Is 3.76 billion dollars flowing out of Binance in 24 hours? Don't be fooled!
Last night, many people were saying that they were crazily withdrawing billions of dollars from Binance, claiming that something bad was happening. It's all FUD, as Coinglass shows that there is a bug in the data on Binance's fund outflow, because the data comes from a third party, and DefiLlama has previously shown discrepancies.
Currently, Binance withdrawals are growing, and there has been a lot of recent FUD targeting Binance. As a leading exchange, it attracts attention; those who understand, understand. Trust Binance! Continue sharing
, one notable dynamic is the integration of Plasma with NEAR Intents.
This does not appear to be a simple technical connection, but more like a signal: stablecoin payments are moving from a 'single-chain world' to cross-chain collaboration and real fund circulation.
Borrowed 150000 from Alipay to buy the dip on DOGE, of course, I don't know if this is really the bottom.
I asked my partner, and they quickly stopped me, saying that if I buy the dip now, I'll just die halfway up the mountain. They told me to wait a bit longer, so I guess I will.
After all, this market and this 150000 is my last bit of confidence. It's really hard to earn money and keep it this year. If I had another chance, I would only dollar-cost average into BTC.
Alright, without further ado, I need to continue focusing on my Plasma. I’m going to focus on creating to earn some stable income. It's really true that people are making money while losing money at the same time. Today is the last day for the creation event @Plasma , and I hope that when the rewards are sent out in the second half of the month, the market will be better. I still have a relatively positive outlook on $XPL .
The narrative of stablecoin public chains is very beautiful, and the application of stablecoins is also a trend. It just depends on whether the market recognizes it.
Brother Ma Ji has blown up again, with losses exceeding $27.52 million!
Huang Licheng's ETH long position has again faced partial liquidation, with cumulative losses now exceeding $27.52 million. As the market continues to decline, Huang Licheng's ETH (25x leverage) long position has again faced partial liquidation. His cumulative loss has now exceeded $27.52 million.
As long as the bulls don't die, the bottom won't appear, right? When will the bulls be more resolute? Let's talk about @Plasma from liquidity bearing capacity, to liquidation mechanisms, to settlement efficiency and asset safety boundaries. It is in this context that the importance of payment and settlement layer infrastructure has begun to be re-emphasized, and Plasma's positioning is precisely to solve this layer of issues.
A 10-year-old boy bought an AI domain for 100 dollars.
33 years later, it was sold for 70 million dollars!
The founder of Crypto.com spent a huge amount of money to buy a domain that was originally applied for by a little boy using just the initials of his name.
I have to say that earning this money feels really good, and I hope everyone can encounter such good luck.
Let's talk about the public chain @Plasma . In the context of increasing competition in Layer 1, Plasma has chosen a very narrow but deep path: it only serves stablecoins.
When the Plasma mainnet went live, it integrated multiple DeFi protocols and emphasized EVM compatibility, indicating that it does not want to rebuild the ecosystem but rather to meet existing demand.
Rather than being an all-purpose chain, Plasma is more like a clearing network specifically designed for USDT. This positioning may not be flashy, but from the perspective of financial infrastructure, it actually makes more sense.
The Bitcoin spot ETF is finally in an inflow state; is the market about to reverse?
Yesterday, the total net inflow was $145 million, with Grayscale BTC net inflow leading at $131 million. Finally, it is no longer a daily net outflow. These days, the cryptocurrency market feels lifeless, and everyone is very pessimistic. Today, the creator activity rewards were issued, how much did everyone receive? The Plasma Beta mainnet is launched, XPL tokens are generated, and a large amount of stablecoin liquidity has entered the network. These are not small-scale experiments; for the first time in the industry, a chain is truly building its overall architecture around stablecoin flow and cross-border settlement.
Its positioning is different from general-purpose chains like Ethereum and Solana. It does not focus on executing the most complex contracts or providing the most extensive ecosystem, but rather on the issue of how to make money flow quickly, cheaply, and securely.
Although the market is poor, Injective's on-chain activity has reached a historical milestone of 2.8 billion transactions, with daily active users stabilizing at 81,000.
As an established public chain focused on finance, the Injective team has been making progress.
Technically, the MultiVM architecture has been upgraded again: Injective, as the first native L1 supporting both WASM and EVM, has recently further optimized the multi-virtual machine environment, allowing developers to easily deploy advanced applications on a single chain.
Ecologically, significant progress has been made with three major partners: DigiShares: Connecting to the Injective network, tokenizing real-world assets like real estate and Pre-IPO equity through the ERC-7943 standard.
Nansen: The native staking feature with $INJ has attracted over 700,000 INJ staked (worth approximately $2.2 million), which is quite attractive to institutional funds.
Valereum: The collaboration provides a secondary trading platform for publicly listed companies, enhancing the end-to-end experience for RWA.
Unlike other public chains, Injective focuses on DeFi and RWA, and is one of the most active public chains in development over the past year, ranking first among financial public chains.
