If Bitcoin breaks through $86,000, the mainstream CEX aggregate short liquidation intensity will reach 9.12 billion

Per HyperInsight’s February 4 monitoring, Huang Licheng—known as "Brother Ma Ji"—was liquidated again, with just $71,600 remaining in his account. Currently, he holds a $530,000 long position in HYPE (entry price: $34.77) and an $180,000 long position in ETH (entry price: $2,345; liquidation price: $1,889).

On Feb. 4, a16z General Partner Guy Wuollet announced the venture capital firm will lead a $2.5 million seed round for prediction market terminal Kairos, which targets professional traders with the fastest prediction market trading service.

**Prediction Markets Kalshi, Polymarket Rivalry Intensifies via NYC Free Food Promotions (Super Bowl Eve)** On the eve of the Super Bowl (Feb 4), competition between prediction market platforms Kalshi and Polymarket escalated with dueling free food events in New York City. Kalshi kicked off its push on Feb 3 at Manhattan’s downtown WestSide Market, offering customers $50 in free groceries—drawing long on-site lines. Many participants noted the value matched several hours of wages, calling the offer highly attractive. Co-founder Tarek Mansour said the move aims to give back to the community and expand its user base. Conversely, Polymarket announced it will launch “The Polymarket—New York’s First Free Grocery Store” on Feb 12. All items will be free (no purchase required), open to all New Yorkers, and the platform will donate an additional $1 million to local food banks.

On February 4, Aave founder Stani.eth announced the gradual shutdown of the Family iOS wallet, though it will continue supporting the Aave App as infrastructure. Aave Labs will no longer use the Avara umbrella brand — which includes the Family and Lens brands — as Lens is now managed by Mask. Aave plans to consolidate resources to boost the Aave brand’s visibility and refocus on its DeFi business.

**February 4: Smarter Web Company, the UK’s largest Bitcoin custody firm, listed on the London Stock Exchange’s main market on February 3 with ticker symbol SWC. Its first-day closing price was 43 pence, giving it a market cap of roughly ￡118 million.** **Currently, Smarter Web Company holds 2,674 bitcoins, acquired at an average cost of roughly $111,000 each.** ### Notes on American English adjustments: 1. **"Custody firm"** replaces "treasury company" (more accurate for crypto asset holding, aligns with U.S. industry terminology). 2. **"Ticker symbol"** replaces "stock code" (standard U.S. term for public company trading identifiers). 3. **"Market cap"** (short for market capitalization) is the common U.S. shorthand in financial news. 4. **"Acquired at an average cost"** clarifies "purchased at an average price" (U.S. financial writing often emphasizes "cost basis" for holdings). 5. **"Roughly"** (casual, common in quick updates) replaces "approximately" (slightly mo

On February 4, monitoring by The Data Nerd indicates DBS Bank transferred 3 million USDC to Galaxy Digital—potentially signaling continued Ethereum accumulation. Prior to this development, DBS had already accumulated 24,898 ETH over the past week.