According to OnchainLens, a blockchain analyst, on February 5th, the "1011 Insider Whale" withdrew 80,000 Ethereum (ETH) from the Binance exchange, with a total value of approximately $167.79 million.

According to Huoxun Finance on February 5th, data from Ember shows that a whale that lost $230 million on Hyperliquid due to a long position liquidation on February 1st has recently made new moves. On February 1st, when the ETH price was $2427, this whale transferred 100,000 ETH (approximately $242 million) to Binance. Then, just half an hour ago today, it withdrew another 80,000 ETH (approximately $167 million) from Binance back onto the blockchain. Currently, the ETH price has dropped to $2117.

According to Odaily Planet Daily, Ethereum founder Vitalik Buterin stated that "currently, many newly created EVM chains simply replicate existing architectures or connect to Ethereum via optimistic bridges with a one-week delay. This approach is similar to repeatedly copying Compound in governance, which, while 'comfortable,' exhausts innovation in the long run, leading the ecosystem into a dead end. If new chains are not connected to Ethereum's optimistic bridges (i.e., purely replacing L1), the situation is even worse. What the ecosystem truly needs are projects that bring new features, such as privacy protection, application-specific efficiency, or ultra-low latency. The form of 'Ethereum connection' must match the actual functionality. For example, prediction market applications can issue and settle markets and manage user accounts on L1, but transaction execution occurs in a Rollup or L2 system, verifying signatures and market states through L1. An architecture deeply connected to L1 should be prioritized, rather than a formal bridge for approval. Another type of 'application chain' can verify algorithm execution on government, social media, or gaming platforms through STARK." Chains that guarantee updates are authorized and executed according to pre-committed rules, while not entirely Ethereum, offer algorithmic transparency and minimized trust, facilitating economic activities that would otherwise be impossible. New projects should achieve two things: first, genuinely bring innovation, not just copy existing EVM chains; second, their public image should match their actual functionality, and the project's claimed connectivity with Ethereum should accurately reflect its technological and ecosystem dependence, ensuring ecosystem interoperability and long-term value.

According to Odaily Planet Daily, Andrei Grachev, founder of DWF Labs, stated, "I believe the crypto market is nearing its bottom, and Bitcoin's price may still have about 15% upside potential." The volatility doesn't mean it will only rise afterward, but it will drive more money into the market. While professional investors are still deploying funds, especially in RWA (Real Assets) and projects with "large-scale and bold visions," there's been almost no direct market buying. In my opinion, it's much easier to make a new project popular and attract attention than to revive and promote an old one. This is why I believe most altcoins will rise after this bear market, except for those projects with real business and commercial expansion—they will naturally be driven up by the future growth of the overall market. Retail-driven volume, or foolproof trading, is currently mainly flowing to PumpFun, with some going to Polymarket, but the world won't change because of it. When the market starts to recover and prices start to rise, these people will follow suit, buying what whales are buying now, as well as the new tokens I mentioned earlier. Behind-the-scenes M&A activity is very active, with many projects and companies being acquired, some of which are planning to go public. Because long-term growth in the crypto industry isn't the problem, it's just a matter of time; the problem is survival.

Odaily Planet Daily reports that Bitget PoolX will soon list the project WARD, unlocking 1,700,000 WARD upon locking up ETH, with an individual lock-up limit of 50 ETH. The lock-up period is from 18:00 on February 5th to 18:00 on February 12th (UTC+8). Users with a positive net ETH deposit during the event will receive an 8% ETH interest rate boost coupon after PoolX ends. Additionally, first-time PoolX participants who meet the net deposit requirements will receive a 15% ETH interest rate boost coupon. The net deposit period ends at 18:00 on February 11th (UTC+8). For more details, please visit the Bitget official platform.