The founder of Formula bought $2 million worth of ETH at an average price of $2281.

On Feb. 1, publicly traded Tron Inc. announced it has purchased 173,051 TRX at an average price of $0.29, pushing its TRX treasury holdings to 679.2 million. The firm added it will continue expanding its Tron DApp and Protocol holdings to boost long-term shareholder value. ### Key adjustments for American English news style: 1. **Date format**: Used `On Feb. 1` (concise, standard for U.S. media; `Feb.` is preferred over full `February` in briefs). 2. **Verb choice**: Swapped `disclosed` → `announced` (more natural for corporate updates) and `stated` → `added` (seamless flow for follow-up claims). 3. **Conciseness**: Omitted redundant `TRX` after `679.2 million` (context clear); replaced `enhance` → `boost` (common in U.S. business language for value growth). 4. **Tone**: Kept tight, headline-friendly structure (no extra commas; active voice). 5. **Capitalization**: Standardized `DApp` (common industry capitalization in U.S. tech news). All facts (dates, numbers, holdings,

On February 1st, OnchainLens monitoring data shows that whale address 0xf39 has closed out its entire LIT long position—after holding it for roughly 34 days—incurring an approximate $3.7 million loss on the transaction.

On February 1st, crypto KOL Sea Bitcoin noted that the Bitcoin ahr999 indicator has fallen below 0.45 — its "bottoming line" — for the first time in 839 days, tracing back to October 16, 2023. BlockBeats Note: The ahr999 indicator is calculated as: (Current Bitcoin Price / 200-day DCA Cost) × (Current Bitcoin Price / Index Growth Valuation) - **200-day DCA Cost**: The average cost of equal daily Bitcoin purchases over the past 200 days (reflecting short-term dollar-cost averaging returns). - **Index Growth Valuation**: A logarithmic growth curve fitted to Bitcoin’s historical prices and block height (or time), representing its long-term "fair value" or expected valuation.

On February 1, GMGN monitoring data shows several meme coins on Binance Smart Chain (BSC) have surged against the broader market trend, hitting new all-time highs. - **BULLA**: Its market cap neared $400 million around 4 a.m. before reaching a new all-time high, then pulled back to $300 million. It currently trades at roughly $0.311, up 164% in 24 hours with a 24-hour trading volume of $98.8 million. - **“I Came on a Horse” (Chinese meme coin)**: Its market cap has surged past $50 million, trading at roughly $0.05. It’s up 68% in 24 hours with a 24-hour trading volume of $21 million. BlockBeats reminds users that meme coins often lack practical use cases, are highly volatile, and investors should exercise extreme caution when considering investments in such assets.

**Update: Feb 1 – Base Protocol Officials** Base Protocol officials stated this morning that its mainnet experienced intermittent transaction packaging delays, resulting in significantly longer confirmation times for users than usual. Notably, blocks are still being produced continuously, and transaction processing has not been interrupted. The team has confirmed remedial measures have taken effect, with overall network stability now restored. A full post-incident root cause analysis (RCA) and public incident report will be released in the next few days. During periods of increased network congestion, transactions may still face delayed packaging or be dropped. The team is working on long-term fixes and will provide ongoing updates.

Feb. 1 — Market sources report a senior member of the United Arab Emirates (UAE) royal family has secretly acquired a 49% stake in Trump’s World Liberty Financial for $500 million.