Crypto trading firm BlockFills has temporarily suspended client deposits and withdrawals, citing recent market and financial conditions.

The decision was disclosed in a post shared by the company on X and was described as a protective measure for both clients and the firm.

According to BlockFills, the suspension was implemented last week. While deposits and withdrawals are paused, clients have still been able to trade on the platform. This includes opening and closing positions in spot markets, derivatives trading, and select other situations, the firm said in its statement.

The company did not specify how long the restrictions will remain in place, but emphasized that trading functionality has been maintained to allow clients to manage existing exposure.

Bitcoin price swings during suspension week

The announcement comes amid notable volatility in the broader crypto market. Bitcoin (BTC), the largest cryptocurrency by market value, experienced sharp price swings last week.

BTC slid from a range near the low $70,000s to a weekly low around the mid-$60,000s before rebounding toward $67,000 at press time.

BlockFills said the move was taken to safeguard liquidity during a period of heightened uncertainty.

“Management has been working hand in hand with investors and clients to bring this issue to a swift resolution and to restore liquidity to the platform,” BlockFills said.

In its statement, BlockFills stressed its commitment to transparency. The firm said it has remained in active dialogue with clients, including hosting information sessions and giving customers the opportunity to ask questions directly to senior management.

Updates will continue to be shared as developments occur, according to the company.

The news, shared via the BlockFills X account, comes at a time of increased scrutiny around liquidity management across crypto trading firms, as market volatility continues to test operational resilience.

How Smart Money Moves Liquidity, Shapes Narratives, and Hunts Inefficiencies In DeFi, price doesn’t move because of vibes. It moves because of its size.

Whales — wallets controlling massive amounts of capital — are the invisible hands that shape liquidity, trigger volatility, rotate narratives, and quietly accumulate before retail even notices. If you want to survive (and thrive) on-chain, you don’t fight whales. You study them.

Let’s break down how they actually operate.

1️⃣ Who Are “Whales” in DeFi?

A whale isn’t just someone with a big bag. In DeFi, whales typically include:

What makes them powerful isn’t just capital — it’s coordination, speed, and access to data.

They don’t trade charts.
They trade liquidity, incentives, and psychology.

2️⃣ How Whales Move Markets

A. Liquidity Deployment & Withdrawal

In DeFi, liquidity is power.

When whales add liquidity to pools:

• Yields compress

• Slippage decreases

• Protocol TVL spikes

• Confidence increases

When they withdraw:

• TVL drops

• Yields spike

• Fear spreads

• Smaller LPs panic

A single large liquidity removal from a lending protocol can send shockwaves across borrowing rates.

B. Yield Farming Rotation

Whales constantly rotate capital to optimize emissions.

They:

• Enter early during high token incentives

• Farm aggressively

• Dump emissions into strength

• Exit before APY normalizes

This is why new farms look explosive at launch — and dry up 2–4 weeks later.

If you see sudden TVL spikes in a new protocol, ask:
Is this organic growth… or mercenary capital?

C. Governance Power Plays

DeFi governance is often token-weighted. Translation?
Capital = influence.

Whales can:

Some whales accumulate governance tokens quietly, then surface during critical votes. If you ignore governance flows, you’re missing half the story.

D. Liquidity Hunts & Stop Sweeps

In on-chain perpetual DEXs, whales often:

It’s not manipulation — it’s game theory in an open ledger system.

DeFi transparency means everyone sees the liquidation levels.
Guess who has enough capital to push prices into them?

3️⃣ Smart Whale Patterns to Watch

Here’s where things get interesting.

🧠 Early Accumulation Before Incentives

Whales often accumulate before:

• Token listings

• Major integrations

• Incentive campaigns

• Governance proposals

On-chain accumulation > Twitter hype.

🔁 Capital Rotation, Not Exit

When markets “crash,” whales often don’t leave crypto.
They rotate:

• From volatile tokens → stablecoin yield

• From farming → lending

• From altcoins → ETH/BTC

• From DEX perps → staking

Retail sees “exit.”
Whales see repositioning.

