According to Odaily Planet Daily, on-chain analyst Ai Yi monitored that address 0x0E4…4927E withdrew 204.28 XAUT tokens from Bybit again 5 minutes ago, worth $1.13 million. Since yesterday, this address has accumulated purchases of 1454.28 XAUT tokens, totaling $7.802 million, with an average cost of approximately $5365, and currently has a floating profit of $230,000.

According to Odaily Planet Daily, blockchain analyst Ai Yi reported that three hours ago, an address (0x660…7Bf35) deposited 5,000 ETH into Wintertermute, worth $14.7 million. This fund primarily originated from two addresses: address (0xDA2…80100) withdrew 10,600 ETH from Gatecoin 10 years ago, worth $99,000 at the time; and address (0x132…38378) withdrew 18,049.96 ETH from Kraken 9 years ago, when the price was as low as $86 per ETH.

Huoxun Finance reported on January 29th that GarrettJin, an agent of the "1011 Insider Whale," published an article on the X platform stating that multiple structural factors have prevented ETH and BTC from rising along with other risky assets. The main reasons are believed to be trading cycles, market microstructure, and market manipulation by some exchanges, market makers, or speculative funds. Regarding the market background, the deleveraging decline that began in October has caused significant losses for leveraged participants, especially retail investors. From a time perspective, although BTC and ETH have underperformed in the past three years, they still outperform most assets over a six-year period; short-term underperformance can be seen as mean reversion over a long-term cycle. As long as the narratives of BTC as "digital gold" and ETH as the core infrastructure of AI and RWA remain valid, there is no basis for their long-term underperformance. Currently, the trading volume of BTC and ETH futures is near historical lows, indicating that the deleveraging process is nearing its end. Labeling BTC and ETH as purely risky assets is one-sided. BTC and ETH also have safe-haven attributes. The real reason for their poor performance lies within the crypto market itself: the market is in the late stages of a deleveraging cycle, and participants are highly sensitive to downside risks; the market is dominated by retail investors, with institutional participation being passive; speculative funds take advantage of the high leverage of retail investors and the market's microstructure to create volatility through concentrated selling during periods of low liquidity, thereby triggering a chain of liquidations.

According to Huoxun Finance on January 29, OnchainLens monitoring revealed that a whale with the address "0xf6b" deposited $1.6 million USDC into HyperLiquid and opened a long position in COPPER with 4x leverage.

Huoxun Finance reported on January 29th that, according to LatePost, an insider revealed that Alibaba is considering increasing its investment in AI infrastructure and cloud computing from 380 billion yuan to 480 billion yuan over the next three years. Alibaba is developing its own chip, the Zhenwu 810E, domestically and procuring large quantities of GPU resources overseas; even consumer-grade RTX 4090 graphics cards are being used to build inference clusters.