Bitcoin dropped from $97,000 on Jan. 15 to $73,000 on Feb. 4, breaking below $80,000, with holders above $80,000 selling over 610,000 BTC in 20 days, accounting for 88% of outflows, analyst Murphy said. URPD data show long-term holders represented 9.7%, while the $70,000–$80,000 cohort net purchased about 450,000 BTC during the same period.

A Bhutan government address transferred 184 BTC, valued at about $14.09 million, to a new address on Feb. 4, Onchain Lens data show. The transfer may be intended for a centralized exchange deposit or an OTC transaction.

Binance's SAFU fund withdrew 1,315 BTC worth around $100 million from a Binance hot wallet on February 4, on-chain data show. BlockBeats reports the transaction occurred roughly one minute before the data was cited, marking another sizable Bitcoin acquisition by the exchange's insurance fund.

Liquidations totaled $704 million in the past 24 hours, with $527 million from long positions and $177 million from short positions, Coinglass data show. The largest single liquidation occurred on HTX's ETH-USDT pair at $8.4038 million. Over the same period, 161,559 traders were liquidated globally.

Bitcoin briefly fell below $73,000 before rebounding above $76,000 on Feb 4, Coinglass data show. Funding rates flipped from negative to positive on several major centralized and decentralized exchanges for Bitcoin, though most venues continued to show negative funding for Ethereum, meaning shorts pay longs to maintain positions. Funding rates are used on perpetual contracts to keep prices close to the underlying asset, with readings above 0.01% suggesting a bullish stance and levels below 0.005% pointing to bearishness, according to BlockBeats.

CBB (X: Cbb0fe) holds $40.80M in total positions on Hyperliquid as of Feb. 4, Coinbob热门地址监控 data show. The address holds about $37.40M in short positions and about $2.45M in long positions, with cumulative profits around $9.30M and about $1.27M over the past week. The main short positions are in SILVER and equity-mapped INTC, SNDK and MU.

Stablecoin issuer Tether has revised its fundraising plan to $5 billion, down from an earlier range of $15 billion to $20 billion tied to a $500 billion valuation objective, the Financial Times reported on Feb. 4. CEO Paolo Ardoino said in an interview the $15 billion to $20 billion figure was a misunderstanding, describing it as the maximum equity the firm was prepared to sell rather than a fundraising target, and added Tether remains highly profitable and is "very happy" without selling shares. Ardoino compared Tether's profitability with artificial intelligence companies, saying they generate similar profit "but with a minus sign in front." Tether generated about $10 billion in profit last year mainly from returns on its assets, while 2025 profit declined roughly 25% year-on-year, and a previous report said the company sought to raise up to $20 billion at a $500 billion valuation in September 2025.

Address 0x880a…, known as "the 20M swing trader," trimmed 155.17 ETH from its long position on Feb. 4, reducing the marked value to $1,096,500, Hyperinsight data show. The remaining position shows a floating gain of about $9,600, or 10.51%, with an average entry price that rose from $2,257.91 to $2,259.63. Since October, the address has deployed roughly $20 million in principal and realized nearly $100 million in profit through high-frequency swing trades across multiple tokens, maintaining an average holding period of about 20 hours, according to Hyperinsight.

Tian Ruixiang announced on Feb. 4 it agreed to a strategic deal in which an unnamed investor will contribute 15,000 BTC for equity, Cointelegraph reports. The agreement also establishes an AI-and-crypto innovation lab. TIRX closed at $0.15, up 98.41%. If completed, the deal could make Tian Ruixiang the eighth-largest public bitcoin treasury, per Bitget and Cointelegraph.