Top 7 Crypto | Analytics & Alpha

Backpack might be looking to raise $50M at a $1B valuation Backpack, a centralized crypto exchange built by former FTX and Alameda leaders, is negotiating terms for new financing of up to $50M at a $1B valuation, Axios has learned from sources familiar with the deal. Meanwhile, Polymarket odds give only 26% chance of keeping $1B valuation at TGE. Previously, Backpack raised $37M from Jump Crypto, Multicoin Capital, Placeholder VC, Wintermute, Robot Ventures, and others. According to Axios, Backpack claims it generated over $100M in revenue in 2025. For comparison, Lighter earned around same $100M in 2025, while Hyperliquid generated around $840M in revenue last year. Now team prepares for upcoming TGE and initial airdrop: • Total supply is 1B tokens • 25% of tokens to be distributed at TGE • 24% (240M tokens) allocated to points holders • 1% (10M tokens) reserved for MadLads NFT holders Check good Backpack airdrop calculator here🔗backpack-calculator.swishi.xyz 🔗axios.com/pro/fintech-deals/2026/02/09/backpack-exchange-50m-raise-unicorn-valuation @TOP7ICO

⚡️BREAKING: Strategy acquired 1,142 BTC for ~$90M at an average price of ~$78,815 per BTC As of February 8, Strategy holds 714,644 BTC purchased for ~$54.35B at an average of ~$76,056 per BTC. At the current BTC price of $69,014, Strategy has an unrealized profit of approximately $5B. 🔗x.com/saylor/status/2020846107685695931 @TOP7ICO

Top 7 Crypto Sites by Visits in January: Prediction Markets Flip Major Exchanges Polymarket (38.4M visits) has officially overtaken Coinbase (27.7M) in monthly visits, and got very close to Robinhood (40.9M). This confirms that prediction markets are no longer a niche - they are now a primary source of information and speculation, beating out traditional CEXs. Data source 🔗Similarweb @TOP7ICO

Espresso’s [ESP] Pre-TGE Prime Sale on Binance Wallet During Prime Sale Campaign, users can subscribe to an allocation to Espresso, within the Binance Wallet. Pre-TGE subscription details • Activity Start: Feb 10, at 12:00 UTC • Subscription cap per user: 3 BNB ℹ️ Espresso builds a shared sequencing and confirmation layer for L2 rollups, so chains can focus on building user experiences rather than competing for fragmented liquidity. It raised $60M total from a16z Crypto, Greylock Partners, and Electric Capital, and $4M via public raise on Kaito. 🔗x.com/BinanceWallet/status/2020815231358758987 @TOP7ICO

Giannis Antetokounmpo has stake of over $100M in Kalshi Milwaukee Bucks star Giannis Antetokounmpo announced Friday that he has become a shareholder in Kalshi, the CFTC-regulated prediction market platform, through his company Ante Inc. The deal was signed on Thursday, the day of the NBA trade deadline, and that Antetokounmpo’s stake falls below 1% of the company; at Kalshi’s $11B latest valuation, a 1% stake is worth over $100M. The company did not disclose the exact size of the stake, or how far it falls below the 1% threshold. Kalshi was running event contracts on Antetokounmpo’s own trade destination earlier that week, garnering over $23M in volume. Kalshi said under the platform’s rules, Antetokounmpo is prohibited from trading on NBA markets and any markets involving him personally. 🔗theblock.co/post/388940/kalshi-says-nba-star-giannis-antetokounmpos-stake-is-below-1-controversial-deal-was-signed-thursday @TOP7ICO

🚨Binance buys ~$300M worth of Bitcoin for SAFU fund Binance SAFU Fund bought another 4,225 $BTC ($299.6M), bringing its total purchase to 10,455 $BTC ($734M). 🔗intel.arkm.com/explorer/address/1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD @TOP7ICO

Based introduces BASED tokenomics with 23.5% allocated to Airdrop $BASED total supply is 1B, with 235M allocated to Based community members who participated in Season 1 and Season 2 points campaigns, PUP holders, BasedPal NFT holders, and launch partners supporting the TGE. Moreover, from Jan 5 to May 4, a total of 50M Diamonds will be issued for Season 3, with 15M distributed retrospectively based on user activity as of February 12, and the remaining 35M released from February 13 at a fixed daily rate of 432,098 Diamonds. 75M reserved for the Ethena community in recognition of their strategic investment and the collaboration on HyENA. TGE is set to launch in March 2026. Users can calculate their potential airdrop here. ℹ️ Backed by Ethena Foundation, Based is a consumer-focused platform combining trading, prediction markets, payments, and on-chain commerce into a single ecosystem. 🔗x.com/BasedFnd/status/2020489920222282164 @TOP7ICO

