73.6%
🟣 Solana $SOL -66.8%
⚫️ XRP $XRP -52.5%
🔵 Ethereum $ETH -39.2%
🟠 Bitcoin $BTC -33.3%
🟡 BNB $BNB -5.7%
The campaign promised a Bitcoin strategic reserve.
The reality delivered the worst drawdown since 2022.
This is the gap between narrative and execution, expectations and reality.
@TOP7ICO
Token Unlocks: Over $420M in Assets Unlocking Next Week
February 9–15, 2026
More than $420M worth of tokens are set to enter circulation next week.
$RAIN takes the lead with a massive 37.43B tokens ($346M worth) being released, accounting for over 80% of the total weekly unlock value.
@TOP7ICO
February 9–15, 2026
More than $420M worth of tokens are set to enter circulation next week.
• $RAIN → $346M on Feb 10
• $PUMP → $20.6M on Feb 14
• $APT → $12.4M on Feb 12
• $LAYER → $10.7M on Feb 11
• $SEI → $7.43M on Feb 15
• $STRK → $6.49M on Feb 15
• $B3 → $5.74M on Feb 10
• $MOCA → $4.3M on Feb 11
• $MOVE → $3.8M on Feb 9
• $HOME → $3.7M on Feb 10
$RAIN takes the lead with a massive 37.43B tokens ($346M worth) being released, accounting for over 80% of the total weekly unlock value.
@TOP7ICO
Top Upcoming Crypto Events of Next Week
February 9–15, 2026
Next week is packed with exciting TGEs, sales, and product launches. Save our calendar to make sure you don't miss any of next week's key crypto events!
@TOP7ICO
February 9–15, 2026
Next week is packed with exciting TGEs, sales, and product launches. Save our calendar to make sure you don't miss any of next week's key crypto events!
On the radar
• Sales: $CAP
• TGEs: $UP $AZTEC
• Products & Mainnet: $MEGA $ZK
• Unlocks: $RAIN $APT $PUMP
• Offline Events: #Consensus_HK
@TOP7ICO
Prediction Markets terminal Chance rewards retroactively for Polymarket trading
Chance is the all-in-one platform that lets you explore, analyze, and act across all of the Prediction Markets from one interface.
You can now log in to Chance terminal with invite code, verify your Polymarket wallet (no need to connect), and claim the gift box.
Moreover, while trading on Chance, you’ll also be able to claim future $POLY airdrop, just like if you were using Polymarket platform itself.
Platform is still in invite-only Beta. Here are 5 FCFS codes: 59AD66, Y93EGJ, NTE7U7, ZU78B7, YDPURD.
🔗 https://x.com/Chance_/status/2019831180292497519
@TOP7ICO
Chance is the all-in-one platform that lets you explore, analyze, and act across all of the Prediction Markets from one interface.
Chance integrates Polymarket, Kalshi, Opinion Labs, with Predict.fun and Limitless coming soon. It just reached $15M+ in weekly volume, aggregating 0.75% of total Polymarket volume for the last week.
You can now log in to Chance terminal with invite code, verify your Polymarket wallet (no need to connect), and claim the gift box.
Moreover, while trading on Chance, you’ll also be able to claim future $POLY airdrop, just like if you were using Polymarket platform itself.
Platform is still in invite-only Beta. Here are 5 FCFS codes: 59AD66, Y93EGJ, NTE7U7, ZU78B7, YDPURD.
🔗 https://x.com/Chance_/status/2019831180292497519
@TOP7ICO
Espresso [ESP] Airdrop Registration is closing today
Registration for Espresso $ESP airdrop is closing today, on Feb 9 midnight, 12am UTC.
• About 1M wallets are eligible for initial airdrop, with over 40 eligibility criteria.
• 10% of $ESP tokens are allocated for this airdrop.
Espresso builds a shared sequencing and confirmation layer for L2 rollups, so chains can focus on building user experiences rather than competing for fragmented liquidity. It raised $60M total from a16z Crypto, Greylock Partners, and Electric Capital, and $4M via public raise on Kaito.
