Bitwise to Acquire Cryptocurrency Staking Service Provider Chorus One

February 4th — Per HyperInsight monitoring, at 2:09 PM (14:09) today, a whale with an address starting with 0xc6ac opened a new 20x leveraged long position in BTC at an average entry price of $76,380. The whale holds a 33.87 BTC long position (equivalent to ~$2.59 million), with an unrealized gain of roughly $3,679.

**Bitcoin & Ethereum Funding Rates Update (Feb 4)** Per Coinglass data, Bitcoin briefly dipped below $73k early Feb 4 before rebounding above $76k. Funding rate trends show: - Bearish sentiment has eased from yesterday but remains dominant. - Bitcoin’s rates across exchanges flipped from negative to positive, though the bearish trend persists. - Ethereum’s rates are still negative on most platforms—shorts are paying longs to hold positions, signaling stronger bearishness for ETH. **BlockBeats Note**: Funding rates align perpetual contract prices with underlying assets (exchanges don’t charge this fee; it’s a transfer between long/short traders). - 0.01% = baseline rate. - Above 0.01% = generally bullish. - Below 0.005% = generally bearish.

On February 4, Binance announced the launch of a Spot TWAP order feature in an official statement. This tool lets users execute large orders in batches, helping them secure a more favorable market average price while minimizing slippage and market impact.

Cointelegraph reported on February 4 that Coin Metrics has observed a sharp decline in Ethereum network fees since the network’s Fusaka upgrade in December 2025, which has boosted the efficiency of on-chain operations. Currently, Ethereum’s average daily transaction volume exceeds 2 million, and active addresses are up 60% from their prior average level. Coin Metrics noted that low gas fees have spurred a surge in "dusting attacks": stablecoin (USDC and USDT) "dust transactions" now account for roughly 11% of total Ethereum transaction volume and 26% of daily active addresses. Before the upgrade, dust transactions made up only 3%-5% of total volume—but that share has tripled post-upgrade. A dusting attack refers to hackers sending small amounts of tokens to random addresses to track wallets or disrupt the network.

February 4: Onchain Lens data shows whales continued accumulating gold-backed tokens as gold again topped $5,000. - Whale address 0xf56 spent 8.09M USDC to buy 1,636.77 XAUT at $4,943 each. - Whale address 0xa92 used $6M worth of WBTC and stETH to purchase 564.27 PAXG + 631.56 XAUT, averaging $5,020 per token. - Whale address 0x09e allocated 4.85M USDT for 977 XAUT at $4,961 each.

Feb 4 — Per the Coinbob Popular Address Monitor (https://t.me/Coinbob_track_CN), crypto KOL CBB (@Cbb0fe on X) has been adjusting positions on Hyperliquid lately, maintaining a large short position in the blockchain’s commodity chain. His current total position size exceeds $40.8 million, with recent key positions leaning bearish on silver and semiconductor storage sectors. ### Current Account Metrics - Total short position: ~$37.4 million - Total long position: ~$2.45 million - Cumulative profit: ~$9.3 million - Weekly profit: ~$1.27 million ### Key Positions Positions are concentrated in SILVER (Silver Synthetic Contract) and shorts on INTC (Intel), SNDK (SanDisk), and MU (Micron). Details: - xyz:INTC (3x Short): ~$6.9M size, avg price $49, liquidation ~$62.9 - xyz:SILVER (3x Short): ~$6M size, avg price $85.3, liquidation ~$111 - xyz:SDK (3x Short): ~$5.16M size, avg price $665.2, liquidation ~$845 - xyz:MU (3x Short): ~$4.47M size, avg price $425.1, liquidat