Bitcoin address 1NY5Kh transferred its entire holdings of 2,819 BTC, valued at approximately $213 million, on Feb. 2 after eight years of inactivity, Lookonchain data show. The whale deposited 1,500 BTC worth roughly $114 million to Paxos.

Several prominent whale addresses experienced significant position changes over the weekend as Bitcoin briefly approached $75,000 and Ethereum dropped below $2,400, Coinbob's address tracker cited by BlockBeats shows. The "BTC OG insider whale," described as the largest on-chain ETH and SOL long, was fully liquidated on its long positions with over $700 million in liquidations, resulting in approximately $270 million in losses over the past two weeks and pushing cumulative losses above $128 million since October. The "CZ counterparty" whale, previously the second-largest ETH long and largest XRP long, saw its ETH and XRP long positions liquidated for about $50.46 million in weekend losses on top of $65.13 million in liquidations last week. Trader Kevin Huang added $390,000 in margin but had HYPE and ETH longs wiped out, taking a nearly $20 million position to zero, with his account balance now reported under $2,000, while the "ultimate short" address partially closed BTC shorts for around $9.68 million in weekend profit, cutting position size from about $50 million to $14.4 million with $6.7 million (931%) in unrealized profit and roughly $10 million in funding-fee income.

Korea's KOSPI 200 index futures fell 5% on Feb. 2, triggering a five-minute program trading halt, Bitget market data cited by BlockBeats show. S&P 500 index futures extended losses to 1.1%, while Nasdaq index futures declined 1.5%. The Shanghai Composite Index dropped 1.3% and the Shenzhen Component Index fell more than 1.4%.

Trend Research, associated with Li Hua Yi, faces liquidation risk on 618,245.96 ETH if the price falls into the $1,781.09–$1,862.02 range, on-chain analyst Ai Yi (@ai_9684xtpa) said on Feb. 2. The firm has supplied $1.33 billion in WETH as collateral across six addresses and borrowed $939 million in stablecoins. Liquidations would be triggered within that range unless additional margin is added or positions are reduced.

The Crypto Fear & Greed Index stood at 14 on Feb. 2, unchanged from the prior day and keeping the market in "extreme fear," Alternative data show. The gauge, which ranges from 0 to 100, weighs volatility (25%), trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's market dominance (10%), and Google search trends (10%).

SILVER, a derivatives contract tracking silver, recorded about $23.95M in liquidations across the market over nearly 4 hours on February 2, driven by sharp short-term moves in the spot silver price, HyperInsight and CoinGlass data show. The notional wiped out was second only to BTC and ETH over the same period, with 64% of positions liquidated being longs. Most forced closures occurred on the Hyperliquid platform, where a whale holding a short XYZ:SILVER position was liquidated for $4.13M in a brief window and another single long position over $1.6M was also liquidated.

Bitcoin surpassing $80,000 would correspond to an aggregate short liquidation intensity of $1.063B across major centralized exchanges on Feb. 2, Coinglass data show. A drop below $76,000 would be associated with a cumulative long liquidation intensity of $296M on these platforms. The liquidation heatmap does not represent the exact number of contracts to be liquidated or their precise value; instead, each bar reflects the relative importance of a liquidation cluster compared with nearby clusters, with higher bars indicating stronger potential market reactions if the price reaches those levels.

Trend Research deposited 30,000 ETH to Binance over five hours on Feb. 2 and completed selling and on-chain loan repayment, Onchain Lens data show. Over the past 18 hours, the entity sent a total of 40,000 ETH to the exchange and withdrew 6,412 ETH.

CrossCurve said on Feb. 2 its bridge was exploited through a smart contract vulnerability and urged users to halt activity pending investigation. Under its Safe Harbor policy, parties returning funds within 72 hours from Ethereum block 24,364,392 may retain up to 10%; otherwise, the firm may pursue civil and criminal action.