Check your wallets for potential drop here 🔗 claim.espresso.foundation
@TOP7ICO
Registration for Espresso $ESP airdrop is closing today, on Feb 9 midnight, 12am UTC.
• About 1M wallets are eligible for initial airdrop, with over 40 eligibility criteria.
• 10% of $ESP tokens are allocated for this airdrop.
Espresso builds a shared sequencing and confirmation layer for L2 rollups, so chains can focus on building user experiences rather than competing for fragmented liquidity. It raised $60M total from a16z Crypto, Greylock Partners, and Electric Capital, and $4M via public raise on Kaito.
Check your wallets for potential drop here 🔗 claim.espresso.foundation
@TOP7ICO
Based introduces BASED tokenomics with 23.5% allocated to Airdrop
$BASED total supply is 1B, with 235M allocated to Based community members who participated in Season 1 and Season 2 points campaigns, PUP holders, BasedPal NFT holders, and launch partners supporting the TGE.
Moreover, from Jan 5 to May 4, a total of 50M Diamonds will be issued for Season 3, with 15M distributed retrospectively based on user activity as of February 12, and the remaining 35M released from February 13 at a fixed daily rate of 432,098 Diamonds.
75M reserved for the Ethena community in recognition of their strategic investment and the collaboration on HyENA. TGE is set to launch in March 2026. Users can calculate their potential airdrop here.
🔗 x.com/BasedFnd/status/2020489920222282164
@TOP7ICO
$BASED total supply is 1B, with 235M allocated to Based community members who participated in Season 1 and Season 2 points campaigns, PUP holders, BasedPal NFT holders, and launch partners supporting the TGE.
Moreover, from Jan 5 to May 4, a total of 50M Diamonds will be issued for Season 3, with 15M distributed retrospectively based on user activity as of February 12, and the remaining 35M released from February 13 at a fixed daily rate of 432,098 Diamonds.
75M reserved for the Ethena community in recognition of their strategic investment and the collaboration on HyENA. TGE is set to launch in March 2026. Users can calculate their potential airdrop here.
ℹ️ Backed by Ethena Foundation, Based is a consumer-focused platform combining trading, prediction markets, payments, and on-chain commerce into a single ecosystem.
🔗 x.com/BasedFnd/status/2020489920222282164
@TOP7ICO
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🚨 Binance buys ~$300M worth of Bitcoin for SAFU fund
Binance SAFU Fund bought another 4,225 $BTC ($299.6M), bringing its total purchase to 10,455 $BTC ($734M).
🔗 intel.arkm.com/explorer/address/1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
@TOP7ICO
Binance SAFU Fund bought another 4,225 $BTC ($299.6M), bringing its total purchase to 10,455 $BTC ($734M).
🔗 intel.arkm.com/explorer/address/1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
@TOP7ICO
Giannis Antetokounmpo has stake of over $100M in Kalshi
Milwaukee Bucks star Giannis Antetokounmpo announced Friday that he has become a shareholder in Kalshi, the CFTC-regulated prediction market platform, through his company Ante Inc. The deal was signed on Thursday, the day of the NBA trade deadline, and that Antetokounmpo’s stake falls below 1% of the company; at Kalshi’s $11B latest valuation, a 1% stake is worth over $100M.
The company did not disclose the exact size of the stake, or how far it falls below the 1% threshold. Kalshi was running event contracts on Antetokounmpo’s own trade destination earlier that week, garnering over $23M in volume.
🔗 theblock.co/post/388940/kalshi-says-nba-star-giannis-antetokounmpos-stake-is-below-1-controversial-deal-was-signed-thursday
@TOP7ICO
Milwaukee Bucks star Giannis Antetokounmpo announced Friday that he has become a shareholder in Kalshi, the CFTC-regulated prediction market platform, through his company Ante Inc. The deal was signed on Thursday, the day of the NBA trade deadline, and that Antetokounmpo’s stake falls below 1% of the company; at Kalshi’s $11B latest valuation, a 1% stake is worth over $100M.