📉 Buying Fear Events

Bridge hacks, exploit rumors, governance drama — these are discount windows.

If fundamentals remain intact, whales accumulate during panic.
They sell optimism, not fear.

4️⃣ Real DeFi Examples of Whale Impact

Without naming specific wallets, history shows patterns across major ecosystems:

• During DeFi Summer, massive capital rotated between Curve, Yearn, Compound, and Sushi depending on emissions.

• When L2 ecosystems launched incentive programs, whales bridged millions within hours.

• In lending protocols, whale repayments have instantly normalized borrowing rates.

• Governance whales have swung DAO votes by double-digit margins.

In every cycle, whales front-run narrative shifts.

5️⃣ Tools to Track Whale Activity

If you’re serious about DeFi alpha, use data.

• On-chain explorers (Etherscan, Arbiscan, etc.)

• Wallet tracking dashboards

• Governance vote monitors

• TVL analytics (DeFiLlama)

• Token flow analytics

• Liquidation dashboards

Watching price without watching wallets is like watching the ocean surface and ignoring the currents underneath.

6️⃣ How Retail Can Use Whale Behavior

You don’t need whale capital.
You need whale awareness.

✔ Follow liquidity, not hype

✔ Track sudden TVL spikes

✔ Watch governance accumulation

✔ Study stablecoin inflows/outflows

✔ Avoid farming too late in incentive cycles

The edge isn’t predicting the market.
It’s understanding who has the power to move it.

7️⃣ The Harsh Truth

Whales don’t hate retail.
They just play a different game.

They optimize:

• Risk-adjusted yield

• Liquidity depth

• Incentive schedules

• Token unlock calendars

• Governance timing

Meanwhile, retail often trades narratives without checking on-chain flows.

That mismatch? That’s the opportunity.

Final Thought

DeFi is radically transparent. Every move is public.

Whales leave footprints — you just need to know where to look.

If you learn to interpret capital rotation, liquidity shifts, and governance positioning, you stop reacting to volatility… and start anticipating it.

And in DeFi, anticipation beats emotion every single time.

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TLDR:

• Danske Bank offers three ETPs tracking Bitcoin and Ethereum from BlackRock and WisdomTree providers. 
• Customers must pass knowledge assessment before accessing cryptocurrency products on the trading platform. 
• The bank views crypto as opportunistic investments and does not provide advisory services for these products. 
• MiFID II and MiCA regulations ensure enhanced investor protection and transparency for cryptocurrency ETPs.
  

Danske Bank has introduced cryptocurrency investment options for its customers through exchange-traded products tracking Bitcoin and Ethereum.

The Danish financial institution now offers three carefully selected ETPs on its trading platform, marking a significant shift in its approach to digital assets.

This move responds to growing customer demand while maintaining strict regulatory compliance under MiFID II and the EU’s MiCA framework.

Regulated Access to Digital Assets Through Established Providers

Danske Bank customers can now access cryptocurrency exposure through Danske eBanking and Danske Mobile Banking platforms without requiring digital wallets.

The bank selected ETPs from BlackRock and WisdomTree, two recognized international asset managers with established track records in the investment industry.

These products provide exposure to Bitcoin through two separate ETPs and Ethereum through one ETP.

The offering targets self-directed investors who use the trading platform without advisory services. Customers must complete an assessment questionnaire before gaining access to these products.

The evaluation determines whether investors possess sufficient knowledge and experience to understand the risks associated with cryptocurrency investments.

MiFID II regulations govern these investment products, ensuring enhanced investor protection and transparency regarding ongoing costs.

The regulatory framework provides standardized disclosure requirements that help investors make informed decisions. Meanwhile, the EU’s MiCA Regulation has contributed to improved oversight in the cryptocurrency sector.

“As cryptocurrencies have become a more common asset class, we are receiving an increasing number of enquiries from customers wanting the option of investing in cryptocurrencies as part of their investment portfolio,” said Kerstin Lysholm, Head of Investment Products & Offering at Danske Bank.

