Weekly Recap Research 23 Feb - 01 Mar 2026

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Weekly Recap Research

Bitcoin Stronger Than Global Stocks Amid Iran Tensions

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The crypto market is facing volatility after tensions in the Middle East intensified by the US-Israeli clash with Iran, which quickly plunged global financial markets into risk-off. However, Bitcoin has shown strength against other risky assets, with the price recovering to around $66,500, up more than 5% from A weekend low of around $63,000, even if the event caused the Long Shore port to clear over $300 million in the crypto market within a 24-hour period.

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Meanwhile, the stock market is clearly under pressure, with S&P 500 futures down about 1.1 percent and the Nasdaq 100 down about 1.5 percent. Many investors are turning to safe-haven assets like gold and oil, which rose significantly, with oil prices soaring to around $82 a barrel, up about 13 percent amid concerns about transportation routes. Energy through the Straits of Hormuz. Despite the global market atmosphere in cautious mode, Bitcoin continues to move within a range of around $62,500—$70,000, a price range in which the crypto market has been swinging since early February, reflecting the role of the digital asset that is beginning to be seen as an alternative to freckles. Risk Displacement During Geopolitical Uncertainty

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ZachXBT Unveils Axiom Platform Employee Uses Insider Crypto Trading Customer Data

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Renowned on-chain investigator ZachXBT has revealed the results of an investigation alleging that employees of the crypto trading platform Axiom were involved in insider trading behavior, relying on internal tools to access user data such as wallet addresses, transaction histories and linked accounts, before using that information to track the trading behavior of major traders, or KOLs, in the market. Crypto, so that their group can position trades in advance.

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The report also states that a senior employee named Broox Bauer allegedly used an internal dashboard to track the wallets of multiple users and shared data with his group of traders, compiling the target's wallet in spreadsheet format to analyze market movements. In addition, some of the conversations that were revealed mentioned discussed plans to help friends make around $200,000 in profits from using the data. Inside, after the allegations were published, Axiom stated it was “deeply disappointed” by the incident and had immediately revoked access to the internal tools of the employees involved, ready to begin. The internal investigation process, in which the case again raised key issues regarding the governance of user data and ethical standards in trading within the crypto industry.

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Top Net flows

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The period February 23 - March 1, 2026 on-chain data from Artemis clearly reflects the movement of liquidity between the networks, with Hyperliquid being the network with the highest inflow of capital in 7 days, around +$100 million, reflecting the growing popularity of the perpetual DEX platform during a period of market volatility, followed by Base with net inflow. Around +$80 million and Polygon PoS around +$40 million, while BNB Chain and Injective have increased inflows in the range of about +20—30 million dollars, it shows that some liquidity is beginning to move to an ecosystem focused on DeFi activities and Trade More Derivatives During Market Swing

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On the other hand, some Layer 2 networks are facing capital outflows, with Arbitrum having a maximum net outflow of around -$150 million, while the Ethereum mainnet has an outflow of around -$60 million and the OP Mainnet of around -20 million dollars. This liquidity move comes at the same time that the crypto market faces a sell-off from ETFs and Bitcoin price moves in the market. Around $62,000—$68,000, some investors have been adjusting their strategies by leveraging funds to platforms that offer more opportunities to generate returns on trading or DeFi. The overall picture thus reflects that the market is not losing overall liquidity, but that interchain capital turnover is taking place. Network based on opportunities in each ecosystem

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Fear & Greed Index

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The Crypto Fear & Greed Index is one of the tools used to assess the outlook and sentiment of the crypto market, citing scores ranging from 0 to 100 (0 stands for Extreme Fear or Extreme Fear and 100 stands for Extreme Greed).

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During the period of February 23 to March 1, 2022, the crypto market faced severe volatility amid a heavy slump in Sentiment, with the Crypto Fear & Greed Index falling to levels. Extreme Fear(Low of around 5-10) reflects the extreme fear of investors. The main reason is that Bitcoin (BTC) fell from around $67,668 on Sept. 23. Fr. It touched a low of $63,924 on the same day, before recovering slightly but still closing at around $64,616-$65,000 late in the month before starting a clear rebound in early March (i.e., going up to the $70,000 test on 2-4 Mar. c.) This adjustment resulted in liquidations totalling over $468 million, mostly from Long positions, and major whales lost up to $61 million on HTX, as well as pressures from Macroeconomic Uncertainty such as Tariff Threats and geopolitical risks that have kept the market Risk-off continuing.

