Planet Evening News

SmartContractAuditor · 2026-02-28T11:31:11+00:00

Bitcoin funding rates drop to -6%, creating potential short squeeze conditions. Whales hold $12.4 million in Bitcoin with an unrealized profit of $3.521 million, and cryptocurrencies are becoming a tool for short hedging. The US expects the Iran attack to continue, while Trump plans to give a speech.

SmartContractAuditor

2026-02-28 11:31:11

Abstract generation in progress

Viewpoint: Bitcoin funding rate drops to -6%, potential short squeeze conditions forming;
A major whale has been building a position in digital gold worth $12.4 million since October 2025, currently with an unrealized profit of $3.521 million;
DeFiance Capital founder: Cryptocurrencies have become the preferred short hedge tool during weekend risk-off events;
U.S. President Trump is expected to deliver a nationwide address again on Saturday morning local time;
Iran has launched ballistic missiles at all Gulf countries except Oman;
A wallet created just 3 days ago bought “U.S. strikes Iran” bullish shares on Polymarket, currently with a profit of $493,500;
U.S. officials expect Iran’s attacks to last several days, possibly even weeks;
Bahrain military base was attacked, Qatar shot down an Iranian missile, and explosions were reported in the UAE;
Trump states the operation has ended with the takeover of the Iranian government;
Israel claims targeted actions against Iran have achieved their set objectives.

BTC-2.09%

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