She noted that improved regulation has increased confidence in cryptocurrencies. However, the institution emphasizes that offering these products does not constitute a recommendation of the asset class.

No Advisory Services as Bank Maintains Cautious Stance

Danske Bank currently views cryptocurrency investments as opportunistic rather than components of long-term portfolio strategies.

The bank does not provide advisory services for these products at present. Customers interested in cryptocurrency exposure must navigate these investments independently through the self-directed trading platform.

The platform integration strengthens Danske Bank’s position as a provider offering access to more than 15,000 different securities.

ETPs eliminate several challenges associated with direct cryptocurrency ownership, including storage security and transaction speed. Customers can trade these products with the same ease as traditional securities.

“It is always important for us that our customers can invest in a good and proper manner,” Lysholm explained. “For customers wanting to invest in cryptocurrencies, we regard ETPs as a suitable solution that offers clear advantages compared to direct investments in cryptocurrencies.“

The ETP structure provides benefits regarding trading efficiency and asset custody. Storage risks that accompany self-managed digital wallets are removed through this approach.

The bank maintains strong warnings about the high-risk nature of cryptocurrency investments. Potential investors face the possibility of substantial losses when engaging with this asset class.

Danske Bank’s measured approach balances customer demand with responsible risk management practices.

IHC and First Abu Dhabi Bank-initiated DDSС stablecoin goes live with the UAE Central Bank approval and license, proving ADI Chain’s readiness to support regulated global financial and capital markets infrastructure at scale.

The Dirham-Backed Stablecoin DDSC is now live on ADI Chain. Backed 1:1 by UAE Dirham reserves, it was initiated by International Holding Company (IHC), one of the largest investment companies in the world, with $240 billion in capitalization, and First Abu Dhabi Bank (FAB) – the UAE’s largest bank with over $330 billion in assets and 33% of the UAE banking market share.

DDSC is approved and licensed by the UAE Central Bank and operates exclusively on ADI Chain, an institutional-grade Layer 2 blockchain infrastructure built for national-scale deployment. FAB serves as the banking partner, providing custody of fiat reserves and bringing 4 million customers across 20 markets and decades of banking infrastructure onto programmable blockchain rails.

The model is designed with clear separation. IHC and FAB initiated the stablecoin project, with Sirius International Holding supporting deployment and institutional adoption. DDSC, a registered entity, serves as the distributor and issuer. The UAE Central Bank approved and licensed it. ADI Chain hosts it on compliance-ready infrastructure.

Proving the Compliance-Ready Blockchain Model

Stablecoins have reached a global scale. According to a16z crypto’s State of Crypto report, stablecoin transactions exceeded $46 trillion in 2024. Usage now resembles traditional payment rails rather than speculative trading. Digital cash is moving from a crypto-native tool to a strategic national infrastructure.

DDSC demonstrates that compliance requirements don’t conflict with public blockchain benefits. The infrastructure delivers instant settlement, 24/7 availability, and transparent transaction rails. Industry data shows the UAE processes over $70 billion in digital payment transaction value annually, alongside nearly $50 billion in cross-border remittances and significant trade flows across MENA-Asia-Africa corridors. DDSC stablecoin provides compliant settlement rails for these existing flows.

When a Central Bank trusts blockchain infrastructure for monetary settlement, governments and institutions worldwide take notice. Post-mainnet, ADI secured MOUs with BlackRock, Mastercard, and Franklin Templeton for tokenized asset settlement, blockchain payment rails, and digital product infrastructure, alongside M-Pesa Africa for cross-border remittance rails across eight African markets. These collaborations validate the compliance-first approach.

The Infrastructure Behind Sovereign Settlement

ADI Chain is the first institutional Layer 2 blockchain for stablecoins and real-world assets in MENA. The ADI Foundation was founded by Sirius International Holding, the digital arm of IHC, which is one of the world’s largest investment holding companies.

The foundation developed ADI Chain as a purpose-built infrastructure for emerging markets where compliance, security, and regulatory alignment cannot be compromised.