Espresso [ESP] Airdrop Registration is closing today Registration for Espresso $ESP airdrop is closing today, on Feb 9 midnight, 12am UTC. • About 1M wallets are eligible for initial airdrop, with over 40 eligibility criteria. • 10% of $ESP tokens are allocated for this airdrop. Espresso builds a shared sequencing and confirmation layer for L2 rollups, so chains can focus on building user experiences rather than competing for fragmented liquidity. It raised $60M total from a16z Crypto, Greylock Partners, and Electric Capital, and $4M via public raise on Kaito. Check your wallets forpotential drop here 🔗claim.espresso.foundation @TOP7ICO

Prediction Markets terminal Chance rewards retroactively for Polymarket trading Chance is the all-in-one platform that lets you explore, analyze, and act across all of the Prediction Markets from one interface. Chance integrates Polymarket, Kalshi, Opinion Labs, with Predict.fun and Limitless coming soon. It just reached $15M+ in weekly volume, aggregating 0.75% of total Polymarket volume for the last week. You can now log in to Chance terminal with invite code, verify your Polymarket wallet (no need to connect), and claim the gift box. Moreover, while trading on Chance, you’ll also be able to claim future $POLY airdrop, just like if you were using Polymarket platform itself. Platform is still in invite-only Beta. Here are 5 FCFS codes: 59AD66, Y93EGJ, NTE7U7, ZU78B7, YDPURD. 🔗https://x.com/Chance_/status/2019831180292497519 @TOP7ICO

Top Upcoming Crypto Events of Next Week February 9–15, 2026 Next week is packed with exciting TGEs, sales, and product launches. Save our calendar to make sure you don't miss any of next week's key crypto events! On the radar • Sales: $CAP • TGEs: $UP $AZTEC • Products & Mainnet: $MEGA $ZK • Unlocks: $RAIN $APT $PUMP • Offline Events: #Consensus_HK @TOP7ICO

Token Unlocks: Over $420M in Assets Unlocking Next Week February 9–15, 2026 More than $420M worth of tokens are set to enter circulation next week. • $RAIN → $346M on Feb 10 • $PUMP → $20.6M on Feb 14 • $APT → $12.4M on Feb 12 • $LAYER → $10.7M on Feb 11 • $SEI → $7.43M on Feb 15 • $STRK → $6.49M on Feb 15 • $B3 → $5.74M on Feb 10 • $MOCA → $4.3M on Feb 11 • $MOVE → $3.8M on Feb 9 • $HOME → $3.7M on Feb 10 $RAIN takes the lead with a massive 37.43B tokens ($346M worth) being released, accounting for over 80% of the total weekly unlock value. @TOP7ICO

Too Much Winning – How Major Crypto Dumped after Trump’s Inauguration🇺🇸 A year ago today, Trump took Oval office and Bitcoin hit an all-time high. The market priced in a Golden Era, fueled by an aggressive list of campaign promises that sent valuations high – executive orders, strategic reserves, and regulatory clarity. Instead, we got tariffs, hawkish Fed picks, and a Treasury Secretary who said there's "no statutory authority" to buy crypto with taxpayer funds. We are now in a max pain zone compared to the inauguration hype, with corporate treasuries sitting on $25B in unrealized losses. Here's the reality check since Inauguration Day (Jan 20, 2025 vs Feb 6, 2026): 📉 Trump $TRUMP -92.5% 🐶 Dogecoin $DOGE -73.6% 🟣 Solana $SOL -66.8% ⚫️ XRP $XRP -52.5% 🔵 Ethereum $ETH -39.2% 🟠 Bitcoin $BTC -33.3% 🟡 BNB $BNB -5.7% The campaign promised a Bitcoin strategic reserve. The reality delivered the worst drawdown since 2022. This is the gap between narrative and execution, expectations and reality. @TOP7ICO