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Bitcoin Price Drops to $71,680, Hits New Low for This Bear Market

2 hours ago

Bitcoin dropped to $71,680 on February 5, per HTX market data, hitting a new low in the current bear market. It was last trading at $72,143, down 5.58% over the past 24 hours.
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「Ultimate Shorter」 Shorted Consecutively in the Short Term, BTC Short Position Reduced from $7.02M to $4.83M

February 5th — Per the Coinbob Popular Address Monitor, the "Ultimate Short" address (0x5d2f...) cut its BTC short position multiple times over roughly one hour, totaling a reduction of ~31.57 BTC (valued at ~$2.2456 million). After these moves, the total value of its BTC short position dropped from $7,024,800 to $4,832,300. The position’s current unrealized profit is ~$2,786,800, with its liquidation price now at $175,229.03. Notable for opening a BTC short near the $12,000 level, the address regularly shorts major cryptos and altcoins. Its unrealized profit once peaked at $64 million, and it remains among the largest BTC short addresses on Hyperliquid.

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Ethereum Drops Below $2100

Feb. 5 — Per HTX market data, Ethereum has fallen below $2,100, with its 24-hour drop widening to 8.66%.

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Bitcoin Drops Below $71,000

On Feb. 5, Bitcoin fell below $71,000, with its 24-hour decline widening to 7.56%, according to HTX market data.

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A whale has acquired an additional 94,100 SOL, bringing their total staked SOL over the past 5 months to over 360,000 SOL.

Per OnchainDataNerd monitoring as of February 5th, a whale address withdrew 94,100 SOL (≈$8.75 million) from Coinbase 6 hours ago. Typically, this address stakes all such assets to the Drift Protocol. Over the past 5 months, it has staked a total of 360,500 SOL (≈$72.24 million).

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A whale recently sold 96,500 ETH and 334,600 SOL to repay a loan, resulting in a staggering loss of $142 million

On February 5, Lookonchain monitoring data reveals a whale sold 96,584 ETH (at ~$2,210 each, totaling ~$213.45 million) and 334,634 SOL (at ~$93 each, totaling ~$31.19 million) over the past 4 days to repay a loan. The whale has incurred a total loss of $142 million in just 6 months.

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Self-Sovereign AI Agent Platform Feltsense Raises $5.1M in Funding with Participation from Moltbook Founder

On February 5, autonomous AI agent platform Feltsense announced the completion of a $5.1 million funding round. The round was led by MattPRD, founder of Moltbook, with participation from Crunchbase, the founders of Joinrepublic, and notable venture capital firms including DraperVC, PrecursorVC, and Liquid2V. The new capital will be used to build a fully autonomous AI agent platform.

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