Shield: The KiloEx Attacker Tagged Address has returned approximately 1.4 million USDT to KiloEx

On February 1st, CryptoQuant CEO Ki Young Ju said in a social media post that Bitcoin prices have continued to decline due to sustained selling pressure and a lack of new capital inflows. Early Bitcoin holders—who’ve amassed massive unrealized gains from ETF and MicroStrategy (MSTR) buying pressure—started taking profits early last year. Back then, strong capital inflows kept Bitcoin’s price around $100,000, but those inflows have now dried up. However, Ki also noted that MicroStrategy is the main driver behind this rally. The market won’t see a 70% crash like in previous cycles unless Michael Saylor (MSTR’s CEO) sells off a significant portion of his holdings. While the current market bottom isn’t clear yet, this bear market could lead to a broad consolidation range.

On February 1st, Ethereum faced short-term pressure, dropping below $2,400 to trade at $2,393.42, per HTX market data. Earlier, the "BTC OG Insider Whale" deposited 100,000 ETH into Binance.

On February 1st, per LookIntoBitcoin monitoring, a "BTC OG" insider whale has transferred another 100,000 ETH to Binance.

As of February 1, Coinglass data shows Bitcoin delivered a -10.17% return in January—its fifth-worst monthly performance since 2013, well below the 1.91% historical average for the month. Ethereum, meanwhile, posted a -17.52% January return, marking its third-worst showing since 2017 and far under its 16.81% historical January average. Looking ahead to February: Bitcoin’s historical average monthly return is 12.2%, with just 3 instances of negative returns on record. Ethereum’s February average stands at 10.37%, with only 2 cases of negative returns historically.

On February 1st, Jupiter announced via official sources that it will integrate Polymarket, positioning Jupiter as the most innovative prediction platform on Solana. Users will be able to access Polymarket directly through the built-in "Prediction" feature in the Jupiter app.

February 1 Hong Kong Financial Secretary Paul Chan Mo-po published an essay titled *Stay Prudently Optimistic and Forge Ahead* in a recent blog post. He noted that global market turbulence has sparked intense international capital flows—even so-called safe-haven assets have seen price corrections after repeated record highs. For example, gold prices surged over the past four years, then jumped nearly 30% in January this year, approaching the historical high of $5,600. However, prices have pulled back sharply in recent days, dropping more than 12% from their peak. Paul Chan added that Hong Kong’s financial system has operated stably and smoothly, with total bank deposits exceeding HK$19 trillion. Amid rapidly shifting global political and economic conditions, risks and volatility in the coming year will remain significant.