Trading

Crypto ETFs saw a $1.7 billion weekly net outflow, the biggest since mid-November, with cumulative three-month outflows at $2.6 billion. Bitcoin products led with about $1.1 billion redeemed, followed by Ethereum at $630 million and XRP at $18 million. On 29 January and the next day, outflows reached $817 million and $510 million, marking four straight redemption days.

On 31 January, Monero rose to $500.87, up 8.72% from the day's open, before broader selling in Bitcoin pushed XMR back toward $450 support. The analysis noted market sentiment was fearful with a Fear and Greed reading of 18, while BTC neared its $74k weekly swing low. Liquidity clusters sit at $400–$415 and $500, suggesting traders may wait for a sweep.

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.

Bitcoin fell under key price levels in a move driven by forced unwinds of leveraged long positions rather than retail capitulation. The drop turned former supports into targets, with altcoins reacting more sharply and market structure described as reset, setting up a pivotal test of whether support can hold or fail next.

Bitcoin fell back below the $85,200–$86,200 resistance zone, with MakroVision Research noting a decisive rejection and a return into the prior low’s range. Analyst MartyParty said a CME gap is opening that may be filled by Sunday evening, highlighting short-term volatility risks and scenarios around $81,800, $84,500, and lower liquidation levels near $79,350.

Metals reversed after a crowded run-up, with silver dropping 27% and gold down 8%, while Bitcoin slipped 0.54% but stayed above $80k. BTC dominance rose 0.70% and the Altcoin Season Index hovered near 40, signaling muted risk appetite as investors reassess whether capital cycles back to metals rather than altcoins.

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 January 31, 2026, gold and silver flipped from a powerful advance into a sharp retreat. The decline is framed as a positioning and liquidity event, where crowded trades and margin dynamics outweigh unchanged macro narratives. Without a shift in core fundamentals, the focus turns to whether selling pressure eases, volatility cools, and silver stops leading gold lower.

On January 31, forced liquidations across crypto derivatives exceeded $2 billion within 24 hours, as prices broke below key supports. Bitcoin saw about $700 million in wiped positions, while Ethereum lost roughly $300 million after falling under $2,500 and moving toward $2,400. Market capitalization fell more than 7% intraday before stabilizing.