Odaily News According to Coinglass data, the entire network liquidated $759 million in the past 4 hours, with long positions accounting for $679 million and short positions for $79.2769 million.

Among these, BTC alone liquidated $398 million, while ETH liquidated $171 million.

Odaily News: Coinbase will list Hyperliquid (HYPE). Spot trading is scheduled to go live on February 5, 2026. If liquidity conditions are met and trading is supported, the HYPE-USD trading pair will begin opening later today.

According to monitoring by Onchain Lens, a whale's SOL long position was just fully liquidated, resulting in a loss of $6.7 million. The whale's overall position loss has now exceeded $16 million.

Odaily News According to Onchain Lens monitoring, Machi Big Brother continues to hold long positions during the market downturn, depositing another 250,000 USDC into Hyperliquid. Currently, he has opened a 25x leveraged ETH long position, a 40x leveraged BTC long position, a 10x leveraged HYPE long position, and a 10x leveraged PUMP long position.

Odaily News: Cryptocurrency exchange Gemini announced plans to reduce its workforce by up to 25%, which will affect up to 200 positions globally, including employees in the United States and Singapore. Gemini co-founders Tyler and Cameron Winklevoss stated, "For various reasons, these overseas markets have proven difficult to win, and we find ourselves struggling with organizational and operational complexities, which have increased our cost structure and slowed us down." (Bloomberg)

Odaily News According to Onchain Lens monitoring, a whale spent 28 million USDT to purchase 13,837 ETH in the past 5 hours, with an average purchase price of $2,024.

Odaily News CryptoQuant released a report indicating that on-chain data signals show the current market downturn is deepening, with performance worse than the early stages of the 2022 bear market, and the BTC price may fall towards $60,000. The next major support zone for BTC is between $60,000 and $70,000, and there is widespread structural weakness in the current crypto market. Institutional demand has undergone a sharp reversal, with US spot BTC exchange-traded funds shifting from net buying last year to net selling, while retail participation remains sluggish, with the Coinbase premium staying negative since mid-October. Liquidity conditions are also tightening. Furthermore, long-term demand growth has collapsed significantly, with BTC's annual spot demand growth dropping from 1.1 million BTC to 77,000 BTC over the past four months, a decline of 93%.

Odaily News White House spokesperson stated that U.S. President Trump will launch the TrumpRX website on Thursday. (Jin10)

Odaily News According to Antpool data, based on the current Bitcoin mining difficulty and an electricity price of $0.08 per kWh, the Antminer S21+, Antminer S21e Hyd., Antminer S21, and Whatsminer M63S (360T) have reached their shutdown price. Furthermore, the Antminer S21 Imm., Antminer S21 Hyd., and Antminer S21+ Hyd. are currently approaching their shutdown price.

Odaily News According to on-chain analyst Ai Yi's monitoring, the whale/institution "7 Siblings" added another 6,923.85 ETH (approximately $13.91 million) in the past hour as ETH fell below $2,000. The average cost was $2,009.8. Their current ETH holdings now stand at 318,508.07 ETH.

According to Odaily, as Bitcoin's price declined, Bitfinex margin long positions rose to approximately 77,100 BTC, reaching a nearly two-year high. This trend indicates that significant leveraged capital for bottom-fishing remains active during the market downturn. Furthermore, the size of Bitfinex margin long positions has increased by about 64% over the past six months, which is often interpreted as a signal that large investors or high-risk-preference capital are continuing to add positions during periods of market stress. However, historical experience shows that this metric often expands during market stress phases but does not necessarily indicate that the price has bottomed out. Analysis suggests that the current continuous accumulation of margin long positions, on one hand, reflects bottom-fishing behavior in the market, and on the other hand, may also imply that the market has not yet completed its final shakeout, with short-term volatility risks still present. (CoinDesk)

Odaily News According to Onchain Lens monitoring, a whale deposited 10,128 ETH, worth $20.44 million, into Galaxy and FalconX.

According to Gate data, spot silver has fallen below $73 per ounce, down 17.18% intraday. New York silver futures have retreated below $72 per ounce, down 14.71% intraday.

Odaily News According to a post by on-chain analyst Ai Yi on platform X, ETH has fallen below $2,000. If Trend Research under Yi Lihua closes all its leverage positions, it would need to sell an additional 320,000 ETH. Its current liquidation range is between $1,574.6 and $1,681.49.

Odaily News According to Lookonchain monitoring, U.S. Bitcoin ETFs saw a net outflow of 7,925 BTC today, Ethereum ETFs saw a net outflow of 37,809 ETH, and Solana ETFs saw a net outflow of 21,223 SOL.