MarsBitNews

Singaporean asset management firm Reshield Asia disclosed in filings with the SEC that it has sold 620,000 shares of the BlackRock Ethereum ETF, valued at $16.21 million, and currently still holds shares of the BlackRock Bitcoin ETF and Strategy.

Cipher Mining plans to issue $2 billion in senior secured notes to qualified institutional investors based on market conditions, with proceeds to be used for Texas data center construction, debt repayment reserves, and related expenses.

Mars Finance reports that the Hong Kong Securities and Futures Commission has officially added "ADG platform/Grace Technology Limited" to the suspicious virtual asset trading platform alert list. The Hong Kong Securities and Futures Commission stated that the entity claims to operate a platform on a related website that offers trading services for tokenized real assets and stablecoins that potentially qualify as "securities," suspected of conducting unlicensed activities.

Mars Finance reports that, according to market sources, after remaining silent for 9 months, a whale borrowed 20 million USDT in the past 2 days and purchased 8,806 ETH at a price of $2,271. Currently, the whale holds 21,094 ETH, worth $47.53 million.

Ethereum co-founder Vitalik Buterin comments that "Layer 2" is no longer just "a cheaper version of Ethereum." Several L2 developers have responded, believing that Rollup should go beyond this positioning, but there are differing opinions on whether scalability is its core role. Leaders from Optimism and Arbitrum have emphasized their respective views on the future development of L2, pointing out existing technical obstacles and ecosystem adjustments.

Mars Finance reports that according to Arkham data, at 19:05, 46 BTC (worth approximately $3.5 million) were transferred from an anonymous address (starting with bc1qlef4a) to Cumberland DRW.

In the past 24 hours, total liquidations across the network reached $705 million, with long positions liquidated at $529 million and short positions at $176 million. Both Bitcoin and Ethereum long positions were liquidated for over $200 million each. A total of 160,153 people were liquidated worldwide, with the largest single liquidation being $8,403,800 on HTX-ETH-USDT.

According to Mars Finance, reports from Jin10 indicate that the US dollar is weakening ahead of the release of US economic data, which may provide clues about the pace of the Federal Reserve's interest rate cut cycle. The ADP private sector employment data will be released tonight, followed by the ISM services survey. Danish bank analysts pointed out that the ADP data could give the market an initial sense of the expected performance of the key non-farm payroll report. Due to the partial government shutdown, the non-farm payroll report scheduled for Friday has been postponed, but President Trump signed a bill to end the shutdown on Tuesday, so the delay is not expected to be too long.

Kalshi and Polymarket are conducting offline promotional activities in New York, distributing $50 in free food benefits and opening their first free grocery store respectively to attract users and enhance brand influence. This strategy not only addresses the high cost of living but also aims to influence the regulation of prediction markets indirectly, showcasing the leading Chinese internet promotion model.

Mars Finance reports that according to Glassnode, the Bitcoin realized profit and loss ratio (90-day simple moving average) has been on a continuous decline (currently around 1.5), gradually approaching 1, reflecting increasingly dried-up market liquidity conditions. Historically, if this indicator continues to fall below 1, it is usually accompanied by widespread capitulation selling—that is, the realized losses across the entire market will exceed the profit-taking activities.

Mars Finance reports that, according to Bloomberg data, the total market capitalization of cryptocurrencies has evaporated nearly $500 billion in less than a week. Since the October peak, driven by a sell-off trend led by BTC, the market has accumulated losses of up to $1.7 trillion.

Mars Finance reports that, according to GoPlus monitoring, a wallet that has been inactive for nearly five years was compromised after signing a malicious increaseApproval transaction, and the attacker stole approximately $66,000 worth of QNT.

The first violation case of the "Virtual Asset User Protection Act" in South Korea has been verdicted. The CEO of a crypto trading company was sentenced to 3 years in prison for manipulating coin prices and fined 500 million KRW, with approximately 846 million KRW recovered. Bail was not revoked due to his active cooperation and current detention status.

Mars Finance reports that on February 4th, according to Hyperinsight monitoring, at 14:09 today, a whale starting with 0xc6ac opened a new 20x leveraged long position on BTC at an average price of $76,380. Its BTC long position size is 33.87 BTC, approximately $2.59 million, with an unrealized profit of about $3,679.

Mars Finance reports that DogeDesigner posted that X has added a small rocket like animation, suspected to be a reference to the progress of SpaceX and xAI merger.