GateNewsBot

Gate News bot message, the whale @loraclexyz has opened 20x short positions on $BTC and $ETH, and a 5x long position on $PAXG. Additionally, there is a slight increase in $LIT short position. The overall profit now stands over $32M.
Current holdings include: 1,478,842 $HYPE ($48.69M), 380.76 $BTC (

Odaily Planet Daily reports that Arthur Hayes posted on X stating: "The sharp drop in BTC may be due to traders hedging structured products related to IBIT. I will compile a complete list of all bank-issued notes to better identify potential triggers for rapid price swings. The rules of the game have changed, and we must also keep up with the times."

ChainCatcher reports that, according to Arkham data, at 12:45, 68,600 SOL (worth approximately $6,036,300) was transferred from an anonymous address (starting with 8shNPN...) to another anonymous address (starting with D9gAof...).

ChainCatcher reports that, according to Arkham data, at 12:46, 157.24 BTC (worth approximately $11,119,400) was transferred from an anonymous address (starting with bc1qn7a0h9...) to another anonymous address (starting with bc1qtghdkd...). Subsequently, this address transferred 20 BTC to

CoinVex Ecosystem Partnership Project EC Treasury completes millions of dollars in funding, led by Eastern Fortune Investments and Ludus Ventures. In deep collaboration with Ocean Group, advancing the real-world asset treasury plan to achieve asset appreciation and improve market efficiency.

ChainCatcher News reports that, according to The Wall Street Journal, the crypto-friendly bank Erebor Bank has become the first newly established bank to receive a nationwide banking license during Trump's second term. A spokesperson for the Office of the Comptroller of the Currency (OCC), which oversees nationwide banking licenses, has confirmed the approval of Erebor Bank's license application.

Odaily Planet Daily reports that investment firm Variant's Chief Legal Officer Jake Chervinsky stated, "Today is my last day working full-time at the company; afterward, I will transition to an advisory role."

There was no obvious trigger for this round of Bitcoin sell-off, but multiple factors such as leverage collapse, miner sell-offs, and the cooling of AI hype collectively contributed to Bitcoin dropping to $60,000. Market deleveraging is significant, and investors' psychological impact from the four-year bull-bear cycle still remains substantial.

ChainCatcher reports that, according to Coinglass data, if BTC drops below $67,343, the total long liquidation strength on major CEXs will reach $1.572 billion. Conversely, if BTC breaks above $74,259, the total short liquidation strength on major CEXs will reach $921 million.

ChainCatcher reports that, according to Coinglass data, if ETH drops below $1,977, the total liquidation strength of long positions on major CEXs will reach $872 million. Conversely, if ETH breaks above $2,179, the total liquidation strength of short positions on major CEXs will reach $642 million.

Gate will launch the "Trade Entry Check-in Challenge Phase 2" from February 6 to February 24, with a total prize pool of 66,000 USDT. New traders can earn up to 1,000 USDT as a reward for their first trade. The event encourages daily check-ins, benefiting both traders and followers.

Yesterday, XRP spot ETF had a total net inflow of $15.16 million, with Bitwise XRP ETF net inflow of $8.29 million, bringing the total historical net inflow to $358 million; Franklin XRP ETF had a net inflow of $3.94 million. The total net asset value of XRP spot ETF is $1.04 billion.

ChainCatcher reports that, according to Arkham data, at 11:42, 3406.95 ETH (worth approximately $7.06 million) was transferred from an anonymous address (starting with 0x28ef...) to another anonymous address (starting with 0x3e13...).

Glassnode report indicates that on-chain investor behavior at the end of last year showed signs of entering a bear market, with a 45% price decline over 100 days. Long-term holders are enjoying significant profits but are slowing down on selling, with the market loss rate reaching 24%, still not in an extreme panic stage. Buyers at high levels are under psychological pressure, and the market structure is similar to May 2022.

Odaily Planet Daily reports that Su Zhu posted on X: “I am not very optimistic about the prospects of privacy coins. Exchanges will face enormous pressure and are likely to cut support for them. In fact, Tornado remains the most usable privacy protocol at the moment. Among these ‘antique coins,’ the most worth paying attention to might be BCH. In the coming years, the threat of quantum computing to Bitcoin could become a common topic, and as the public gradually realizes the difficulty of upgrading BTC, this awareness will further spread.”

According to RootData, the compliant blockchain ecosystem Rayls has gained the most new X (Twitter) followers in the past 7 days, including several influential figures in the crypto space.

ChainCatcher message: According to Arkham data, at 11:11, 294.24 BTC (worth approximately $20,168,700) was transferred from Anchorage Digital to an anonymous address (starting with 33DwCCSn...).

Against the backdrop of declining liquidity in the crypto market, more and more exchanges are turning their attention to on-chain traditional assets and derivatives trading. With a mature product ecosystem and high trading activity, Gate is gradually demonstrating its advantages in the "full asset competition," with its XAUT contract trading volume ranking among the top globally, and its strategy leaning towards long-term expansion. ChainCatcher believes that future exchange competition will need to find a balance between compliance, liquidity, and risk management, and Gate may continue to gain an edge in the integration of TradFi and the crypto market.

Gate DEX's Meme Go officially launches the weekly trading check-in BNB Chain event. Users only need to participate in Meme token trading on the BNB Chain and meet the conditions to have a chance to share 20,000 USDT. Meme Go offers fast trading and analysis tools to help users seize investment opportunities.