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Long-term Ethereum whales are aggressively accumulating ETH amid price volatility, withdrawing over $60M from exchanges; on-chain data shows growing concentration among top-tier holders and an MVRV ratio near 0.96 — above historical capitulation levels — suggesting the market hasn’t yet hit bottom. ETH is up 6% to $2,037 but faces strong resistance above $2,200.
A major institutional Ethereum holder has deposited 772,865 ETH to Binance — nearly its entire holdings — signaling a dramatic shift in sentiment and drawing significant market attention.
Former Binance CEO Changpeng Zhao suggests Bitcoin may be poised for a major resurgence amid rising safe-haven demand for gold and silver.
XRP rebounds 12% as crypto markets stage broad recovery
Solana dropped below $80 into the critical 0.786 Fibonacci zone near $69–$70, with Binance data showing dense liquidation clusters at $75 (downside) and $85–$90 (upside). Weak momentum, oversold RSI, and failure to hold the 100-week SMA signal structural breakdown; analysts view the $69–$75 zone as a long-term accumulation area amid >70% drawdown from the $295 peak.
On February 4, 2026, XRP dropped 14% to $1.15 amid broad crypto market losses. Black Swan Capitalist’s Versan Aljarrah called it a 'healthy correction'—flushing leverage, eliminating weak hands, and enabling institutional accumulation at better levels. He expects stabilization and a subsequent sharp rally, framing the dip as a strategic, temporary reset—not a sign of prolonged weakness.
A dormant Bitcoin 'OG' address deposited 5,000 BTC (~$351M) to Binance in just two hours — one of the largest single-entity exchange inflows this quarter. Analysts weigh implications for price stability, volatility, and market sentiment, noting that while such moves often precede selling, alternatives like hedging or OTC settlement are equally plausible. Historical correlations and on-chain behavior suggest cautious interpretation is warranted.
Bitcoin rebounded 13% to ~$68,000 after a sharp $62,700 low—the worst daily drop since 2022’s FTX crisis—triggering $2.5B in liquidations and $1.4T market cap loss. Short covering, not new demand, fueled the rally amid negative funding rates and RSI at 27. Analysts project $74K near-term, $100K+ by year-end, and $120K–$170K by late 2026.
Bitcoin whale inflows to Binance surged to their highest since 2022, with large holders accounting for ~48.5% of deposits — signaling possible repositioning or risk management, not necessarily imminent selling. Price breakdown below $70K and key moving averages reflects growing structural weakness, raising questions about whether $60K–$65K will hold as critical support.