24H Flash Updates

ChainThink News, February 4, according to HyperInsight monitoring, the "Strategy Opponent Pool" whale is increasing long positions across multiple assets, with current positions as follows:

ETH long position valued at $52 million, entry price $2,270;

SOL long position valued at $15.52 million, entry price $99.28;

XRP long position valued at $11.65 million, entry price $1.59;

BTC long position valued at $4.41 million, entry price $76,345.

ChainThink report, on February 4, Hong Kong police recently launched a citywide law enforcement operation codenamed "Mou Gong," arresting 682 individuals over the past three weeks targeting fraud, cybercrimes, and money laundering, involving approximately 580 cases of fraud and tech-related crimes with total involved amounts reaching HK$620 million.

Within the operation codenamed "Zhanwang" focused on cybersecurity and technology crimes, authorities successfully dismantled a criminal syndicate specializing in cryptocurrency-enabled money laundering. The gang was hired by online fraud networks to launder proceeds amounting to approximately HK$44 million, utilizing over 200 bank dummy accounts for fund transfers, and establishing fake identities on overseas cryptocurrency platforms to convert illicit funds into digital assets before cashing out through over-the-counter (OTC) trading platforms.

ChainThink report, on February 4, according to market data, Bitcoin reached a peak of approximately $76,400 on the day of Donald Trump's victory in the U.S. presidential election (November 6, 2024). Bitcoin dipped to $72,945 this morning and is now trading at $76,648, having erased all gains since Trump's election.

ChainThink News, February 4, according to HyperInsight monitoring, "Big Brother Maaji" Huang Licheng has been further liquidated, with only $71.6K in assets remaining in his account. He currently holds long positions worth $530K in HYPE and $180K in ETH, with entry prices at $34.77 for HYPE and $2,345 for Ethereum, liquidation price at $1,889.

ChainThink news, February 4, a16z General Partner Guy Wuollet stated that a16z will lead the $2.5M seed round investment in prediction market platform Kairos, which will deliver the fastest prediction market trading services for professional traders.

ChainThink report, on February 4, ahead of the Super Bowl, prediction market platforms Kalshi and Polymarket intensified user acquisition competition, clashing in New York with "free food" promotional campaigns. Kalshi launched an event at WestSide Market in Lower Manhattan on February 3, offering customers free grocery vouchers worth $50, drawing long lines; many participants remarked that this equated to several hours' wages, making it highly attractive. Tarek Mansour, co-founder of Kalshi, stated the initiative aims to give back to the community and expand its user base.

Polymarket, meanwhile, announced the opening of "The Polymarket, New York’s first free grocery store," set to launch on February 12, where all items will be provided free of charge, with no purchase required, open to all New Yorkers, and additionally donating $1 million to local food banks.

ChainThink report, February 4: Aave founder Stani.eth announced the gradual shutdown of Family iOS wallet, though it will continue to serve as infrastructure support for the Aave App. Aave Labs will no longer utilize the Avara umbrella brand, which previously encompassed both Family and Lens brands, with Lens now managed by Mask.

Aave plans to concentrate resources on enhancing the Aave brand's visibility, refocusing on core DeFi operations.

ChainThink news, on February 4, Smarter Web Company, the UK's largest Bitcoin treasury firm, successfully listed on the main market of the London Stock Exchange on February 3, with stock code SWC, opening at 43 pence, valuing the company at approximately £118 million.

Currently, Smarter Web Company has acquired 2,674 BTC, with an average purchase price of approximately $111,000.

ChainThink News, February 4: According to Bloomberg, NVIDIA is on the verge of finalizing a deal to invest $20 billion in OpenAI, with the investment plan nearing completion. The transaction has not yet been formally concluded, and terms remain subject to potential changes.

ChainThink report: On February 4, X Platform officially announced the winners of the long-form content competition, with the $1 million grand prize awarded to Beaverd (@beaverd), whose winning article titled "Deloitte, a $74 Billion Cancer, Has Spread Across America" examines the role of large government consulting firms within federal and state IT ecosystems. The piece garnered 44.71 million views, 29,000 likes, and 7,700 shares.

The Kobeissi Letter secured second place with a $500,000 award for its economic analysis, delivering real-time insights into global tariff shifts and geopolitical trade dynamics, empowering millions to understand the underlying drivers of market volatility.

