According to data monitored by The Data Nerd, Odaily Planet Daily reports that Abraxas Capital began closing out its short positions in HYPE this morning. As of now, the unrealized profit from all its short positions is approximately $9.07 million, but funding rate gains amount to approximately $39.73 million.

According to Onchain Lens, Trend Research transferred 20,000 ETH, worth $46.54 million, to Binance. To date, Trend Research has deposited a total of 93,588 ETH, worth $215 million, into Binance, which may be used for sales and loan repayments.

Odaily Planet Daily reports that Tron Inc. (NASDAQ: TRON) announced on February 2nd that it acquired 174,740 TRX at an average price of $0.29, further increasing its TRX Treasury holdings. The announcement shows that, as of now, Tron Inc. holds over 679.4 million TRX. The company stated that it will continue to expand its Tron DAT-related holdings to enhance long-term shareholder value.

According to email documents recently released by the U.S. Department of Justice, Jeffrey Epstein invested approximately $3 million in Coinbase in 2014 through his entity IGO Company LLC, participating in its Series C funding round, which valued the company at approximately $400 million at the time. The email correspondence shows that Coinbase co-founder Fred Ehrsam was aware of the investment and expressed a desire to meet with Epstein to discuss the arrangements. This investment opportunity was initially facilitated by Tether co-founder Brock Pierce and his venture capital firm Blockchain Capital. Blockchain Capital stated that Epstein did not invest through its fund but completed the transaction directly through a personal entity. The asset list disclosed by the Department of Justice also shows that Epstein had a $3.001 million asset record for "purchasing Coinbase" at the end of 2014. Related emails also show that Epstein sold half of his Coinbase shares to Blockchain Capital in 2018, cashing out approximately $15 million. Furthermore, the documents also show that Epstein invested in Blockstream in its early stages in the crypto market. The report states that, as of now, Coinbase, Fred Ehrsam, and Brock Pierce have not issued any further public statements regarding this matter. (Decrypt)

According to SoSoValue data, the Solana spot ETF saw a net inflow of $5.58 million yesterday (February 2nd, Eastern Time). The Bitwise SOL ETF (BSOL) saw the largest net inflow yesterday (February 2nd, Eastern Time), with a single-day net inflow of $3.44 million and a historical total net inflow of $682 million. The Fidelity SOL ETF (FSOL) followed, with a single-day net inflow of $2.14 million and a historical total net inflow of $155 million. As of press time, the Solana spot ETF has a total net asset value of $883 million, a net asset value ratio of 1.50%, and a historical cumulative net inflow of $877 million.