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However, after Sentiment was at its highest fear level, the market began to signal a recovery, with BTC rebounding from a low near $63,000, closing back above $65,000 on March 1, before continuing to climb to above $72,000 during March 4—5. The move is consistent with the Crypto Fear & Greed Index beginning to recover from level 21 (Fear) according to the chart. Reflecting that Extreme Fear is often the psychological low point of the market and can lead to a rebound when Sentiment begins to return to neutral or positive. Over the same period, cash flows in ETFs on some days begin to return positive, such as inflows of around +$506 million on the day. February 25, which helped support the price recovery, although the market outlook remains fragile from the previous outflow.

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Bitcoin ETF Flow

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Capital flows in the Spot Bitcoin ETF market as of late February 2026 have been quite volatile, starting the week with a net sales force on February 23 at -203.8 million, led by BlackRock IBIT fund outflows of $-116.4 million, followed by Fidelity FBTC -$27.9 million and Bitwise BITB -43.6 million. The picture echoes the force. PRESSURED BY THE CRYPTO MARKET THAT HAD JUST FACED A CORRECTION IN THE PREVIOUS PERIOD, HOWEVER, THE DIRECTION BEGAN TO CHANGE ON FEBRUARY 24, WHEN THERE WAS A NET INFLOW OF $257.7 MILLION AND A CLEAR ACCELERATION ON FEBRUARY 25 TO +506.6 MILLION DOLLARS BY THE IBIT FUND. BlackRock's had inflows of up to $297.4 million, while Fidelity's FBTC +$30.1 million and Grayscale GBTC +$102.5 million contributed to bolster the market's overall picture.

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The inflow momentum continued on February 26, with Inflow totaling +$254.4 million. Although Fidelity had an outflow of $51.5 million, it was offset by buying forces from IBIT of +$275.8 million and BITB +$69 million before the downtrend began to slow on February 27, returning to Outflows of -27.5. Millions of dollars reflect the short-term profitability of institutional investors. The overview for late February thus shows that the demand for investment through ETFs remains, but capital flows continue to fluctuate according to the crypto market sentiment and Bitcoin price direction in the short term.

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Ethereum ETF Flow

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The Spot Ethereum ETF market at the end of February continued to face a continued sell-off, with net outflows of around $49.5 million on February 23, 2026, led by BlackRock's (ETHA) fund outflows of around $45.4 million and VanEck (ETHV) another -$2.7 million. The picture reflects the pressures from the crypto market atmosphere. Big that is still in cautious mode after both Bitcoin and other risk assets fell in the previous period. However, on February 24, market signals began to become more stable, with a slight net inflow of around +$9.2 million from buying power in Grayscale ETH funds rising by about +11.1. Millions of dollars

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The momentum of capital flows began to change clearly on February 25, 2026, when the Ethereum ETF had a net inflow of $157.2 million, marking one of the high inflow days of the week. The main buying force came from Fidelity FETH at +$61.9 million, followed by BlackRock ETHA of +$31.3 million and Grayscale ETHE +$33.9 million, reflecting the reversal. Coming to the attention from institutional investors after the price of digital assets began to show signs of recovery in late February. However, capital flows returned to swing again on February 26, with an inflow of just +$6.6 million, suggesting that the market is still in a bullish accumulation phase. And wait for new factors to determine the direction in the next phase.

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Important news:

Revolut Joins Stablecoin Testing in British FCA Regulatory Sandbox  

South Korea Increases Crypto Regulation Seized by Criminal Cases and Money Laundering

US seizes over $580 million in crypto from multinational Chinese crime network

Source:

https://www.coindesk.com/markets/2026/02/23/usd61-million-bitcoin-whale-liquidated-on-htx-as-sentiment-back-at-extreme-fear

https://www.coingecko.com/en/exchanges/derivatives/decentralized

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Note: This analysis is provided every Monday, so some articles may have data discrepancies.

Nota: Questo analisi è situato ogni monday, quindi alcuni parti del articolo possono contengono informazioni inaccurati

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8eWarning: Cryptocurrencies and digital tokens are highly risky. You may lose your entire investment. Please study and invest according to the acceptable level of risk.

Thank you for following.

J.P. Daniel