The company did not disclose the exact size of the stake, or how far it falls below the 1% threshold. Kalshi was running event contracts on Antetokounmpo’s own trade destination earlier that week, garnering over $23M in volume.
Kalshi said under the platform’s rules, Antetokounmpo is prohibited from trading on NBA markets and any markets involving him personally.
🔗 theblock.co/post/388940/kalshi-says-nba-star-giannis-antetokounmpos-stake-is-below-1-controversial-deal-was-signed-thursday
@TOP7ICO
Espresso’s [ESP] Pre-TGE Prime Sale on Binance Wallet
During Prime Sale Campaign, users can subscribe to an allocation to Espresso, within the Binance Wallet.
Pre-TGE subscription details
• Activity Start: Feb 10, at 12:00 UTC
• Subscription cap per user: 3 BNB
🔗 x.com/BinanceWallet/status/2020815231358758987
@TOP7ICO
During Prime Sale Campaign, users can subscribe to an allocation to Espresso, within the Binance Wallet.
Pre-TGE subscription details
• Activity Start: Feb 10, at 12:00 UTC
• Subscription cap per user: 3 BNB
ℹ️ Espresso builds a shared sequencing and confirmation layer for L2 rollups, so chains can focus on building user experiences rather than competing for fragmented liquidity. It raised $60M total from a16z Crypto, Greylock Partners, and Electric Capital, and $4M via public raise on Kaito.
🔗 x.com/BinanceWallet/status/2020815231358758987
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Top 7 Crypto Sites by Visits in January: Prediction Markets Flip Major Exchanges
Polymarket (38.4M visits) has officially overtaken Coinbase (27.7M) in monthly visits, and got very close to Robinhood (40.9M).
This confirms that prediction markets are no longer a niche - they are now a primary source of information and speculation, beating out traditional CEXs.
Data source 🔗 Similarweb
@TOP7ICO
Polymarket (38.4M visits) has officially overtaken Coinbase (27.7M) in monthly visits, and got very close to Robinhood (40.9M).
This confirms that prediction markets are no longer a niche - they are now a primary source of information and speculation, beating out traditional CEXs.
Data source 🔗 Similarweb
@TOP7ICO
⚡️BREAKING: Strategy acquired 1,142 BTC for ~$90M at an average price of ~$78,815 per BTC
As of February 8, Strategy holds 714,644 BTC purchased for ~$54.35B at an average of ~$76,056 per BTC.
🔗 x.com/saylor/status/2020846107685695931
@TOP7ICO
As of February 8, Strategy holds 714,644 BTC purchased for ~$54.35B at an average of ~$76,056 per BTC.
At the current BTC price of $69,014, Strategy has an unrealized profit of approximately $5B.
🔗 x.com/saylor/status/2020846107685695931
@TOP7ICO
Backpack might be looking to raise $50M at a $1B valuation
Backpack, a centralized crypto exchange built by former FTX and Alameda leaders, is negotiating terms for new financing of up to $50M at a $1B valuation, Axios has learned from sources familiar with the deal.
Meanwhile, Polymarket odds give only 26% chance of keeping $1B valuation at TGE.
According to Axios, Backpack claims it generated over $100M in revenue in 2025. For comparison, Lighter earned around same $100M in 2025, while Hyperliquid generated around $840M in revenue last year.
Now team prepares for upcoming TGE and initial airdrop:
• Total supply is 1B tokens
• 25% of tokens to be distributed at TGE
• 24% (240M tokens) allocated to points holders
• 1% (10M tokens) reserved for MadLads NFT holders
Check good Backpack airdrop calculator here 🔗 backpack-calculator.swishi.xyz
🔗 axios.com/pro/fintech-deals/2026/02/09/backpack-exchange-50m-raise-unicorn-valuation
@TOP7ICO
Backpack, a centralized crypto exchange built by former FTX and Alameda leaders, is negotiating terms for new financing of up to $50M at a $1B valuation, Axios has learned from sources familiar with the deal.
