The Hyperliquid Assistance Fund repurchased 40,028,984 HYPE tokens as of Feb. 2, on-chain data reported by BlockBeats show. The buybacks cost approximately $890 million, representing roughly 4% of HYPE's total supply, with the fund pool valued at about $1.249 billion at current prices.

On Feb. 2, Abraxas Capital's main address (0x5b5d…) took profit on its ETH short position, cutting 1,348.11 ETH valued at about $3.01M, Hyperinsight data show. Following the trade, the short position's total value declined to $18.06M. The position shows an unrealized gain of about $7.28M with a 403.03% return, an average entry price of $3,202.42, and a liquidation level of $5,967.56.

Whale address 0xffbd opened an additional 2002.67 ETH long position worth approximately $4.5M at an average entry price of $2245.1 on February 2, HyperInsight data cited by BlockBeats show. The address currently holds leveraged long positions totaling around $157M across multiple tokens, including a 20x BTC long of 853.9 BTC valued at about $66M with an unrealized loss of roughly $1.96M at an average price of $79,049, a 20x SOL long of 380,000 SOL worth about $38M with an unrealized loss of around $4.66M at an average entry of $114, and a 20x ETH long of 13,000 ETH valued near $29M showing about $130,000 in unrealized profit at an average price of $2232.

Binance will delist all spot trading pairs for Acala Token (ACA), Tranchess (CHESS), Streamr (DATA), dForce (DF), Aavegotchi (GHST), and NKN (NKN) at 11:00 UTC on Feb. 13, the exchange announced on Feb. 2. The delisting affects every spot market involving these six tokens on the platform.

An address known as the "largest ZEC short" cut its ETH short exposure from about $57M to $9.5M between Feb. 1 and Feb. 2, realizing over $40M in reductions, Coinbob hot address data show. The remaining ETH short position shows an unrealized profit of roughly $4.2M with a 662% return and an average price of $3,235, bringing the address's total weekly profit to $15.5M. The address previously built a sizeable ZEC short starting around $184, at one point sitting on a $21M unrealized loss before turning profitable, and still holds short positions in ETH, ZEC and other assets.

An address linked to Bhutan's sovereign wealth fund Druk Holdings reduced its position by 26,535 ETH on Feb. 2, on-chain data show. The address's Aave account holds 51,710.6793 stETH with an outstanding loan of 7975 万枚 USDT, and the health factor stands at 1.17, BlockBeats reports.

Trend Research transferred 10,000 ETH worth $22.01 million to Binance on Feb. 2, EmberCN data show as reported by BlockBeats. Over the past 24 hours, the firm deposited 50,000 ETH to the exchange and withdrew 6,412 ETH.

Fenbushi Capital withdrew 2,432 ETH worth about $5.44 million from Binance on Feb. 2, TheDataNerd data show. The firm typically stakes all ETH it withdraws, bringing its cumulative staked holdings to 10,944 ETH, valued at approximately $24.48 million.

Rainbow announced on Feb. 2 that its RNBW token CCA launch on Uniswap will feature a presubscription window from 23:00 Feb. 2 to 23:00 Feb. 3 Beijing time, with the CCA auction ending at 23:00 Feb. 5 using a single clearing price per block. The starting bid is $0.1 per RNBW with a fully diluted valuation of $100M and an implied valuation of about $19M, and the CCA will sell 5,000,000 tokens (0.5% of supply) payable in USDC. After the event, CCA participants can claim RNBW from Uniswap, airdrop rewards are claimable via mobile app, non-U.S. CoinList participants will receive tokens directly, and RNBW will then trade on Base and centralized exchanges.