Ethereum Drops Below $2300, Down 2.43% in the Past Hour

On February 3rd, Su Zhu—co-founder of Three Arrows Capital—said in a post that Bitcoin OGs (veteran investors) exiting the market isn’t as pessimistic as it sounds. In fact, OGs have been leaving since Bitcoin’s early days, and each token distribution has strengthened its long-term health and monetary value. If Bitcoin relied solely on individual purchases or holdings, it would’ve died long ago. MicroStrategy’s Saylor is no different; he’s just a figurehead—MSTR investors are the ones actually bearing MicroStrategy’s Bitcoin risk exposure. Notably, Su Zhu stayed silent from late September last year until late January this year, when he reactivated. Yesterday, he even commented on EIP-1559 and the 1011 insider whale’s ETH investment loss, saying: “They took losses because they got overconfident after cashing out at the top and re-entered the market too early.”

February 3rd — Trend Research has transferred another 10,000 ETH to Binance, per Onchain Lens monitoring. This marks a total of 30,000 ETH moved by the firm this morning.

On February 3, per GMGN monitoring, Base chain meme coin CLAWD hit an all-time high of $9.4 million in market cap early this morning. It currently trades at $6.8 million, having notched a 60% intraday surge at one point in the past 24 hours, with trading volume around $7.6 million. This latest rally was primarily fueled by the token’s listing on LBank and MEXC exchanges yesterday, which drew incremental capital. Over the past hour, Austen Allred has engaged in multiple interactions on X, sparking another minor price uptick—with the token up nearly 22% in the last hour. The token emerged amid the ongoing AI narrative trend on Base, centered around Austen Allred’s Claude AI agent as its creative theme, and integrates AI meme elements with gas fee subsidy mechanisms.

February 3 — Per official sources, Binance Futures will support United Stables (U) as a margin asset for cross-collateral mode beginning at 07:00 UTC on February 5, 2026.

Per the latest publicly available information, Jeffrey Epstein was already into Bitcoin as early as 2011, according to a February 3rd update. In a June 12, 2011 email, Epstein stated: “Bitcoin is a brilliant idea, but it also has some serious flaws.” In 2013, Epstein discussed Bitcoin with Boris Nikolic—former CTO to Bill Gates—and Steven Sinofsky, a board partner at a16z and ex-president of Microsoft’s Windows Division. Even in 2014, Epstein had in-depth talks with PayPal co-founder Peter Thiel about Bitcoin’s nature. In the email, he wrote: “There’s no consensus on what Bitcoin is—whether it’s a store of value, a currency, or property... just like a man dressed as a woman, or property disguised as currency.” Additionally, in 2016, Epstein noted in emails with Raafat AlSabbagh (advisor to the Saudi Royal Court) and Aziza Al Ahmadi (now an advisor to Abu Dhabi’s Department of Culture and Tourism) that: “I’ve spoken with some Bitcoin creators, and they’re very excited.” N

As of February 3rd, on-chain meme coin CLAWD has surged to a market cap of roughly $20 million, per data from GMGN Market. It currently trades at $19.5 million, with a 94% 24-hour gain, $11.8 million in trading volume, and nearly a 22% jump in the past hour. The rapid climb may be linked to recent activity in the on-chain game ClawFomo. The winner of this ClawFomo round received ~116 million CLAWD tokens, with ~97 million already burned. This has further incentivized community participation in the next game round, boosting market sentiment. CLAWD is a community-issued token launched by community members for the AI agent "clawd.atg.eth"—a self-hosted personal AI assistant created by Ethereum Foundation developer Austin Griffith, built on the open-source clawd.bot. The CLAWD community deployer stated they will send a portion of transaction fees to the "clawd.atg.eth" wallet address.