Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

On February 6, according to the Coinbob Popular Address Monitor, the "Strategy Whales" address liquidated long positions across multiple tokens totaling approximately $175 million this morning, incurring a total loss of $31.13 million. This loss pushed its account balance from tens of millions of dollars to less than $6 million. Subsequently, the address transferred roughly $8.29 million to Hyperliquid to replenish margin and maintain account operations. Its total account balance has now recovered to around $12.9 million. Details of the liquidated positions are as follows: - Pre-liquidation ETH long position: ~$105 million; Liquidation price: $1,933; Loss: $17.83 million - Pre-liquidation BTC long position: ~$41.52 million; Liquidation price: $65,700; Loss: $6.3 million - Pre-liquidation SOL long position: ~$15.44 million; Liquidation price: $82; Loss: $3.57 million - Pre-liquidation XRP long position: ~$13.88 million; Liquidation price: $1.25; Loss: $3.43 million The

Update: Bitfinex reported Feb. 6 that Bitcoin just logged its biggest weekly drop since FTX’s collapse in late 2022. Its weekly RSI has hit (or approached) levels above those seen during post-FTX market pressure. Notably, an RSI bottom doesn’t guarantee the price has hit a bottom too—but it signals the market is deeply oversold right now.

On February 6, CryptoBriefing reported that Cardano founder Charles Hoskinson disclosed in a live stream he still continues investing in cryptocurrency despite losing over $3 billion in the crypto space. Hoskinson stressed he is not motivated by personal gain, always rejecting controversial or high-risk opportunities and prioritizing ethics and principles over resources, connections, or influence. This has allowed him to steer clear of high-profile scandals like the FTX collapse and the Epstein documents. He has previously slammed some industry leaders for embracing the flawed "CLARITY Act" in pursuit of power, wealth, and elite standing. When discussing the current market environment, Hoskinson urged the crypto community to confront the downturn head-on, focusing on collaboration and ongoing development rather than short-term price fluctuations.

On February 6, Charles Edwards—founder of Capriole, a Bitcoin and digital asset quantitative fund—stated that a bullish signal for Bitcoin is emerging. Bitcoin’s Mayer Multiple has dropped to a rare level near 0.6. While further downside in Bitcoin’s price remains possible, this range has historically aligned with some of the most attractive buying opportunities in Bitcoin’s history. **BlockBeats Note**: The Bitcoin Mayer Multiple is a technical indicator for analyzing Bitcoin markets, proposed by Trace Mayer. It assesses the market’s relative valuation by comparing Bitcoin’s current price to its 200-day moving average (200DMA). Historically, when the Mayer Multiple rises above 2.4, it typically signals an overheated market, which could trigger a correction or bear market. When the Mayer Multiple falls below 0.8, the market may be undervalued, presenting a strong buying opportunity.

On February 6th, Michael Saylor addressed concerns about Bitcoin’s quantum computing risk during MicroStrategy’s fourth-quarter earnings call, dismissing those claims as mere FUD surrounding Bitcoin. Saylor noted that quantum computing remains over a decade away from true maturity—currently a promising but early-stage technology. Many industries, including financial services and defense, still heavily rely on traditional cryptographic systems. Worldwide, investment and research into post-quantum cryptographic protocols (to counter quantum threats) are intensifying. The Bitcoin community has also been engaging in and contributing to relevant R&D efforts. If Bitcoin ever requires an upgrade in the future, a global consensus will be reached. Once post-quantum security upgrades are deployed, Bitcoin will only grow stronger. MicroStrategy plans to launch a Bitcoin security initiative, partnering with global cybersecurity, cryptographic, and Bitcoin security communities.

Binance Alpha launched the second round of its Stable (STABLE) airdrop on February 6. Eligible users (those with at least 240 Binance Alpha Points) can claim 1,845 STABLE tokens on a first-come, first-served basis. If rewards aren’t fully distributed, the points threshold will automatically drop by 5 points every 5 minutes. Claiming this airdrop requires 15 Binance Alpha Points. Users must confirm their claim via the Alpha event page within 24 hours—otherwise, the airdrop will be forfeited.