Since the start of February, Bitcoin miners have withdrawn more than 36,000 BTC from exchanges, with over 12,000 BTC leaving Binance and the rest spread across other platforms. Daily outflows reportedly surged to more than 6,000 BTC on one day, while long-term holders accumulated 380,104 BTC in 30 days, even as Bitcoin's price briefly approached $60,000 and dropped over 28% in a month.

Matrixport reported on February 17 that its Greed and Fear Index 21-day average for Bitcoin has dropped below zero, reaching one of its most pessimistic levels in recent years. The firm noted that such extreme fear has previously appeared near market bottoms, although further price declines remain possible. Bitcoin was trading around $68,000 with notable weekly and multi-month losses, while institutional products saw $380 million in outflows over the past seven days.

Bitcoin revisited price levels last seen in October 2024, with pseudonymous analyst CW8900 reporting continued whale accumulation despite the decline. CoinGecko shows BTC near $69,000 after a $68,000–$71,000 daily range, while ETH trades just under $2,000 amid sharper two‑week and monthly losses.

Former SafeMoon CEO Braden John Karony was sentenced to 8 years in prison in Brooklyn federal court after a jury conviction in May 2025 for his role in a multi-million dollar crypto fraud involving SafeMoon’s liquidity pools. He was ordered to forfeit about $7.5 million, with additional restitution to victims still to be set, while prosecutors say more than $9 million in cryptocurrency was misappropriated to fund luxury cars and real estate.

Coinbase posted a $667 million net loss for Q4 2025, reversing a $1.3 billion profit in the prior-year quarter. Revenue fell 21.6% year over year to $1.78 billion as transaction revenue declined 36% to $983 million, and adjusted EPS of $0.66 missed forecasts. Portfolio markdowns totaled $718 million alongside a $395 million loss on strategic investments.

On February 5, Bitcoin fell to about $60,000 after a roughly 50% slide from a near-$126,000 peak. The pullback is framed as modest versus past cycles, with macro pressures in focus; spot pricing sits under $67,000 with flat daily moves, an about 3% weekly gain, and sharper losses across two-week and monthly periods.

XRP is trading at $1.37, down nearly 15% over the past week and 33% in the last 30 days. Analyst Arthur, in an X thread early Wednesday, highlights a long-term monthly ascending channel with support at $0.85–$0.95, roughly 30% below current levels. Derivatives data from Arab Chain show open interest fell on Bybit, Binance and Kraken as speculative positioning cooled.

QCP reported that spot Bitcoin ETFs netted $145 million yesterday, while spot ETH funds took in $57 million after three days of outflows. Prices rebounded, with BTC briefly touching $71,000 and ETH $2,150 before easing to about $68,000 and $1,980, as traders monitored upcoming NFP and CPI prints.

On Wednesday, February 11, Bitcoin dropped back under $67,000 after rebounding from last week's fall to $60,000, while social media sentiment stayed heavily tilted toward fear. On-chain and market data point to elevated volatility, rising liquidations and comparisons with past bear-market structures, leaving traders divided over whether the latest correction has run its course.