Trend Research's Ethereum (ETH) positions are currently exposed to liquidation within a critical range of $1,685.63 to $1,855.16, as reported by AI 姨 monitoring data on February 3. This threshold applies without additional margin or size reduction. On February 3, the firm deposited 45,000 ETH, valued at approximately $105 million, to Binance, contributing to a total of 118,589.05 ETH ($289 million) transferred to the exchange since February 1. Trend Research's total ETH holdings have decreased by 17.9% from their peak. Key positions include 145,850 ETH collateralized against $216 million in stablecoin loans (liquidation price $1,791.06) and 114,899 ETH pledged for $172 million in stablecoins (liquidation level $1,807.05).

Aggregate spot trading volumes on major cryptocurrency exchanges plummeted from approximately $2 trillion in October to $1 trillion by the end of January, marking a 2024 low, according to reports from CryptoQuant and BlockBeats. CryptoQuant attributed much of this decline to weakening spot demand since October and a significant liquidation event on October 10. This downturn saw Bitcoin trading roughly 37.5% below its October peak, with Binance's monthly BTC spot volume falling from $200 billion to $104 billion. Analysts also noted sustained stablecoin outflows and a $10 billion reduction in overall stablecoin market capitalization, further constraining liquidity. Concerns over a potentially more hawkish Federal Reserve outlook, particularly if Kevin Warsh assumes the chair, are also weighing on risk assets like crypto, though some foresee a rebound if ETF inflows resume or economic data shifts.

An address linked to Arthur Hayes sent 327,869 PENDLE (worth approximately $502,000) and 3.6 million ENA (worth approximately $499,000) to FalconX on Feb. 3, lookonchain data show. Earlier the same day, the address deposited 2.31 million LDO (worth approximately $980,000) into FalconX.

The S&P 500 has averaged a 16% drawdown in the six months following a new Federal Reserve chair taking office since 1930, Barclays said on Feb. 3. U.S. stocks fell after Donald Trump nominated Kevin Warsh to replace Jerome Powell. If Warsh assumes the role in May, equities could face renewed pressure, the report said.

Asia-Pacific stocks closed sharply higher on Feb. 3 as global markets steadied and worries over artificial intelligence spending eased, BlockBeats reports. Korea's KOSPI index rose 6.84% to 5288.08, the largest one-day gain since March 24, 2020, with Samsung Electronics and SK Hynix the biggest contributors. Samsung shares surged as much as 10% intraday, marking its largest one-day gain since March 2020. Japan's Nikkei 225 closed up 3.92% at 54720.66 to a record high, while the Taiwan Weighted Index added 1.81% to 32195.36.

Vitalik swapped 211 ETH for 491,721 GHO on Feb. 3, Onchain Lens data show. The transaction brings his cumulative ETH sold to 704 ETH, valued at 165 万美元.

Former U.S. President Donald Trump described himself as a "big crypto person" and said he has helped cryptocurrency "more than anybody" because he believes in it, according to remarks reported by WatcherGuru from a recent public appearance. The comments were reported amid ongoing White House discussions with the cryptocurrency industry on proposed market-structure legislation.

A Federal Reserve under Kevin Warsh could increase U.S. Treasury volatility if policy communication is scaled back, Morgan Stanley said on Feb. 3. The bank noted fewer media interactions before FOMC meetings and possible removal of the dot plot/SEP, adding that Warsh favors a smaller balance sheet.

ING Deutschland opened retail access to crypto ETN/ETP investments on Feb. 3, BlockBeats reports. Direct Depot allows customers to buy Bitcoin, Ethereum and Solana via products from 21Shares, Bitwise and VanEck. ING said German ETNs may be exempt from capital gains tax after holdings exceed one year.