The Creator’s Choice Award of $250,000 went to DAN KOE (@thedankoe), recognized for profound reflections on personal development that help individuals cultivate deep focus, clarify priorities, and build sustainable competitive advantages.

Honorable mentions were awarded to Nick Shirley, Josh Wolfe, Kaizen Asiedu, and Ryan Hall, each receiving $100,000.

X Platform distributed over $2.5 million to top long-form content creators, marking a strategic pivot toward incentivizing high-quality, in-depth content over fragmented short-form posts. Elon Musk personally amplified the initiative, retweeting to promote: "$1M prize for the top article" (a $1 million prize for the best long-form article on X).

ChainThink News, February 4: According to EmberCN statistics, from February 1 to present, Trend Research, under Yili Hua’s portfolio, has cumulatively liquidated 153,500 ETH at an average stop-loss price of $2,294, amounting to $352 million in value, and repaid 266 million USDT to reduce leverage. Current liquidation price ranges for multiple ETH lending positions held by Trend Research are between $1,685 and $1,855, primarily concentrated around $1,800.

Trend Research currently holds 498,000 ETH worth $1.11 billion, with a cost basis average of $3,180. The portfolio has incurred a loss of $605 million, including $136 million in realized losses and $469 million in unrealized losses, while still maintaining $743 million in leveraged exposure.

ChainThink report, February 4: Patrick Witt, digital asset advisor to Trump, stated that the White House will not accept the Cryptocurrency Market Structure Act (the CLARITY Act) if it includes provisions targeting Trump. Witt described the initial ethical provisions in the bill as entirely unfounded and explicitly affirmed, "No provisions targeting the President personally or his family members will be permitted."

The CLARITY Act currently faces a stalemate due to multiple contentious issues. Democrats are demanding a ban on senior government officials profiting from the crypto industry. According to informed sources, the White House has instructed industry insiders to submit compromise proposals by the end of February. As midterm elections approach, the longer the legislative process drags on, the greater the difficulty in passing the bill through Congress.

ChainThink report, February 4: According to Cointelegraph, the Nevada Gaming Control Board has initiated a civil enforcement action against Coinbase, alleging that the exchange provided sports betting contracts without proper licensing. Nevada authorities have petitioned the court for a temporary restraining order and preliminary injunction to halt Coinbase’s operation of “derivatives exchanges and prediction markets” related to sports betting.

This legal action comes less than one week after Coinbase announced its partnership with Kalshi to launch prediction markets across all 50 U.S. states. Although Kalshi is regulated at the federal level by the Commodity Futures Trading Commission (CFTC), the platform continues to face legal challenges from state-level regulators.

ChainThink report: On February 4, BTC led the market decline. After HYPE reached its daily peak of $38 and encountered the weekly resistance level, ChainThink AI issued an over-sold signal. The first target price of $33 has been reached, with the token dipping as low as $32.5, marking a 15% drop.

ChainThink message, February 4, according to Onchain Lens monitoring, the "BTC OG Insider Whale" has again deposited 15,000 ETH into Binance, valued at $33.35 million, for loan repayment.

Within the past 7 hours, the "BTC OG Insider Whale" has sent a total of 35,000 ETH to Binance, valued at $78.31 million, and utilized $82.39 million for loan repayment.

ChainThink report, February 4, according to GMGN data, the market cap of CLAWSTR, a meme token in the Base ecosystem, surged to $13.7 million, currently valued at $12.8 million, up over 33x in 24 hours, with trading volume reaching $13.4 million.

CLAWSTR token was launched by Alex Gleason, developer in the Nostr and Bitcoin ecosystems, as a community-driven utility token for Clawstr.com. Clawstr is a decentralized social network built on the Nostr protocol, specifically designed for AI agents.

ChainThink reminds users that meme tokens often lack real-world use cases and exhibit high price volatility—investing carries significant risk.

ChainThink news, February 4, according to OnchainLens monitoring, Trend Research, affiliated with Yili Hua, has transferred another 15,000 ETH to Binance, valued at approximately $33.08 million.

Trend Research has now transferred a total of 153,588 ETH to Binance, valued at around $352.43 million, to reduce leverage exposure.

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.