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Ethereum Dips Below $2400, Down Over 10.7% in 24 Hours

2 hours ago

On February 1st, per HTX market data, Ethereum dropped below $2,400, notching a 24-hour decline of over 10.7%.
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The crypto market is experiencing a widespread sell-off, with Bitcoin returning to the $70,000 range for the first time in nearly 300 days, and Ethereum plunging 11.8% in 24 hours.

February 1st — According to HTX market data, the cryptocurrency market saw a sharp, broad-based drop on Thursday. Bitcoin re-entered the $70,000 price range after 296 days and is currently trading at $79,004. Ethereum plunged 11.8% over the past 24 hours, hitting $2,370. SOL fell to $100.26, while BNB dropped below $800. The total crypto market capitalization shrank 5.7% in a single day, now standing at $2.738 trillion. Several altcoins posted notable losses, including: - SSV: Trading at $3.63, down 20.7% in 24 hours; - ORDI: Now at $2.96, a 20.04% 24-hour drop; - GIGGLE: At $36, off 19.2% over the past day; - BERA: Currently $0.49, down 18.8% in 24 hours; - XPL: Trading at $0.102, a 18.7% 24-hour decline.

2 hours ago

In the last 4 hours, total liquidations across the board amounted to $10.89 billion, with $16 billion in the past 24 hours.

Feb 1 data (per Coinglass): $10.89B in total liquidations across the entire network over the past 4 hours, with $10.51B tied to long positions. 24-hour global figures: 356,339 traders liquidated, totaling $1.6B. The largest single liquidation was $13.389M on Hyperliquid for ETH-USD pairs.

2 hours ago

Bitcoin Accelerates Downward, Breaking Below $79,000, 24-hour Loss Widens to 4.5%

February 1st: Bitcoin’s decline accelerated Thursday, dropping below $79,000 to hit $78,160, per HTX market data. Its 24-hour drop has widened to 4.5%.

2 hours ago

Bitcoin Breaks Below Prior Low of $80,600, Establishes New Low Since April 11, 2025

**Bitcoin Drops Below Nov. 21, 2025 Low on Feb. 1, Hits Fresh 2025 Low** According to HTX market data, Bitcoin fell below its prior intraday low of $80,600 (set on Nov. 21, 2025) on Feb. 1, reaching an intraday trough of $80,500—marking a new low since April 11, 2025. It has since rebounded to $81,440, with a 1.8% decline over the past 24 hours.

2 hours ago

If Bitcoin drops below $80,000, the mainstream CEX's total long liquidation volume will reach 402 million.

As of Feb. 1, Coinglass data shows: - If Bitcoin dips below $80k, total long liquidation intensity across mainstream CEXs will hit $402 million. - Conversely, if Bitcoin climbs above $85k, total short liquidation intensity across mainstream CEXs will reach $1.543 billion. BlockBeats Note: Liquidation charts do not display the exact number of contracts to be liquidated or their precise value. Instead, the bars represent how significant each liquidation cluster is relative to adjacent clusters—i.e., "intensity." In short, the chart illustrates how impactful hitting a specific price level will be. A taller "liquidation bar" signals a more severe response (driven by a liquidity cascade) if Bitcoin reaches that price.

2 hours ago

A whale has placed a buy order above $60,000 to catch the falling knife, with an order size of $5 million.

January 31st: On-chain analyst Ai Auntie (@ai_9684xtpa) observed that whale address 0xd90…2D975 deposited 6 million USDC into Hyperliquid half an hour ago, then placed buy orders targeting market dips: - 73.46 BTC in the $60,555–$75,555 range (≈$5 million total) - 100,000 HYPE at $15–$20.38 (≈$1.77 million total)

2 hours ago

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