The architecture rests on three pillars:

• Compliance-ready infrastructure begins with the ADI Foundation, which operates under the ADGM regulatory framework.
• Efficient execution leverages ZKsync’s Airbender technology, making ADI the first blockchain to implement the latest generation of zero-knowledge proof systems.
• Secure architecture is validated through OpenZeppelin’s comprehensive audit covering core contracts, infrastructure, token standards, and critical systems.

This combination creates infrastructure that addresses institutional needs without compromising the benefits of public blockchain technology.

ADI: The Utility Token

Every blockchain requires a gas token to function. For governments and institutions building compliant infrastructure, that token needs to deliver functions beyond processing transactions.

ADI serves as the core utility token for MENA’s first institutional Layer 2 ecosystem. The token processes all smart contract executions, dApp interactions, and value transfers across ADI Chain and its L3 sovereign networks. It functions as the medium of exchange across the ecosystem, facilitating settlement between enterprises, developers, validators, and users, creating a unified settlement layer for network operations.

DDSC stablecoin operates on ADI Chain’s infrastructure, where ADI functions as the utility token powering on-chain transactions. When users transfer DDSC for payments, settlements, or cross-border remittances, ADI processes the underlying blockchain operations. 

The Path Forward

DDSC represents the first step in a larger infrastructure play. The roadmap moves through clear stages: prove the model with the UAE’s dirham, extend to other GCC currencies, connect to Africa via M-Pesa infrastructure, and enable interoperable settlement across MENA-Africa-Asia.

The goal is a network of institution-backed regional stablecoins, all interoperable on ADI Chain, creating a compliant settlement infrastructure for emerging markets. ADI Foundation is building infrastructure to support multiple governments launching regional stablecoins on the same compliance-ready settlement layer.

A year ago, the ADI Foundation announced its formation at Abu Dhabi Finance Week. Twelve months later, it returned to the same stage to announce the mainnet launch. Today, Dirham-Backed stablecoin DDSC goes live on ADI Chain, proving that regulated national stablecoins can operate on public blockchain infrastructure.

About ADI Foundation & ADI Chain

ADI Foundation is an Abu Dhabi-based non-profit founded by Sirius International Holding, a subsidiary of IHC, dedicated to empowering governments and institutions in emerging markets through blockchain infrastructure. The foundation’s mission is to bring one billion people into the digital economy by 2030, building on a foundation of 500+ million people already within its ecosystem reach.

ADI Chain is the first institutional Layer 2 blockchain for stablecoins and real-world assets in the MENA region, providing settlement infrastructure for a dirham-backed stablecoin initiated by IHC and FAB, licensed by the UAE Central Bank. The network operates on three pillars – Compliance, Efficiency, Security – serving governments implementing blockchain infrastructure across the Middle East, Asia, and Africa.

For more information, visit the Official Website, LinkedIn, and X. 

Uniswap price is up around 3% over the past 24 hours, trading near $3.40. But this small move hides what really happened on February 11. That day, UNI surged nearly 42% to a high near $4.57 after news linked Uniswap to BlackRock’s tokenized fund expansion.

Since then, sellers have erased about 26% of that rally. This raises a key question: was this institutional-driven breakout a real trend shift, or a trap for retail buyers?

Uniswap Price Breakout on February 11 Was Driven by Retail Momentum

The rally on February 11 did not happen randomly.

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On the 12-hour chart, Uniswap price had been forming a bullish setup since mid-January. Between January 19 and February 11, UNI made lower lows while the Relative Strength Index, or RSI, made higher lows. RSI measures momentum by tracking buying and selling strength. When price falls, but RSI rises, it signals a bullish divergence, often warning that selling pressure is weakening.

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This divergence suggested that a rebound was building.

That signal was confirmed on February 11. On that day, On-Balance Volume, or OBV, broke above a long-term descending trendline. OBV tracks whether volume is flowing into or out of an asset. When OBV breaks upward, it usually shows growing retail participation. The timing was important.

RSI divergence had been in place for weeks. OBV only broke out on February 11, exactly when the BlackRock-linked news hit the market. This shows that retail traders reacted aggressively to the headline, rushing into UNI.

