🚨 Overnight Crypto Highlights — Get the Market Focus in 1 Minute | 2/13
A fresh wave of liquidation pressure is hitting the market…
1⃣ $BTC continues to grind lower, now hovering around $66k.
The Fear & Greed Index has fallen to 9 — deep in extreme fear territory.
At this level, volatility clustering tends to intensify. The key question: is this capitulation phase exhaustion — or just mid-cycle de-risking?
2️⃣ $ETH is holding near $1,940.
The well-known leveraged account “Machi Big Brother” is still adding small long positions at 25× leverage, despite severe unrealized losses and being within ~1% of liquidation.
From a risk management perspective, this is binary positioning — either a squeeze catalyst or forced liquidation fuel.
3️⃣ Precious metals also sold off sharply
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Gold ↓ 3.76% (~$1.34T market cap wiped)
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Silver ↓ 8.5% (~$400B erased)
This is important: when both crypto and traditional safe-haven assets decline simultaneously, it typically signals broad liquidity contraction rather than asset rotation.
4️⃣ Trove Markets controversy
Reports suggest refunds were privately issued to select KOLs post-crash, while ICO participants absorbed full losses.
If accurate, this raises serious governance and fiduciary transparency concerns.
5️⃣ U.S. equities under pressure
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~$1T wiped from U.S. stock market
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S&P 500 ↓ 1%
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Nasdaq 100 ↓ >1.6%
Risk assets remain correlated under macro stress.
6️⃣ Binance CEO He Yi’s portfolio disclosure
Largest allocation reportedly in BNB, alongside exposure to smaller altcoins like KITE and FF.
Optics matter in sentiment-driven markets — insider alignment often influences retail confidence.
7️⃣ Coinbase 2025 earnings
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Q4 net loss: $667M
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Full-year performance remains solid despite quarterly pressure
Operational resilience exists, but cyclical revenue compression is evident.
8️⃣ CZ commentary
CEX and DEX are expected to coexist long-term.
Current global crypto adoption depth remains below 1%.
Structurally, that implies long runway — tactically, volatility dominates.
