A newly created wallet address associated with HashKey Capital portfolio manager jacobzhao.eth withdrew 63,678 ETH worth about $14.73 million from Binance on February 3, OnchainLens data show. The funds were moved to address 0xD50Cb3E9b89d0aFcA0c69D8329ca26fc6e892d80.

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.

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.

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.

Binance Margin will remove multiple margin trading pairs at 14:00 on February 6, BlockBeats reports. Cross margin pairs to be delisted include KNC/BTC, COTI/BTC, BAT/BTC, DUSK/BTC, RLC/BTC, GRT/ETH, GLM/BTC and KAVA/BTC. Isolated margin pairs affected are KNC/BTC, COTI/BTC, BAT/BTC, DUSK/BTC, JST/BTC, RLC/BTC, GRT/ETH, GLM/BTC, KAVA/BTC and CTK/BTC.

U.S. spot bitcoin exchange-traded funds (ETFs) recorded combined net inflows of about $562 million on February 2, led by Fidelity’s Wise Origin Bitcoin Fund (FBTC) with approximately $153 million, according to data from SoSoValue cited by Wu Blockchain. On the same day, Ethereum ETFs saw net outflows of about $2.86 million, Solana ETFs recorded net inflows of roughly $5.58 million, and XRP ETFs posted net outflows of around $0.4 million, the data showed.

A large investor spent 2.98 million USDC to purchase 647.15 XAUT at $4,601 per token over a 2-hour period on Feb. 3, Onchain Lens data show. The on-chain data cited by BlockBeats shows the concentrated XAUT accumulation occurred within this short time window.

Trend Research deposited 20,000 ETH to Binance on Feb. 3, valued at $46.54 million, Onchain Lens data show. The transfer brings cumulative deposits to 93,588 ETH, worth $215.14 million.