Meanwhile, Polymarket odds give only 26% chance of keeping $1B valuation at TGE.
Previously, Backpack raised $37M from Jump Crypto, Multicoin Capital, Placeholder VC, Wintermute, Robot Ventures, and others.
According to Axios, Backpack claims it generated over $100M in revenue in 2025. For comparison, Lighter earned around same $100M in 2025, while Hyperliquid generated around $840M in revenue last year.
Now team prepares for upcoming TGE and initial airdrop:
• Total supply is 1B tokens
• 25% of tokens to be distributed at TGE
• 24% (240M tokens) allocated to points holders
• 1% (10M tokens) reserved for MadLads NFT holders
Check good Backpack airdrop calculator here 🔗 backpack-calculator.swishi.xyz
🔗 axios.com/pro/fintech-deals/2026/02/09/backpack-exchange-50m-raise-unicorn-valuation
@TOP7ICO
Espresso [ESP] has been listed on Binance Futures Pre-Market
Binance Futures has launched #ESPUSDT perpetual contract pre-market trading with up to 5x leverage today, on February 10, at 08:10 UTC.
Pre-market on Binance:
🔘 Current price: $0.094
🔘 Current FDV: $337M
🔗 binance.com/en/support/announcement/detail/d60d3f7a16144a26ade3e9a84cd9156f
@TOP7ICO
Binance Futures has launched #ESPUSDT perpetual contract pre-market trading with up to 5x leverage today, on February 10, at 08:10 UTC.
Pre-market on Binance:
ℹ️ Espresso builds a shared sequencing and confirmation layer for L2 rollups, so chains can focus on building user experiences rather than competing for fragmented liquidity. It raised $60M total from a16z Crypto, Greylock Partners, and Electric Capital, and $4M via public raise on Kaito.
🔗 binance.com/en/support/announcement/detail/d60d3f7a16144a26ade3e9a84cd9156f
@TOP7ICO
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Hyperliquid outperforms Coinbase in Trading Volume
Hyperliquid now have $2.6T in notional trading volume compared to Coinbase's $1.4T - that's nearly 2x the volume of one of crypto's largest centralised platforms.
🔗 x.com/artemis/status/2020965276234154248
@TOP7ICO
Hyperliquid now have $2.6T in notional trading volume compared to Coinbase's $1.4T - that's nearly 2x the volume of one of crypto's largest centralised platforms.
Year-to-date, Hyperliquid is up 31.7% while Coinbase has dropped -27%. That's a 58.7% divergence in just weeks, signalling a clear shift in where traders are putting their capital.
🔗 x.com/artemis/status/2020965276234154248
@TOP7ICO
Top 7 Uprising Projects of Hyperliquid Ecosystem
The Hyperliquid ecosystem is quietly building the foundation for the next DeFi wave. The on-chain data confirms massive adoption:
$HYPE Performance: The native token is currently trading at ~$31.00, surging +40% from its local bottom in just 17 days, significantly outperforming the broader market.
HIP-4 upgrade was just announced, enabling fully collateralized Outcome trading. This major upgrade unlocks native prediction markets and options-style derivatives with fixed price ranges - allowing for complex payoffs without margin liquidations.
Here are some of the most promising ecosystem projects: Based, tradeXYZ, HyENA, Valantis, HyperLend, Felix and Dreamcash.
@TOP7ICO
The Hyperliquid ecosystem is quietly building the foundation for the next DeFi wave. The on-chain data confirms massive adoption:
🔹 Total Cumulative Volume: $3.85T
🔹 Total Deposits: $348.5B
🔹 Total Trades: 1.01M
$HYPE Performance: The native token is currently trading at ~$31.00, surging +40% from its local bottom in just 17 days, significantly outperforming the broader market.
HIP-4 upgrade was just announced, enabling fully collateralized Outcome trading. This major upgrade unlocks native prediction markets and options-style derivatives with fixed price ranges - allowing for complex payoffs without margin liquidations.
