Bitcoin Rebounds Above $76,000, 24-hour Loss Narrows to 3.5%

Per monitoring from TheDataNerd on February 2, Fenbushi Capital withdrew 2,432 ETH from Binance 10 minutes ago, worth roughly $5.44 million. Fenbushi Capital typically stakes all withdrawn ETH, and its total staked ETH now stands at 10,944, valued at around $24.48 million.

**Binance Reminder: Tokenized Stock Purchase Alpha Points Promo Ends Feb 3 at 20:59 UTC+8** On February 2, Binance notified users that its promotion awarding 5 Binance Alpha Points for buying $50 or more in tokenized stocks via Binance Wallet will expire at 20:59 UTC+8 on February 3. The campaign, first announced by Binance, runs from 21:00 UTC+8 on January 20 through 20:59 UTC+8 on February 3. Eligible users must complete a single transaction of $50+ in tokenized stock purchases on Binance Wallet, with one reward per user.

Crypto wallet Rainbow has released the rules for the CCA launch subscription of its RNBW token on Uniswap. The pre-sale kicks off at 11:00 PM Beijing Time on February 2 and runs through 11:00 PM Beijing Time on February 3. Concurrently, the CAA mechanism auction will launch, ending at 11:00 PM Beijing Time on February 5. Key CCA details: - Each block sets a single clearing price; orders execute if the clearing price ≤ the user’s maximum bid. - Starting price: $0.1 per token. - Fully diluted market cap: $1 billion; implied market cap: ~$19 million. - Total tokens sold via CCA: 5 million (0.5% of supply); payment method: USDC. Post-event steps: - CCA participants can claim their RNBW tokens via Uniswap. - RNBW airdrop rewards will be claimable via the mobile app. - Non-U.S. CoinList participants will receive tokens directly. - After distribution, RNBW will be tradable on Base and centralized exchanges.

February 2 – Per monitoring from HyperInsight (via its Telegram channel @HyperInsight), a whale with an address starting with 0xd9e has maintained a Bitcoin (BTC) long position since last August without closing it. Amid the recent sharp market sell-off, the position is now near its liquidation threshold. Currently, the address holds a 4x-leveraged BTC long position worth approximately $4.54 million, with an unrealized loss of up to $2.35 million (roughly -207%). Its liquidation price is around $74,500. Due to ongoing losses, the address’s available balance is now less than $100,000, leaving only about 1.3% further downside before liquidation is triggered.

On February 2nd, Elon Musk and LinkedIn co-founder Reid Hoffman clashed over the Epstein case. Hoffman accused Musk of “fabricating facts via the influence of a $220 million political donation with Trump to cover up his own crimes in the case.” Musk denied ever attending Epstein’s parties and shared emails between Hoffman and Epstein, stating: “Epstein kept pestering me to go, but I always refused. But you actually went.” Today, Musk’s pinned tweet clarified his involvement in the Epstein case, saying: “No one has worked harder than me to push for full disclosure of the Epstein files and prosecute those who abuse children. I know exactly what mainstream media, far-left propagandists, and the truly guilty will do — and I’ll be mercilessly smeared for it. But I never attended his parties, never set foot on his chilling island, and did nothing wrong. The strong must protect those who can’t protect themselves — especially vulnerable kids. To better protect children and give them a chanc