Token | Trading Volume 【BTC】38.77 billion 【APT】44.08 million 【LGNS】37.49 million 【XMR】78.90 million 【AR】23.69 million 【HYPE】87.81 million 【FIL】72.66 million 【ICP】56.34 million 【XRD】513,007.39 【ONDO】53.16 million

According to Lookonchain monitoring, trader degen-retard.sol (degen...l.sol) has once again lost over $3.6 million in SOL trading. Approximately two weeks ago, this address bought 100,000 SOL tokens at about $124 per coin, worth $12.4 million, and staked them. Six hours ago, the address sold these SOL tokens. Prior to this, the address had already accumulated losses exceeding $6.6 million in SOL trading.

According to official sources, Base App's feed will focus entirely on tradable assets starting today, removing the "Discussion" feed and replacing it with an on-chain activity feed. As part of this adjustment, Base App will discontinue its "Creator Rewards Program." This program, which has distributed over $450,000 in rewards to 17,000 creators over the past six months, will end on February 15th, with final settlement completed on February 18th. Base App will announce a new reward system for the community at a later date.

According to data from blockchain analytics platform Arkham Intel, as of Monday, Binance held approximately 87% of all circulating USD1 stablecoins in its own wallets and user accounts—about $4.7 billion of the total supply of $5.4 billion—making it the third-party exchange with the highest concentration of holdings among the top ten stablecoins by market capitalization. Binance responded that its support for USD1 is no different from other cryptocurrencies, that it is common for large exchanges to hold large amounts of specific tokens, and that CZ's pardon is unrelated to the promotion of USD1. World Liberty Financial stated that such promotions are standard practice and denied that Binance could exert influence over them. The White House press secretary stated that Trump has never been involved in, and will never be involved in, any conflicts of interest.

Huoxun Finance reported on February 10th that, according to Cointelegraph, the Bitcoin market sentiment index has fallen to an all-time low, with some contrarian investors believing that $60,000 may be the bottom of this cycle. Data shows that the cryptocurrency fear and greed index fell to a record low of 7 over the weekend, indicating the market is in a state of "extreme fear." Michaël van de Poppe, founder of MNCapital, pointed out that this indicator, along with the Relative Strength Index (RSI), shows the market is deeply oversold, similar to situations seen during the 2018 bear market and the March 2020 pandemic-induced market crash, potentially creating conditions for a rebound. CoinGlass's liquidation heatmap shows that a rise in Bitcoin price of around $10,000 could trigger over $5.45 billion in short position liquidations, while a drop to $60,000 would only trigger $2.4 billion in liquidations. This imbalance may drive short covering. However, structural risks in the market remain. CryptoQuant data shows that Bitcoin is still well below its 50-day and 200-day moving averages, with a price Z-score of -1.6, indicating that it is still in a phase dominated by selling pressure. Net order book activity in the derivatives market has turned negative, and Binance's buy/sell ratio has fallen below 1, indicating strong selling pressure in the futures market. Analysts point out that stronger spot demand is needed to trigger a sustained rebound. Looking at a longer timeframe, historical data shows that Bitcoin bear market bottoms typically form below the 0.618 Fibonacci retracement level, currently around $57,000. If history repeats itself, the downside scenario could extend to $42,000.