Token | Trading Volume 【BTC】7.90 billion 【APT】24.21 million 【HYPE】60.98 million 【FIL】32.28 million 【SSV】4.89 million 【ZK】17.05 million 【PAXG】90.95 million 【TIA】9.93 million 【TRUMP】150.74 million 【UNI】57.69 million

Huoxun Finance News, February 1st - In response to the decline in the cryptocurrency market, DCG founder and CEO Barry Silbert posted, "This is a blessing from the gods of cryptocurrency. It's a cleansing of leverage and junk tokens. A massive rotation of funds is about to begin; it's time to choose your investment targets. My choices are BTC, ETH, SOL, ZEC, TAO, and Bittensor subnet tokens."

Huoxun Finance reported on February 1st that Base announced it has verified the fix restored overall network stability and will conduct a comprehensive root cause analysis (RCA), releasing a public event analysis report in the coming days. When network congestion worsens, submitted transactions may still occasionally experience delays or loss. The team is working to find a long-term solution to correct this issue and will provide updates on progress. Previously, Base reported intermittent transaction packaging delays on the mainnet, with user transaction confirmation times significantly longer than normal. The official statement indicated that blocks were still being produced and transactions were not stopped being processed, but during network congestion, some transactions may be delayed or even discarded.

According to Huoxun Finance on February 1st, on-chain analyst Ai Yi's monitoring, some large ETH holders are panic selling: ETH swing trading whale nemorino.eth: In the past 9 hours, it cleared out all WETH at an average price of $2514.85, while the cost of these 7107.08 WETH was as high as $3045.24, resulting in a loss of over $3.769 million. A whale that previously profited $14.26 million by buying low and selling high with WBTC: In the past 6 hours, it deposited a total of 3500 ETH, worth $8.42 million, into multiple exchanges, at an average deposit price of $2406.

Huoxun Finance reported on February 1st that, according to on-chain analyst Yu Jin, Trend Research withdrew 109.1 million USDT from Binance to repay loans on-chain after the ETH price drop early this morning. This reduced its leveraged ETH purchases from $1.12 billion to $1.01 billion, lowering the leverage ratio from 2.4x to 2.2x. Trend Research currently holds a total of 651,500 ETH (approximately $1.83 billion).