Crypto Market Fear Subsides Significantly, Today's Fear and Greed Index at 45

February 4th data from OnchainLens shows a whale address—silent for 9 months—borrowed 20 million USDT over the past two days to purchase 8,806 ETH at $2,271 each. The whale currently holds 21,094 ETH in total, valued at approximately $47.53 million. Address: 0x5E90387025235d07576f80C76B3E57EC96547ec4

February 4: Per Arkham data, a BlackRock ETHA address transferred 6,648 ETH to Coinbase Prime just an hour ago—valued at roughly $14.83 million.

February 4 — Singapore-based asset management firm Pilgrim Partners Asia has filed a disclosure with the U.S. Securities and Exchange Commission (SEC) stating it sold 620,000 shares of BNY Mellon’s iShares Ethereum Trust ETF (ETHA) in the prior quarter, valued at $16.21 million. The firm still holds $25.49 million in BNY Mellon Bitcoin ETF shares and $10.64 million in Strategy shares.

On February 4, Nasdaq-listed Bitcoin mining firm Cipher Mining announced plans to offer senior secured notes to qualified institutional buyers—subject to market conditions and other factors—to raise a total of $2 billion. Guarantors for the transaction are Cipher Black Pearl and 11786 Wink LLC. Net proceeds from the issuance will cover remaining construction costs for a high-performance computing data center in Wink, Texas, fund a debt service reserve fund, and pay associated fees and expenses.

On February 4, gold rebounded sharply after plunging 10% last week, sparking debate in markets over whether the bull market has ended. Analysts say the downturn is more likely a short-term pullback within the bull run, not a trend reversal. Analysts note gold is now in its third major bull market since 1971. Historically, the two prior cycles (1971–1980 and 2001–2011) saw multiple deep 10%–20% retracements that didn’t break the long-term uptrend. The current bull run has also had several corrections, with volatility ongoing. A key difference this time: central banks’ steady, large-scale gold buying has added stronger structural support to the cycle. Data shows global central banks’ net gold purchases hit 328 tons in 2025. Some institutions say while gold is somewhat overvalued relative to models, it’s not in a bubble yet. UBS says gold bull markets typically end only when central banks regain strong credibility and monetary policy regimes shift fundamentally. Amid doubts about

Feb. 4 — Nasdaq is considering a "Fast Entry" rule to speed up the addition of large new listings to its indexes. The proposed amendment would allow recently listed firms to join the Nasdaq 100 Index just 15 trading days post-listing — a sharp reduction from the current minimum three-month waiting period. The goal is to make the index more timely and responsive to market shifts. (Source: Wall Street CN)