PUMP’s market structure is being reshaped as a wallet linked to "77DsB…" offloaded 3.376 billion tokens worth about $7.23 million between the 17th and 21st of February, after earlier receiving 3.75 billion PUMP valued near $25.39 million. At the same time, revenue-funded buybacks have accumulated $297.829 million in PUMP purchases, retiring 25.062% of circulating supply and tightening the token float. Pump.fun still drives significant DeFi activity with $499.9 million in daily DEX volume and $3.15 million in 24-hour fees, even as Solana-native speculative flows and platform momentum show signs of cooling.

Lighter LIT dominance in DeFi perpetuals neared 60% in mid-December 2025, then slid to about 8.1% by mid-February as incentives faded and speculative activity cooled. Daily perps volume moved toward $15–20 billion with roughly a 30% year-over-year decline, while Hyperliquid’s share approached 40–50% amid liquidity rotation.

In the first 50 days of 2026, Bitcoin fell 23% from about $88,700 to near $68,000, while market capitalization slid 24% from roughly $1.76 trillion to $1.34 trillion. ETF products saw $2.9 billion in outflows as leverage unwound. Binance's Open Interest dropped from roughly $16 billion to near $ 6 billion, amplifying cross-exchange volatility.

KITE has advanced from a base near $0.16 to highs around $0.2706, with bulls overcoming the $0.24–$0.25 barrier and now testing a dense resistance area below $0.30. Derivatives data show Open Interest climbing toward $100–$120 million and funding rates turning firmly positive, signaling leveraged long interest but also rising liquidation risk if momentum fades. Technical supports sit near $0.25, $0.20 and $0.18, while a sustained move above $0.27 could open a path toward the $0.30–$0.35 zone.

According to CryptoQuant, Ethereum derivatives have seen sharp deleveraging, with aggregate open interest sliding from $33.3 billion to about $11 billion, a 66% decline. CoinGlass also tracked roughly $189 million in 24‑hour liquidations as price moved toward $1,900, while exchange balances reached a multi‑year low of 16.1 million ETH.

WLFI’s price pulled back from a late January peak near $0.1800 and later stabilized between $0.0994 support and $0.1393 resistance as event-driven demand emerged. Following the World Liberty Forum and an RWA tokenization plan, WLFI briefly rallied toward $0.13 and now trades around $0.116–$0.12, with a confirmed break above $0.14 needed to target $0.15–$0.18.

On 15 Feb 2026, according to LookOnChain/X, Garrett Jin transferred 261,024 ETH (about $543 million) to Binance in staggered batches after previously selling 5,000 BTC for roughly $349 million following a $250 million January liquidation. With ETH near $2,080–$2,100, CryptoQuant data show the 30‑day taker buy‑sell ratio fell to 0.97 as exchange reserves neared 16.2 million ETH.

Bitcoin climbed back toward $70,000 as a new $736 million wave of short liquidations hit the market, clearing out crowded bearish positions. The move followed a deeper drop below the $73,000 realized price level, where many active holders were sitting on unrealized losses. With funding rates normalizing and open interest sharply reduced, derivatives data point to a leverage reset that could support further upside if spot demand strengthens.

Pepe (PEPE) saw 24-hour trading volume jump 283% to $1.07 billion, while its price rose 29.3% to $0.00000493 at the time of writing. The move positioned PEPE as a memecoin bellwether as capital rotated into high-beta assets, with whales accumulating trillions of tokens and derivatives positioning rebuilding over $400 million.