Justin Sun: Li Lin Once Concealed Due Diligence Materials, I Lent the Company $30 Million to Fill the Gap

Official: Binance to Launch TRIAUSDT Perpetual Contract on Feb. 6, 2026, at 8:15 PM UTC+8 – Up to 50x Leverage

On February 6th, Binance released its February Reserve Report, with BTC reserves standing at 100.07% of user holdings, USDT at 103.76%, ETH at 100.02%, and BNB at 101.26%. Compared to its January Reserve Report, user-held BTC on Binance rose by 2,613.981 coins in January—worth roughly $171 million—while user-held ETH dropped by 162,469.512 coins, equivalent to approximately $311 million.

As of February 6, Bitcoin’s February return this year stands at -17.36% (per Coinglass data), compared to a historical average of +10.94%. Since 2013, Bitcoin’s average November return has been +10.94%, with a median November return of +11.68%. Over the past 13 years, February has posted 10 gains and 3 losses. This year’s February decline is only second to -31.03% (2014) and -17.39% (2025).

On February 6, according to the Coinbob Popular Address Monitor, the "Strategy Whales" address liquidated long positions across multiple tokens totaling approximately $175 million this morning, incurring a total loss of $31.13 million. This loss pushed its account balance from tens of millions of dollars to less than $6 million. Subsequently, the address transferred roughly $8.29 million to Hyperliquid to replenish margin and maintain account operations. Its total account balance has now recovered to around $12.9 million. Details of the liquidated positions are as follows: - Pre-liquidation ETH long position: ~$105 million; Liquidation price: $1,933; Loss: $17.83 million - Pre-liquidation BTC long position: ~$41.52 million; Liquidation price: $65,700; Loss: $6.3 million - Pre-liquidation SOL long position: ~$15.44 million; Liquidation price: $82; Loss: $3.57 million - Pre-liquidation XRP long position: ~$13.88 million; Liquidation price: $1.25; Loss: $3.43 million The

Update: Bitfinex reported Feb. 6 that Bitcoin just logged its biggest weekly drop since FTX’s collapse in late 2022. Its weekly RSI has hit (or approached) levels above those seen during post-FTX market pressure. Notably, an RSI bottom doesn’t guarantee the price has hit a bottom too—but it signals the market is deeply oversold right now.

On February 6, CryptoBriefing reported that Cardano founder Charles Hoskinson disclosed in a live stream he still continues investing in cryptocurrency despite losing over $3 billion in the crypto space. Hoskinson stressed he is not motivated by personal gain, always rejecting controversial or high-risk opportunities and prioritizing ethics and principles over resources, connections, or influence. This has allowed him to steer clear of high-profile scandals like the FTX collapse and the Epstein documents. He has previously slammed some industry leaders for embracing the flawed "CLARITY Act" in pursuit of power, wealth, and elite standing. When discussing the current market environment, Hoskinson urged the crypto community to confront the downturn head-on, focusing on collaboration and ongoing development rather than short-term price fluctuations.