Top News:

1. Bitcoin spot ETF saw a net inflow of $33 million on February 6th.

2. RSIC engraved floor price has risen to 0.115 BTC, reaching a new historical high.

3. Upbit launches SpaceID (ID)

4. PANDORA surged above $10,000, with a 24-hour increase of 35.6%.

5. Sushi announces the launch of ZetaChain.

Price Observation

PANDORA rose above $10,000, with a 24-hour increase of 35.6%.

According to CoinGecko data, PANDORA has risen above $10,000 and is currently priced at $10,586.59, with a 24-hour increase of 35.6%.

ID short-term breakthrough $0.55, 24-hour increase of 65.65%According to market data, ID has broken through $0.55 in a short period of time and is currently priced at $0.45, with a 24-hour increase of 65.65%.

RSIC Inscription Floor Price Rises to 0.115 BTC, Setting a New Historical HighAccording to Magic Eden data, the RSIC inscription RSIC METAPROTOCOL floor price is currently at 0.115 BTC (approximately $4952 USD), reaching a historic high with a total trading volume of 509.1 BTC. RSIC is a Bitcoin-based peer-to-peer runic allocation system, with its core being a digital game where players use RSIC tokens to manage and operate runes, which will be "inscribed" on the Bitcoin network at some point in the future.

Transaction Tracking

A whale address transferred 200,000 AAVE to Binance 2 hours ago.

According to the on-chain data analyst Yu Jin, a whale/institutional address transferred 200,000 AAVE (approximately 16.7 million USD) to Binance 2 hours ago. The address had previously withdrawn 236,779 AAVE from Binance in January and October 2023 at an average price of $74.4. All of the AAVE has now been transferred to Binance, and if sold, the profit would be approximately 2.23 million USD (+12%).

Fenbushi Capital withdrew 6799 ETH from Binance and may participate in Eigenlayer staking

Scopescan data monitoring, Fenbushi Capital withdrew 6799 ETH (approximately $15.89 million) from Binance 18 hours ago. After the withdrawal, the address created an EigenPod on Eigenlayer and may deposit the ETH into it later. Prior to this, Fenbushi Capital had already deposited 9,716 lsETH (approximately $23.3 million) on Eigenlayer.

DWF Labs withdrew 3 million coins with ID from OKX and deposited 2.45 million coins with ID into Binance in the past 3 hours.

According to Spot on Chain monitoring, DWF Labs withdrew 3.62 million ID (1.73 million USD) from OKX in the past 3 hours and quickly deposited 2.45 million ID (approximately 1.12 million USD) into Binance through Amber Group.

Upbit address currently holds 97 million ID tokens.

According to Scopescan, the address starting with 0xa490 of Upbit currently holds 97 million ID tokens (approximately 52 million USD).

0xe0 started withdrawing 94,000 LINK from Binance 6 hours ago, and has accumulated 193,000 LINK in the past 3 days.

According to Scopescan monitoring, the whale address starting with 0xe0 withdrew 94,000 LINK (approximately $1.7 million) from Binance 6 hours ago, and has accumulated 193,000 LINK (approximately $3.5 million) in the past 3 days.

MAVIA、AXS、BEAM are among the top inflows in Smart Money's 24-hour ranking.

According to Nansen 2 data, the Smart Money 24-hour fund inflow tracking list on the Ethereum network is as follows: MAVIA: approximately $1.17 million, currently priced at $3.15, with a 24-hour increase of 38.6%; AXS: approximately $1.12 million, currently priced at $6.86, with a 24-hour increase of 0.44%; BEAM: approximately $500,000, currently priced at $0.01713, with a 24-hour decrease of 0.4%.

A certain whale bought $10 million worth of ETH and $10 million worth of WBTC on-chain 11 hours ago.

According to Lookonchain monitoring, 11 hours ago, a whale spent 20 million USDC to purchase 4,242 ETH at an average price of $2,358 (about $10 million), and purchased 231 WBTC at an average price of $43,375 (about $10 million).

A certain whale transferred 2,745,815 LINK, worth approximately $49.9 million, out of Binance through 49 new wallets in the past 3 days.

According to Lookonchain's monitoring, a certain whale/institution is hoarding LINK. In the past 3 days, a total of 49 new wallets have withdrawn 2,745,815 LINK (approximately $49.9 million) from Binance.

Binance leverages and contracts launch Dymension (DYM)

According to the official announcement, Binance will launch Dymension (DYM) on leverage and contracts on February 7, 2024 at 15:00 (GMT+8). DYM will be added as a borrowable asset for Binance's cross and isolated margin at the same time, as well as DYM/USDT cross and isolated margin trading pairs. Binance will also launch DYM perpetual contracts with leverage of 1-50x on February 7, 2024 at 15:00 (GMT+8).

Upbit has launched SpaceID (ID).

According to the official announcement, Upbit has launched SpaceID (ID) and supports Korean won trading pairs. The trading support will start at 14:00 on February 7, 2024.

Binance P2P platform now supports USDC

According to an official announcement, the Binance P2P platform now supports USD Coin (USDC). Users can now buy and sell USDC directly with Vietnamese dong (VND) and Turkish lira (TRY) on the Binance P2P platform. More fiat currency trading pairs will be supported soon.

