Capital Flow

Bitcoin remains range-bound around $69,000, with ETF inflows of $516 million, but still not fully offsetting the $2.2 billion outflow. Deribit put/call ratio surged to 3.1 before falling back to 1.7. Silver plummeted 45%, triggering a chain liquidation effect. Bitcoin is stuck in a downtrend and needs to break above $72,000. Wednesday's non-farm payrolls are expected to increase by 70,000, with market sentiment remaining cautious.

ChainCatcher News reports that Strategy Company's Executive Chairman Michael Saylor stated in an interview with CNBC that concerns about the company being forced to sell Bitcoin are "completely unfounded." Despite the company's massive losses in the fourth quarter and the continuous decline in Bitcoin prices, Saylor reaffirmed that the company will not sell and will "buy Bitcoin every quarter forever."

ChainCatcher reports that, according to Arkham data, at 08:12, 53.2 BTC (worth approximately $2.06 million) was transferred from Cumberland DRW to an anonymous address (starting with 3PeHrRw...).

Crypto markets opened the week under a cooler, more cautious sky after on-chain data showed that the recent sell-off in Bitcoin is being met with something far more troubling than panic: an absence of fresh buyers. Data published today by CryptoQuant shows that new investor inflows over the

Odaily Planet Daily reports that, according to Lookonchain monitoring, yesterday the US Bitcoin ETF had a net inflow of 417 BTC, with a 7-day net outflow of 11,607 BTC; Ethereum ETF had a net inflow of 10,536 ETH, with a 7-day net outflow of 78,345 ETH; Solana ETF had a net inflow of 10,471 ETH.

ChainCatcher message, according to Arkham data, at 23:50, 7412.57 ETH (valued at approximately $14.98 million) was transferred from Matrixport to an anonymous address (starting with 0xe720...).

Binance converted $300 million in stablecoins into 4,225 BTC for its Secure Asset Fund, raising its Bitcoin holdings to 10,455 BTC. Interest also surrounds its relationship with Trump-linked USD1 stablecoin, which has a $5 billion supply, primarily held on Binance.

ChainCatcher reports that, according to Arkham data, at 20:45, 52.92 BTC (worth approximately $3.43 million) was transferred from an anonymous address (starting with 168Bveij...) to Cumberland DRW.

Coinbase has adopted the Sui token standard, enhancing trading and custody services for Sui alongside Ethereum and Solana. This partnership aims to simplify asset management for institutions and developers, reflecting growing interest in Sui-based investment products.

Cash App, owned by Block Inc., has launched new bitcoin features, including zero-to-low fees, higher withdrawal limits, and 24/7 access, aimed at enhancing accessibility. This follows Block Inc.'s plan to cut up to 10% of its workforce to reduce costs.

Latest data shows that publicly traded companies holding Solana as treasury assets are under significant accounting pressure. According to estimates based on disclosed acquisition costs and current market prices compiled by CoinGecko, these companies have collectively unrealized losses exceeding $1.5 billion. They hold over 12 million SOL, approximately 2% of the total supply, with SOL currently trading around $84. The losses are mainly concentrated among several US-listed companies, including Forward Industries, Sharps Technology, DeFi Development Corp, and Upexi, with a combined unrealized loss of over $1.4 billion. Since some companies have not fully disclosed their cost basis, the actual loss could be even higher. Although no forced sales have occurred yet, the capital markets have already "priced in" the risk, with their stock prices generally below the market value of their held tokens, significantly limiting their financing capabilities.

Gate News bot message, a Bitcoin OG (10/11) withdrew 77.47 million USDT from centralized exchanges for loan repayment. Earlier, the same entity deposited 15,000 ETH (valued at $33.35 million) into CEX. Within the past 7 hours, a total of 35,000 ETH ($78.31 million) was sent to CEX, while $82.39 mill

Strategy, the largest corporate holder of Bitcoin, has confirmed new purchases during the recent market downturn, viewing it as a key opportunity for accumulation. CEO Phong Le emphasizes a long-term optimistic outlook, reinforcing the company's commitment to Bitcoin despite short-term volatility.

Bitcoin ETFs have seen increased institutional demand, with notable inflows despite overall outflows. Analysts label recent downturns as the weakest bear case in Bitcoin's history, indicating resilience among early investors amid rising financialization concerns.

ChainCatcher message: According to Arkham data, at 18:16, 265.11 BTC (worth approximately $6.47 million) was transferred from Cumberland DRW to an anonymous address (starting with bc1q8q62j...).

On February 10, news reports indicate that after nearly a month of continuous outflows, the US Bitcoin ETF recorded net capital inflows for two consecutive days for the first time, showing a phased recovery in institutional sentiment. According to SoSo Value data, these products saw a total inflow of approximately $471 million last Friday, with an additional $144.9 million on Monday, ending the redemption trend that has been ongoing since mid-January. This round of capital inflow is in response to the short-term rebound in Bitcoin prices. Last Thursday, Bitcoin briefly dropped to around $60,000, then quickly rebounded to near $70,000, easing market concerns about further deep corrections. Previously, after a two-week rally in mid-January that pushed Bitcoin close to a high of $98,000, it subsequently retreated, triggering large-scale sell-offs of spot ETFs.

Bitcoin dropped to $60,000 and then rebounded to $69,800, with selling pressure comparable to the 2022 FTX collapse. Major whales have net sold 81,068 coins within 8 days, Binance deposits account for 48.5%, and the exchange whale ratio surged to 0.447, reaching a new high. Realized losses have reached $889 million, and ETFs have lost over $6 billion in four months.

Bitcoin has fallen below $70,000, hitting a critical support level at $68,000. The market faces uncertainty with significant ETF outflows totaling $3.1B, raising concerns about further declines if support fails.

XRP is facing a liquidity battle at $1.43, with selling pressure concentrated around $1.40. Analysts warn that a significant move could occur if these levels break. Institutional interest from ETF inflows provides some support despite recent price declines.