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With momentum and volume aligned, the Uniswap price surged to around $4.57 in a single session. But the structure of that candle raised early warning signs.

On the 12-hour chart, the breakout candle formed with a very long upper wick and a small body. This means buyers pushed the price higher, but sellers absorbed most of the move before the close. It was the first sign that a strong supply existed near $4.50. The rally looked powerful. But distribution had already started.

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Whale Selling Near $4.57 Explains the Sharp Rejection

The long wick on February 11 was not driven by random selling. Whale data shows who was responsible.

On that day, supply held by large Uniswap holders dropped sharply from about 648.46 million UNI to 642.51 million UNI. That is a reduction of roughly 5.95 million tokens. At prices near $4.57, this represents selling pressure worth about $27 million.

This was not profit-taking by small traders. It was a coordinated distribution by large wallets.

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While retail buyers were chasing the breakout, whales were exiting into strength. This explains why the UNI price failed to hold above $4.50 and why the rally collapsed so quickly. Once large holders finished selling, buy-side momentum weakened. Without whale support, the market could not sustain elevated prices.

The result was a fast retracement. From the $4.57 peak, the Uniswap price fell about 26%. Most late buyers were possibly immediately pushed into losses. This confirms that the BlackRock-related surge became a liquidity event for large holders.

Retail provided the demand. Whales provided the supply.

4-Hour Chart Shows the Uniswap Price Rally Target Was Already Completed

The lower timeframe explains why the pullback started so quickly. On the 4-hour chart, Uniswap had been forming an inverse head-and-shoulders pattern inside a descending channel. This is a classic reversal structure that often signals a short-term breakout.

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On February 11, UNI broke above the neckline of this pattern and quickly reached its projected target near $4.57. In technical terms, the setup had already completed its measured move.

At the same time, the 4-hour OBV divergence became clear. Between late January and February 11, UNI moved higher, but OBV continued trending lower. This shows that volume strength was weakening even as the price rose. This bearish OBV divergence warned that the breakout was not being supported by sustained retail demand. Plus, the OBV is currently trending down, showing retail offloading.

Retail traders focused on the price move. Whales focused on the structure. By the time most buyers entered, the rally was already mature. Now, price is drifting near $3.40 while volume continues to weaken. This suggests that speculative demand is fading.

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If UNI holds above $3.21, the market may attempt consolidation. But this support is fragile because it is built on short-term buying, not long-term accumulation.

A breakdown below $3.21 would likely trigger another sell wave. In that case, the next major level sits near $2.80, which marks the head of the prior reversal pattern. A move to this zone would erase all of the BlackRock-driven gains.

To regain strength, Uniswap price must reclaim the $3.68 to $3.96 region. This area now acts as a major obstacle after the failed breakout. Only a sustained move above it would reopen upside toward $4.57.

WhatsApp, the messaging app owned by social media giant Meta, has accused Russia of attempting to block access for millions of its users to push them towards its state-owned alternative.

“Trying to isolate over 100 million users from private and secure communication is a backward step and can only lead to less safety for people in Russia. We continue to do everything we can to keep users connected,” the company said in an X post on Wednesday.

Moscow’s state-backed platform Max was launched in March 2025 by Russian tech firm VK as a domestic alternative to foreign-owned services such as WhatsApp and Telegram.

The government has since been promoting it heavily, making it mandatory for all smartphones sold in the country starting Sept. 1 to be pre-installed. 

SEO firm Backlinko estimates that Russia has the fourth-largest active monthly WhatsApp user base, with 72 million users, behind Indonesia, Brazil, and India.

Russian media reports claim WhatsApp is inaccessible

Gazeta.ru, a Russian online news website based in Moscow, reported Wednesday that WhatsApp’s domain had been completely blocked, making it inaccessible without a VPN or similar workaround.

The outlet also reported, citing state-owned news agency TASS, that presidential press secretary Dmitry Peskov said unblocking WhatsApp in Russia would require the messaging service to follow Russian laws and show a willingness to negotiate.