Here are some of the most promising ecosystem projects: Based, tradeXYZ, HyENA, Valantis, HyperLend, Felix and Dreamcash.
@TOP7ICO
Polymarket launches Attention Markets with Kaito AI
Attention Markets will quantify the volume and changes in public attention based on data from social media.
This data will enable Polymarket to create new markets such as “Will Anthropic’s mindshare be higher than OpenAI next month?” or “Will sentiment on Elon Musk go up this month?”
🔗 forbes.com/sites/aliciapark/2026/02/10/polymarket-to-offer-attention-markets-in-partnership-with-kaito-ai
@TOP7ICO
Attention Markets will quantify the volume and changes in public attention based on data from social media.
By pulling data across platforms including X, TikTok, Instagram and YouTube, Kaito has been able to measure not only how much people talk about something - a metric tracked as “mindshare” - but also whether that talk is positive or negative - tracked as “sentiment.”
This data will enable Polymarket to create new markets such as “Will Anthropic’s mindshare be higher than OpenAI next month?” or “Will sentiment on Elon Musk go up this month?”
🔗 forbes.com/sites/aliciapark/2026/02/10/polymarket-to-offer-attention-markets-in-partnership-with-kaito-ai
@TOP7ICO
Circle Ventures invests in edgeX ahead of token launch
Circle Ventures has invested an undisclosed sum in decentralized trading platform edgeX ahead of the project’s planned token launch and upcoming integration of native USDC and Circle’s Cross-Chain Transfer Protocol (CCTP) on the EDGE Chain.
The investment comes as edgeX prepares to launch its token before March 31. The platform previously raised a pre-seed round led by Amber Group, which incubated the project, in December 2024.
🔗 x.com/edgeX_exchange/status/2021223589890973842
@TOP7ICO
Circle Ventures has invested an undisclosed sum in decentralized trading platform edgeX ahead of the project’s planned token launch and upcoming integration of native USDC and Circle’s Cross-Chain Transfer Protocol (CCTP) on the EDGE Chain.
The investment comes as edgeX prepares to launch its token before March 31. The platform previously raised a pre-seed round led by Amber Group, which incubated the project, in December 2024.
ℹ️ edgeX is an orderbook-based perpetual DEX incubated by Amber Group with $181M TVL and $117B in 30D Volume✨ Trade and earn points ahead of upcoming airdrops using our invite link — EdgeX
🔗 x.com/edgeX_exchange/status/2021223589890973842
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Tether announces Strategic Investment in LayerZero Labs
Tether has announced a strategic investment in LayerZero Labs, the company behind the interoperability infrastructure powering USDt0. This technology enables digital assets to move securely across blockchains without liquidity fragmentation.
USDt0, built on LayerZero, has already processed over $70B in cross-chain transfers in under a year. The investment reinforces Tether's commitment to infrastructure that reduces market fragmentation and positions stablecoins as true global settlement instruments.
🔗 tether.io/news/tether-announces-strategic-investment-in-layerzero-labs-creator-of-the-interoperability-infrastructure-used-by-usdt0
@TOP7ICO
Tether has announced a strategic investment in LayerZero Labs, the company behind the interoperability infrastructure powering USDt0. This technology enables digital assets to move securely across blockchains without liquidity fragmentation.
USDt0, built on LayerZero, has already processed over $70B in cross-chain transfers in under a year. The investment reinforces Tether's commitment to infrastructure that reduces market fragmentation and positions stablecoins as true global settlement instruments.
According to Tether CEO Paolo Ardoino, this technology will be critical for the future agentic AI economy, which will require instant micropayments at unprecedented scale. instruments. According to Tether CEO Paolo Ardoino, this technology will be critical for the future agentic AI economy, which will require instant micropayments at unprecedented scale.
🔗 tether.io/news/tether-announces-strategic-investment-in-layerzero-labs-creator-of-the-interoperability-infrastructure-used-by-usdt0
@TOP7ICO