Ethereum

Bitmine Immersion Technologies, a public crypto treasury firm linked to Tom Lee, is carrying more than $6 billion in unrealized losses on its Ether holdings after the market pullback. The company added 40,302 ETH last week, taking its stash above 4.24 million; Dropstab values the position near $9.6 billion versus an October peak of $13.9 billion.

The SEC said it will operate with minimal staff beginning January 31, 2026 due to a U.S. government shutdown. Its contingency plan pauses tokenized securities registration and crypto product exemptions, slowing reviews across key divisions. Markets expect short-term disruption, while Ethereum trades at $2,439.50 after recent declines.

On 1 February 2026 at 06:00, the article reported Toncoin fading near $1.30 with resistance around $1.70, while Ethereum's average fees dropped to about $0.01 after early-2026 improvements and a 2.6 million-transaction day on January 17. It also outlined ZKP's $1.7B target and a 450-day auction model, with 200 million tokens offered per day in the current stage.

On February 1, 2026, Arkham Intelligence said the trader known as the Hyperunit whale emptied its ETH treasury into Hyperliquid, with estimated losses near $250 million. The account had earlier made roughly $200 million by shorting Bitcoin and Ether ahead of Donald Trump’s 100% tariff announcement in October. CoinMarketCap showed ETH at $2,418.31, down 10.31% over 24 hours.

On Jan. 30, Lido Finance said ETH staking set an all-time high, with 36.6 million ETH staked, equal to 30.13% of supply. On Jan. 29, Lookonchain reported Tom Lee's Bitmine added 250,912 ETH, bringing its staked total to 2,582,963 ETH, while ETH traded at $2,633, down 3.86% in 24 hours and 11% weekly.

The trader known as the "Hyperunit whale" has closed their entire leveraged ether position on Hyperliquid, booking about $250 million in losses and leaving only $53 in the account. The reversal follows an October 2025 haul of roughly $200 million from shorting bitcoin and ether ahead of a tariff announcement, with identity links previously disputed.

On 31 January 2026 at 21:09, Bitcoin slid to about $77,900, a 7.36% daily decline that coincided with forced unwinds across major tokens. The total crypto market value fell to roughly $2.62 trillion, down 7.48% and erasing over $200 billion, while liquidations topped $2.53 billion, mostly from long positions as Ethereum and Solana underperformed.

BitMine Immersion Technologies, a publicly listed crypto treasury linked to Tom Lee, faces over $6 billion in unrealized losses on its Ether holdings. According to Dropstab, after adding 40,302 ETH last week to push its total above 4.24 million, the stash is worth roughly $9.6 billion, down from about $13.9 billion in October.

A single wallet lost 4,556 ETH, worth about $12.25 million, in an address poisoning incident. Attackers crafted lookalike vanity addresses that appeared in the user’s transaction history, leading to a misdirected transfer. The case adds to a recent spate of large crypto thefts, including an almost $50 million loss in December 2025.

A broad selloff on Saturday drove Ethereum below $2,400 for the first time since July 2, marking a seven‑month low and leaving it down more than 10% on the day and 18% for the week. Over $550 million in ETH longs were liquidated in the past 24 hours, exceeding BTC wipeouts of $475 million.