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Spot Gold Hits Downward to $4530 per Ounce, Silver Loses $74 per Ounce

2 hours ago

Feb. 2 — Per Bitget market data, precious metals are extending losses. Spot gold dropped to $4,530 per ounce, marking a 7.29% intraday decline. Spot silver slipped below $74 per ounce, with a 13.01% daily drop.
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「7 Siblings」 once again increased their holding by 6,820 ETH, bringing their total holdings to 30,959 ETH

Feb 2: Mysterious "7 Siblings" whale has again purchased 6,820 ETH for $15 million, per Onchain Lens monitoring. Over the past two days, the whale has amassed 30,959 ETH at an average price of $2,332 per token, totaling $72.21 million in value.

7 minutes ago

Binance SAFU Fund Address initiated authorization 10 minutes ago, possibly in preparation for Bitcoin accumulation

On-chain data as of February 2nd shows the Binance SAFU Fund address conducted an authorization 10 minutes ago, appearing to either add two new addresses to its "allowed recipients whitelist" or prepare to boost its Bitcoin holdings. Earlier reports note three days have passed since Binance announced its "$1 billion Bitcoin purchase plan," with no buy activity from the SAFU Fund address to date. This may be linked to the weekend break.

7 minutes ago

Vitalik Buterin: It Is a Mistake to Be Too Bullish on ETH Too Early

**Feb 2nd Update** Liquid Capital founder Yi Lihua (formerly LD Capital) posted on social media on February 2nd: “As someone currently facing the most pressure from the entire community, I need to admit upfront: It was a mistake to turn bullish on ETH too early after closing positions at the top. Back then, BTC hovered around $100,000 while ETH stayed near $3,000—we thought ETH was undervalued. Right now, after our recent round of profit-taking, we’re sticking to a holding-focused mindset. We’ll keep waiting for the market to rebound while managing risk. Thanks for everyone’s concern. Investing and trading are tough—once you’re in this industry, there’s always an irresistible urge to be bullish.”

7 minutes ago

Bitcoin has been down for four consecutive months, ETH for five consecutive months, both historically rare

As of Feb. 2, Coinglass data shows Bitcoin has declined for four straight months since October 2023, falling from an all-time high of $126,000 to its current price of $76,500—with a maximum cumulative drop of 39.3%. Historically, only two Bitcoin downturns match the current slump: the July-October 2014 pullback and the August 2018-January 2019 decline. Ethereum (ETH) has fallen for five straight months. Its only comparable extended declines in history were December 2024-April 2025 and May-November 2018.

7 minutes ago

U.S. Stock Market Futures Extend Losses, Gold and Silver Market Cap Shrinks by Over $10 Trillion in Three Days

On February 2, per Bitget market data, U.S. stock futures extended losses—Nasdaq 100 futures dropped 1.8%. Additionally, gold prices fell below $4,500/oz, silver prices dropped under $72/oz, and the combined market value of gold and silver has shed over $10 trillion in just three days.

7 minutes ago

Possibly influenced by Naval's mention of Moltbook, the meme coin MOLT experiences a brief surge of over 55%.

On February 2nd, Base ecosystem meme coin MOLT rallied more than 55% in a short timeframe, with a current market cap of $36.63 million, per GMGN market data (link: https://t.me/gmgnaibot?start=i_m4TE56o8_0xb695559b26bb2c9703ef1935c37aeae9526bab07). In a prior report, prominent Silicon Valley angel investor Naval Ravikant noted Moltbook represents the "new reverse Turing Test."

7 minutes ago

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