A whale was liquidated going long on LIT, losing approximately $3.7 million.

On February 1, per EmberCN monitoring, two of the largest Ethereum (ETH) long addresses by position size on Hyperliquid have recently been forcibly liquidated: - The "CZ Whale Whale Address," which held $181 million in ETH long positions, was liquidated yesterday with total losses of $54 million. - The "BTC OG Insider Whale," which held $660 million in ETH long positions, was liquidated early this morning with total losses of $230 million.

**Bitcoin Falls Below $76k in Weekend Trading, Hits 2018-Longest Monthly Losing Streak** (Bloomberg) — Bitcoin briefly dropped below $76,000 during weekend trading on February 1, marking a roughly 40% retracement from its 2025 high and the longest monthly losing streak since 2018. Market participants note the decline wasn’t driven by panic selling or systemic risk—but rather by fading buy-side demand, tightening liquidity conditions, and eroding market confidence. Data shows Bitcoin has reacted sluggishly to geopolitical tensions, a weaker U.S. dollar, and a rebound in risk assets; recent sharp swings in precious metals have also failed to spark fund rotation. Spot ETFs continued to see net outflows, institutional buying interest has cooled significantly, and market depth remains over 30% below its October 2024 peak. Analysts broadly agree the correction isn’t over yet. Kaiko forecasts Bitcoin may need another 6 to 9 months for a meaningful recovery; some firms have also war

On February 1, Bitcoin briefly fell below $78,000, per HTX market data. It currently trades at $78,184, down 6.52% over the past 24 hours.

On February 1st, OnchainLens data shows Trend Research transferred 10,000 ETH to Binance, with the deposit valued at roughly $24.35 million. The firm may be planning to sell the tokens to repay a loan.

On February 1, Bitget CEO Gracy Chen took to her personal social media to share: “Bitget has been consistently accumulating more BTC. The attached image shows our BTC holdings from January 25 to 26—they increased steadily with no dips at all. Be a long-term holder and builder.”

On Saturday, February 1st (local time), former President Trump addressed reporters aboard Air Force One. When asked if he’d made a final call on the Iran issue, he stated: “I can’t disclose specifics, but we have a very large, powerful vessel heading that way. I hope they can negotiate an acceptable deal.” He added: “Some have noted certain parties won’t reach a satisfactory non-nuclear agreement and that they should—though I don’t know if they will. But they are talking to us, engaging seriously.” (IG)