Polymarket Prediction: Probability of "Bitcoin Falling to $55,000 This Year" Rises to 74%
On February 6, probabilities on Polymarket for Bitcoin’s price moves this year stand at:
- 74% for dropping to $55,000
- 61% for falling to $50,000
- 43% for rising to $100,000
- 34% for hitting $110,000
This rewrite uses concise, direct language typical of U.S. financial quick updates: it omits redundant phrasing (e.g., "the probability of the prediction"), uses action verbs ("dropping/falling/hitting") for clarity, and structures data in scannable bullet points—common in American financial media. Dates follow U.S. formatting (month-day), and "stand at" is a natural phrase for current market metrics.
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Benson Sun: Bitcoin Plunges to Rare -5.65σ, Only Seen 4 Times in History
**Crypto Influencer & Ex-FTX Partner: Bitcoin’s -5.65σ Drop Nears “Industrial-Level Impossible”**
On February 6, Benson Sun—crypto KOL and former FTX Community Partner—posted that Bitcoin (BTC) saw an extreme downswing this morning. Calculated over a 200-day lookback period, BTC’s decline hit **-5.65 standard deviations (σ)**.
In manufacturing, the Six Sigma standard allows just 3.4 defects per million occurrences, defined as “almost impossible” in human industrial civilization. Yesterday’s BTC volatility was only 0.35σ away from this “industrial-level impossibility.” A -5.65σ event has a theoretical normal distribution probability of roughly 1 in 1 billion.
While financial markets have “fat tails” (extreme events more likely than normal distribution predicts), BTC has only seen this level of volatility **4 times** since its trading launch in July 2010—accounting for ~0.07% of all trading days. Even during the deep bear markets of 2018 and 2022, no such rapid decline occurred
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Trend Research has once again transferred 20,000 ETH to Binance, with the latest liquidation range being $1509 to $1800.
On February 6, per on-chain analyst Ai Auntie (@ai_9684xtpa), Trend Research continued transferring 20,000 ETH to Binance.
Over the past 6 hours, the firm has allegedly offloaded 47,000 ETH to avoid liquidation—totaling $89.29 million—with the latest liquidation threshold ranging from $1,509 to $1,800.
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A whale once went long on ASTER at an average price of $1.37, now experiencing nearly 9x unrealized loss on the position.
On February 6, HyperInsight monitoring data reveals that a whale address (0xa9c...) on Hyperliquid has held a long position in ASTER that’s been heavily underwater for nearly four months.
The position was opened on October 15 last year at an average price of approximately $1.37. It currently has an unrealized loss of around $2.14 million—equivalent to an 866% loss, or nearly 9x the initial principal. The current position size is about $1.23 million, with a liquidation price of $0.31.
Additionally, the address has recently been actively trading xyz:SILVER (a synthetic silver asset) and xyz:XYZ100 (a synthetic Nasdaq 100 index asset), chasing price swings. Its most recent close was a SILVER long position from seven days ago: the position size once peaked at $7.86 million, and it exited with a loss of roughly $1.67 million. After multiple losses, the address’s account balance has dwindled to approximately $0.54 million.
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Placeholder Partner: Crypto Market Could See a Rebound, But 'Bloodbath' May Not Be Over
Chris Burniske, former crypto lead at Ark Invest and now a partner at Placeholder VC, said on Feb 6:
“Watching closely, but not buying in yet. Expect a bounce, but fear this washout isn’t over yet.”
Previously reported, on Jan 26, Burniske stated:
“I haven’t started buying in yet—focusing on key support levels at $80k, $74k, $70k, $58k, and $50k and below. It’s important to note I’m not concerned about short-term market moves. If the price continues to bounce from current levels, I’ll hold my existing positions and gradually diversify my investments; if the market sees a significant drop, I’ll keep buying more BTC and a select few crypto assets.”
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