Binance will remove AERGO/BTC, BETA/BTC, DREP/BTC and other isolated margin trading pairs

According to the official announcement, Binance Leveraged Tokens will remove AERGO/BTC, BETA/BTC, DREP/BTC, FARM/BTC, FIRO/BTC, PLA/BTC, POWR/ETH, SAND/ETH, VITE/BTC, ZEN/BTC, and ZEN/ETH isolated margin trading pairs at 14:00 on February 16, 2024 (UTC+8).

EigenLayer has now integrated with OKX Web3 wallet.

According to official sources, EigenLayer has now integrated with the OKX Web3 wallet, allowing users to stake oETH, mETH, stETH, and earn profits on EigenLayer through the OKX Web3 wallet. EigenLayer is a re-staking protocol built on Ethereum, where Ethereum nodes can re-stake their staked ETH to earn additional profits. At the same time, the Ethereum consensus layer utility can be transmitted to various middleware, data availability layers, sidechains, and other protocols through EigenLayer, helping them enjoy Ethereum-level security at a lower cost.

It is reported that OKX Web3 wallet is a leading one-stop Web3 entrance in the industry, which now supports 85+ public chains. It is unified across three platforms including App, plugin, and web, covering five major areas including wallet, DEX, DeFi, NFT market, and DApp exploration. It also supports Ordinals market, MPC and AA smart contract wallets, gas exchange, and hardware wallet connection.

Viewpoint Data

Data: Bitcoin spot ETF net inflow of $33 million on February 6th

According to BitMEX data, the net inflow of US Bitcoin spot ETF on February 6th was $33 million.

Bitcoin miner reserves have decreased by 8,400 since the beginning of the year, and mining companies may be selling Bitcoin to expand their computing power.

According to CryptoQuant data cited by Bloomberg, Bitcoin miner reserves (unsold Bitcoin held in company-related digital wallets) have decreased by 8,400 since early 2024, dropping to 1.8 million. The last time this level was seen was in June 2021. Analysts say this decline indicates that miners are selling Bitcoin.

VanEck's Director of Digital Asset Research, Matthew Sigel, stated that "miners have begun selling tokens to improve their balance sheets and provide funding for capital expenditures to cope with the difficult period of halving block rewards in April. After the halving, the scale of computing power will become even more important." According to CryptoQuant data, since the ETF was approved, 3617 bitcoins have been transferred from miner wallets to trading platforms.

Data: Farcaster's total number of users exceeds 140,000

According to Dune data, the total number of users on the decentralized social protocol Farcaster has exceeded 140,000, with an average of over 40,000 casts posted by users every day in the past 30 days.

Data: EigenLayer TVL exceeds 4 billion US dollars

According to DefiLlama data, the total value locked (TVL) of EigenLayer, a liquidity re-collateralization protocol in the encryption industry, has exceeded $4 billion, currently standing at $4.04 billion.

CoinLedger 500,000 user report: average return for cryptocurrency investors in 2023 is $887.6

According to a report by Cointelegraph, data from cryptocurrency tax software provider CoinLedger shows that cryptocurrency investors earned an average net profit of nearly $900 from selling cryptocurrencies in 2023, which is in stark contrast to 2022 when several cryptocurrency companies went bankrupt and investors lost billions of dollars.

CoinLedger analyzed reports from its 500,000 users and found that the average cryptocurrency investor realized a profit of $887.60 in 2023. As the industry begins to recover, the situation has improved. CoinLedger added: "This is in stark contrast to 2022, when the median cryptocurrency investor realized a loss of $7,102."

Bitwise Bitcoin Spot ETF holds over 15,500 BTC, an increase of 261.71 BTC from the previous day

According to official data from Bitwise, as of February 6th, its Bitcoin spot ETF (BITB) held 15,582.53 BTC, an increase of 261.71 BTC from the previous trading day, with a position value of $672,439,443.87. The current circulating share of BITB is 28,580,000.

Financing Express

LK Venture announced investment in Bitcoin Layer2 scaling solution Merlin Chain.

Blueport Interactive, a Hong Kong-listed company, announced that its affiliated cryptocurrency investment and research firm, LK Venture, has recently invested in the Bitcoin Layer2 scaling solution Merlin Chain through the BTC NEXT Bitcoin network ecological investment management fund. Merlin Chain is a Bitcoin Layer2 solution that integrates the ZK-Rollup network, decentralized oracle network, and on-chain BTC anti-fraud module. It is committed to empowering native assets, protocols, and products on the Bitcoin Layer1 through the Layer2 network, making Bitcoin interesting again.

Bitmap Tech is the parent company of Merlin Chain, with a total market value of over $500 million. Its BRC-420 "Blue Box" series has become one of the hottest assets on Ordinals. Leo Deng, founding partner of LK Venture, said that through the differentiated strategy of "ecosystem first, Layer2 later", Merlin Chain will bring the consensus of the strong user community of Bitcoin layer one assets represented by Blue Box and Bitmap holders into Bitcoin layer two, giving it a rich asset reserve and user base.

The Hong Kong Securities and Futures Commission issued a warning today, stating that the public should be wary of suspicious investment products and related projects involving "Hong Kong International Financial Center Token (IFCT)". Although the relevant promotional materials claim that the product has been officially approved in Hong Kong, the Securities and Futures Commission clearly stated that the product has not been approved by the Securities and Futures Commission for sale to the Hong Kong public. The Securities and Futures Commission has included it in the list of suspicious investment products and warned the public that investing in any investment products not approved by the Securities and Futures Commission may face risks, including the possibility of losing all investments.

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