24H Flash Updates

ChainThink News, February 4: According to data from GMGN, the Meme token BORT on BNB Chain has surged in market capitalization to reach $7.4 million, with a 24-hour increase exceeding 114x. The current market cap stands at $5.8 million, and 24-hour trading volume has reached $13.3 million.

BORT claims its narrative is based on the BNB Chain's Non-Fungible Agent (NFA) token standard, BAP-578, which enables users to convert their trained AI agents into NFT form, facilitating buying, selling, trading, and ownership transfer.

ChainThink warns users that this token standard is actually BEP-20, not the newly proposed BAP-578 standard. Furthermore, BORT is a community-launched Meme token without official endorsement from BNB Chain. Meme tokens often lack practical use cases and are subject to extreme price volatility—investors should proceed with caution.

ChainThink News, February 4: BNB Chain has released a new application-layer standard, BAPs, alongside the Non-Fungible Agent (NFA) token standard BAP-578.

BAPs are standards enabling communities to propose how applications on the BNB Chain communicate and interact, establishing protocols for collaboration between applications, including API specifications, wallet and identity recognition standards, token and NFT utility frameworks, and cross-application interoperability.

BAP-578 is the Non-Fungible Agent (NFA) token standard, where NFAs are AI-driven assets capable of autonomous operation on-chain.

ChainThink report, February 4: According to OnchainLens monitoring, Ethereum co-founder Vitalik Buterin has sold 1,441 ETH over the past two days, with a total value of $3.297 million.

Previous analysis indicates that five days ago, Vitalik transferred 16,384 ETH from his personal address to a multi-signature wallet, and began selling yesterday. This aligns with his announced "multi-year donation initiative" aimed at supporting the development of a fully-stack open-source, secure, and verifiable software and hardware ecosystem.

ChainThink report, February 4: Cryptocurrency journalist Eleanor Terrett revealed that two informed sources disclosed senators from the Democratic Party plan to hold a closed-door meeting tomorrow to discuss the Cryptocurrency Market Structure Act (the CLARITY Act). This will be the first meeting held by Democratic members since the Senate Banking Committee postponed the bill's review last month.

ChainThink News, February 4: The official Axie Infinity team announced that the introduction of non-tradable token bAXS is imminent. Backed by AXS at a 1:1 ratio, bAXS aims to reduce inflationary rewards and better incentivize genuine players. Axie Infinity will conduct two rounds of bAXS airdrops based on Axie scores and the amount of staked AXS. Users must stake at least 10 AXS before 00:01 UTC on February 5 to qualify for the first airdrop round, with a total reward pool of 100,000 bAXS.

According to market data, AXS has experienced rapid growth recently, rising from approximately $1 at the beginning of the year to $1.62, peaking at $2.99.

ChainThink News, February 4: President Trump signed the government funding bill in the Oval Office at the White House, bringing an end to the partial government shutdown. Earlier that day, the U.S. House of Representatives passed a funding bill for multiple federal agencies for the remainder of the fiscal year, resolving the deadlock that began on January 31. The bill provides funding for various federal departments through September 30—the end of the current fiscal year—and allocates two weeks of funding for the Department of Homeland Security, which has been embroiled in controversy and protests over recent immigration enforcement actions, allowing time for continued negotiations on improving its operations. (Golden 10)

ChainThink message, February 4, according to Barron's, a White House official stated that Federal Reserve Governor Milan has resigned from his position as Chair of the White House Council of Economic Advisers. Since joining the Federal Reserve in September last year, Milan has been on leave in this role. He will continue serving as a Federal Reserve Governor until his successor is confirmed. Milan himself declined to comment.

ChainThink report, on February 4, the Saigon testnet of the Ronin chain will migrate to the Ethereum mainnet this Thursday, marking Ronin's return to Ethereum and upgrade to Layer 2. The hard fork is scheduled at block height 45528550 (23:58:55 UTC on February 5, 2026), at which point the testnet chain ID will be updated to 202601. After the mainnet migration to Ethereum, the mainnet chain ID will remain unchanged.

ChainThink message, February 4, according to MLM monitoring, wallet addresses associated with Trend Research and the "BTC OG Insider Whales" have deposited a total of 310,000 ETH (approximately $651 million) into Binance over the past three days to repay loans.

ChainThink report, on February 4, according to market data, Bitcoin rapidly rebounded by 3.23% within the past 20 minutes, briefly recovering above $75,000; concurrently, Ethereum surged 4.14%, temporarily reaching $2,200.

As of press time, Bitcoin is trading at $74,560, while Ethereum is at $2,172.

ChainThink report, February 4, according to market data, Bitcoin rebounded above $75,000, with its 24-hour decline narrowing to 4.32%.

ChainThink News, February 4, according to Coinglass data, the total liquidation value across the entire network in the past hour reached $269 million, with long positions accounting for $247 million and short positions amounting to $22.54 million.

Over the past 24 hours, a total of 159,826 traders were liquidated globally, with cumulative liquidation value reaching $657 million. The largest single liquidation occurred on Binance - ETHUSDT, valued at $6.0869 million.

ChainThink report, on February 4, according to market data, Ethereum briefly dropped to $2,110, then slightly rebounded to $2,180, with the 24-hour decline narrowing to 7.28%.

ChainThink News, February 4, according to market data, Bitcoin briefly dipped below $73,000 before rebounding slightly to $74,700, with its 24-hour decline narrowing to 4.92%.

ChainThink report, on February 4, data shows Ethereum has broken below $2,200, currently quoted at $2,197, with a 24-hour decline of 6.72%.

ChainThink message, February 4, according to market data, Bitcoin briefly broke below $75,000, currently quoted at $75,372, with a 24-hour decline of 4.76%.

ChainThink message, February 4, according to CME "Fed Watch" data, the probability of a 25 basis point rate cut by the Federal Reserve in March is now at 9%, with the probability of maintaining interest rates unchanged at 91%.

ChainThink message, February 4, according to Onchain Lens monitoring, the "BTC OG insider whale" has just deposited 20,000 ETH into Binance, valued at approximately $44.96 million.

ChainThink message, February 4, according to Coinglass data, total liquidations across the network reached $285 million in the past 24 hours, with long positions liquidated for $177 million and short positions for $108 million.

ChainThink report: On February 4, according to Coinglass data, if Bitcoin breaks below $75,000, the cumulative long liquidation intensity across major CEXs will reach $498 million.

Conversely, if Bitcoin surges above $79,000, the cumulative short liquidation intensity across major CEXs will reach $637 million.

ChainThink Note: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of liquidated contracts. Instead, the bars represent the relative significance of each liquidation cluster compared to adjacent clusters—i.e., liquidation intensity.

Thus, the liquidation chart illustrates the degree of impact when the mark price reaches a certain level. Higher "liquidation bars" indicate a stronger market reaction due to liquidity waves upon price arrival at that level.