Important news from last night and this morning 📑

1️⃣ BTC Update

BTC is currently at $63929, with a 24-hour drop of 10.08%, a market cap of about $1.28 trillion, and a 24-hour trading volume of $162.7 billion; the short-term technical outlook is weak, and the key support level at $64000 needs to be closely monitored.

2️⃣ Rising Bitcoin Leverage Positions Indicate Bottom Not Yet Reached

On the Bitfinex platform, BTC margin long positions reached 77100, a new high since December 2023, with a six-month increase of 64%; however, BTC has dropped about 50% since its peak in October last year. Historical data shows that this position acts as a contrarian indicator; the current continuous rise suggests that the BTC bottom has not yet appeared, even though it has fallen for five consecutive months while long positions continue to increase.

3️⃣ Spot Silver Drops to $73.12/Ounce, Down 17.04%

Spot silver plummeted $15.02 in one day, currently at $73.12/Ounce, with an intra-day drop of 17.04%, experiencing significant volatility.

4️⃣ Bitcoin Plummets 15.48% in One Day, Largest Single-Day Drop Since FTX Collapse

According to OKX market data, BTC dropped 15.48% in one day, marking the largest drop since the FTX collapse, reaching a low of $6156.3 and currently at $6248.9; ETH fell below $1800, currently at $1812.8, with an intra-day drop of 15.38%.

5️⃣ SOL Drops Below $68, Down 20.12% in One Day

According to OKX market data, SOL is currently at $67.59, with an intra-day drop of 20.12%, experiencing a significant price decline.

6️⃣ $1.702 Billion Liquidated in Crypto Contracts Over the Past 12 Hours, Mainly Long Positions

In the past 12 hours, $1.702 billion in crypto contracts were liquidated, including $1.524 billion in long positions and $178 million in short positions; BTC liquidations totaled $869 million, and ETH liquidations were $341 million.

7️⃣ MSTR Reports $12.4 Billion Net Loss in Q4, Stock Price Plummets 17%

MSTR released its Q4 2025 financial report, reporting a net loss of $12.4 billion (mainly due to the significant drop in BTC prices); as of February 1, 2026, they hold 713502 BTC, with a total value of $54.26 billion; the stock price fell 17% on the day the report was released, with a slight recovery afterward.

8️⃣ Trend Research Transfers 11,000 ETH to Binance, Total Deposits Exceed $477 Million in ETH

Trend Research transferred another 11,000 ETH (approximately $20.78 million) to Binance, totaling 215588 ETH deposited, with a total value of approximately $477.56 million, intended for selling ETH to repay loans.

9️⃣ Crypto Market Loses $1 Trillion in 22 Days, Average Daily Loss of $45 Billion

Since January 14, the cryptocurrency market has evaporated $1 trillion in market value over 22 days, with an average daily loss of about $45 billion, showing significant market shrinkage.

🔟 Vitalik Has Sold 6,899.5 ETH, Remaining Deposited in Aave

Vitalik planned to sell 16384 ETH, and has currently sold 6899.5 ETH (approximately $14.15 million at an average price of $2052); the remaining 9484.5 ETH has all been deposited in the lending protocol Aave, with the proceeds intended for donations.

1️⃣1️⃣ Delphi Digital: 97% of Altcoins Have Been in a Downtrend Since Last January, Average Drawdown of 78%

Delphi Digital data shows that since January 2025, 97% of altcoins have been in a downtrend, with an average drawdown of 78%; among 121 altcoins, only HYPE, SYRUP, and BCH have seen gains.