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(TechFlow | TechFlow | Foresight News | TechFlow TechFlow | Cointelegraph)
Market Analysis
1. BTC extreme volatility: After rebounding from around $60,000 to $71,751, it fell back, with short sellers liquidating over $487 million in the last 24 hours.
BTC rebounded strongly from around $60,000 to $71,751 (a maximum rebound of approximately +19.6%) before falling back to around $70,000; ETH briefly dipped below $2,000 before rebounding above $2,100. Data shows that short covering exceeded $487 million in the past 24 hours.
(BlockBeats | TechFlow TechFlow | Foresight News | PANews)
2. The Fear & Greed Index fell to 6 (extreme fear), a historically rare low. The crypto Fear & Greed Index dropped to 6 (previous value 9), indicating "extreme fear"; the report pointed out that such a low level is rare in history.
(BlockBeats | Foresight News | TechFlow TechFlow)
3. Arthur Hayes: The plunge may be related to structured products and hedging around IBIT; IBIT options trading hit a record high.
Arthur Hayes believes this week's BTC crash "may" be related to traders/market makers' involvement with BlackRock's IBIT-related structured products and hedging; a related report mentioned that IBIT options saw a record 2.33 million contracts traded on the day of the crash.
(BlockBeats | CoinDesk | X)
4. VanEck & Glassnode: Leverage reduction and increased on-chain losses, but not yet reaching the on-chain threshold of "extreme panic".
VanEck points out that this round of sell-off may not have a single trigger, with futures open interest falling from a peak of about $90 billion to about $49 billion; Glassnode believes that on-chain behavior is characterized by a "deep bear" but without extreme panic, with the "market loss level" around $60,000 being about 24%.
(BlockBeats)
━━ Project Updates ━━
1. Coinbase adds Superform (UP) to its listing roadmap.
Coinbase has added Superform (UP) to its listing roadmap, with the specific listing date to be announced later once certain conditions are met.
(BlockBeats | Foresight News)
2. Coinbase announced support for the Sui token standard and explored custody and treasury management cooperation with Sui.
Coinbase will provide token standard support for Sui assets; Coinbase Institutional and Sui are further discussing cooperation on custody and treasury management services.
(Foresight News)
3. Aave Founder | _2024111120230_ | Sold approximately 6,204 ETH and increased his AAVE holdings in the past 24 hours.
On-chain monitoring shows that it sold approximately 6,204 ETH in 24 hours (at an average price of approximately $1,916) and used some of the funds to buy AAVE.
(BlockBeats | Foresight News | TechFlow)
4. Vitalik donated to Shielded Labs to support the development of Zcash's "Crosslink" security upgrade. The funds will be used to advance the Zcash consensus security upgrade Crosslink (introducing a parallel finality layer to enhance the PoW chain's resistance to reorganization/rollback), prototype engineering, and incentivized testnets.
(Foresight News)
5. Project teams adjust their schedules: INFINIT postpones unlocking; Cap delays ICO; Lorenzo launches new yield products and incentive systems.
INFINIT has postponed the initial investor unlock from February 7, 2026 to May 7, 2026, and extended the lock-up period for core contributors; Cap announced that it has postponed its Uniswap ICO originally scheduled for February 9 due to market conditions; Lorenzo Protocol plans to launch BNB+ OTF, introduce Lorenzo Earn, and launch a PoC community incentive system.
(Foresight News | Foresight News | Odaily | TechFlow | Foresight News)
━━ Other ━━
1. Binance discloses its 2025 law enforcement assistance: seizure of approximately $131 million in illicit assets and response to 71,000+ requests. Binance stated that in 2025, it assisted global law enforcement agencies in seizing approximately $131 million in illicit assets and responded to 71,000+ law enforcement requests.
(Foresight News)
2. Trump signed an executive order authorizing tariffs on Iranian goods (not yet imposed immediately), and stated that he will continue consultations with Iran.