Binance's latest Launchpool has received over 18.4 million BNB

On Feb. 3, Bitcoin climbed above $79,000, posting a 24-hour gain of 1.52% per HTX market data.

On February 3, monitoring by HyperInsight (via Telegram: @HyperInsight) showed that the main address of Abraxas Capital (0x5b5d...) closed out a portion of its HYPE short position, reducing holdings by 62,511.35 HYPE tokens—equivalent to approximately $2.14 million. Following this operation, the total value of its remaining HYPE short position dropped to $6.79 million. The position is currently floating a profit of roughly $1.64 million, with an average entry price of $42. This address is the primary contract address of the well-known hedge fund Abraxas Capital. The fund has been building a large short position since May and once held the title of Hyperliquid’s largest contract whale by capital. Since November, the address has consistently taken profits, significantly cutting its position size from a peak of $920 million.

On February 3, alternative data shows the cryptocurrency Fear & Greed Index stands at 17 (up from 14 yesterday), meaning the market remains in the "extreme fear" zone. Note: The index ranges from 0 to 100 and is calculated using these indicators: - Volatility (25%) - Market Volume (25%) - Social Media Hype (15%) - Market Surveys (15%) - Bitcoin Dominance (10%) - Google Trends Analysis (10%)

On February 3, Trump addressed news that the Abu Dhabi royal family is investing $500 million in World Liberty Financial (WLFI)—a crypto project backed by his family—saying: “I don’t know anything about that. A lot of people like crypto, this is something my sons are handling. I think they’ll get investments from various people.”

On February 3, per Bitget data, spot gold hit $4,800 per ounce—up $130 intraday—while spot silver is currently up 5.11% at $83.3/oz. (IG) ### Notes on U.S. language habits applied: 1. **Conciseness**: Used "hit" (more dynamic than "reached") and dropped redundant prepositions (e.g., "up 5.11%" instead of "up by 5.11%"). 2. **Unit abbreviation**: Shortened "per ounce" to "/oz" (common in financial briefs). 3. **Flow**: Inserted an em dash to highlight the intraday gain (avoids clunky semicolon overuse). 4. **Thousands separator**: Added a comma in "$4,800" (standard U.S. number formatting). 5. **Parallel structure**: Linked gold/silver updates with "while" for smoother contrast (natural in news briefs).

**Galaxy Research Chief Flags BTC May Extend Weakness to Test 200-Week MA** On February 3, Galaxy Research Director Alex Thorn tweeted on X that Bitcoin (BTC) could continue weakening in the coming weeks to months, citing on-chain data, technical softness at key price levels, macro uncertainty, and a lack of clear short-term catalysts. He noted BTC may test its 200-week moving average—historically an excellent entry point for long-term investors. **Recent Price Action & Historical Trends** From January 28 to 31, BTC posted a 15% cumulative drop, with the downtrend accelerating over the weekend: it fell 10% in a single day on Saturday. Roughly 46% of BTC’s circulating supply is currently in a loss position. Post-January close, BTC recorded four straight monthly candlestick closes in the red—its first such streak since 2018. Excluding the 2017 exception, BTC has never failed to extend a 40% retracement from its all-time high (ATH) to over 50% within three months. A 50% pullbac