On February 6th, OnchainLens monitoring shows the Trend Research address transferred another 19,000 ETH to Binance, valued at roughly $35.88 million. To date, Trend Research has sent a total of 215,588 ETH to Binance—worth around $4.756 billion—for sales and loan repayment.

On February 6, blockchain analytics firm Lookonchain reported that Marathon Digital Holdings (MARA)—a U.S.-based Bitcoin mining company—transferred 1,318 BTC to Two Prime, BitGo, and Galaxy Digital over the past 10 hours. The total value of the transfer is approximately $86.89 million.

February 6 – Per data from the Coinbob Popular Address Monitor (via https://t.me/Coinbob_track_CN), BTC and ETH prices have declined over the past 24 hours, while HYPE has held relatively steady. The largest HYPE whale trader, “Hyperliquid early contributor Loracle,” closed all BTC and ETH short positions initiated the previous day within the last 6 hours. These shorts totaled roughly $56 million, with the BTC short yielding ~$2.43 million in profits and the ETH short netting ~$3.6 million—pushing their weekly total profits to $16.6 million. After closing those positions, the trader opened new BTC shorts around $63,200 and established ETH short positions, continuing their hedge strategy of “shorting BTC/ETH while longing HYPE.” They are already in profit again. Reports indicate the trader plans to take profits in batches as BTC falls to the $58,800–$59,900 range. Key position details are below: - HYPE (5x Long): Position size ~$50 million, average entry price $24.37, profits ~

On Feb. 6, OnchainLens data reveals a newly created crypto wallet had its ETH 20x long position liquidated, incurring a $4.048 million loss over just three days.

On Feb. 6, per Coinglass data, total network liquidations for the HYPE token over the past 4 hours totaled just $8.43 million, with $5.46 million of that tied to long positions being liquidated. Amid this latest market selloff, HYPE held up well: Bitcoin plummeted from $79k to $60k — a 24% drop in 3 days — while HYPE bucked the trend with a 5% gain, showing the “smaller drawdown, faster rebound” pattern in its price action.

On February 6th, per HTX market data, Ethereum rebounded and broke above $1900, with its 24-hour decline narrowing to 11.62%.