Currently, Injective's official token INJ has corrected about 80% from its recent yearly high, so it's worth paying more attention; if the market reverses later, it could be a potential stock.
In this round of decline, how much have the whales lost?
Strategy and BitMNR currently have a combined unrealized loss of $12.671 billion!
Bitcoin treasury company Strategy (MSTR) currently holds a total of 714,644 BTC ($54.353 billion), with an average cost of $76,056, resulting in an unrealized loss of $4.971 billion.
Ethereum treasury company BitMNR (BMNR) currently holds a total of 4,325,738 ETH ($8.824 billion), with an average cost of $3,820, resulting in an unrealized loss of $7.7 billion.
However, these two major institutions are still continuously buying, so they firmly believe that a bull market will come!
Take a look at the global perspective of @Plasma : the connection from the technical level to payment scenarios.
In the competition for stablecoin infrastructure in 2025, Plasma has been frequently mentioned, partly because its vision is not limited to the on-chain ecosystem but points to the flow of value in the real world.
By supporting custom gas token payments, maintaining EVM compatibility, and potentially introducing privacy payments in the future, Plasma is not just "reducing fees for stablecoin transfers."
Plasma was designed with more specific use cases in mind, such as cross-border remittances, micropayments, and merchant settlements.
Binance Wallet's new launch is coming! Are you ready for BNB tomorrow?
Binance Wallet's sixth Prime Sale Pre-TGE is launching Espresso (ESP). The subscription time is from 8 PM to 10 PM on February 10, 2026 (UTC+8); eligible users must use Binance Alpha points to participate. I previously bought 9 of the futures for 1100, and now I really need to hedge properly. Let's talk about stablecoins again. If you take a broader view of the crypto market in 2026, you will notice a rather counterintuitive phenomenon: The fastest-growing aspect is not new narratives or new concepts, but the frequency of stablecoin usage. Stablecoins are no longer just 'transaction hubs'; they are becoming real payment and settlement tools in more and more regions. And @Plasma is a chain that was born around this change.
Michael Saylor has once again released information about the Bitcoin Tracker, and next week may disclose the data on increased holdings.
Based on previous experiences, Strategy may also disclose the data on increased holdings next week.
Insisting on buying in this market has injected positive sentiment into the market. I believe it will rebound soon, just hold on.
Next, @Plasma , from the market perspective, XPL: the dual role of infrastructure and token. The Plasma mainnet launched alongside the XPL token, attracting substantial liquidity and trading pairs from the very beginning.
This is not only because Plasma is backed by important ecological partners and has practical value from the perspective of daily payments and institutional settlements, but also because it attempts to occupy the infrastructure layer in the stablecoin economy.
XPL plays a role in network security, validator incentives, and future governance, rather than just being a speculative tool.
The design of Plasma, which integrates the logic of 'token and chain service,' is more worthy of long-term observation than those projects that rely solely on hype.
The most tragic whale has appeared, cutting losses of 688 million USD in 8 consecutive days!
Trend Research under Yi Lihua sold 658168.58 ETH in 8 days, worth 1.354 billion USD, even the last 0.148 ETH was pumped into exchanges.
The cost price was about 3,104.36 USD, the selling price was 2058.05 USD, resulting in a total loss of 688 million USD this round.
The profit of 315 million USD from the previous round has all been given back, resulting in a loss of 373 million USD.
Today, Bitcoin and Ethereum have stabilized on the daily chart, and a multi-level resonance rebound is about to occur.
This wave of the market has been awaited by everyone for a long time.
Pay attention to @Plasma ($XPL ). It is not adding to the blockchain. Instead, it is doing something harder but more valuable: subtraction. Removing complexity, removing friction.
Next week several super important data will be released! The trading hell week is coming!
Non-farm CPI will ignite the showdown between gold and the dollar, is everyone ready?
February 10: US December retail sales month-on-month
February 11: US January unemployment rate, non-farm employment population
February 13: US January end seasonally adjusted CPI year-on-year
The market is currently reassessing the timing of potential interest rate cuts, with expectations for a rate cut in June heating up.
Recently observed @Plasma XPL has also dropped quite sharply.
Plasma's native token XPL has attracted market attention after its listing, with multiple exchanges arranging cross-market trading pairs and liquidity activities.
This reflects that the discussion on whether stablecoin chains can convert into real use value is far more important than the price itself.
Plasma's price fluctuations often mix speculative sentiment, but what is more worth paying attention to is the role of XPL in ecological incentives, fee mechanisms, and multi-chain integration. When it truly becomes the fuel for payment and settlement, the price performance may be positively correlated with on-chain activity.
This is just a rebound, not a reversal, with whales selling a large amount of Bitcoin!
Whale Garrett Jin deposited 5000 BTC into Binance in the past 2 hours, worth 351 million dollars. This giant whale is the 1011 whale that exploded with a liquidation of 230 million dollars. I just saw he has withdrawn 55 million USDC from Binance, suspected to have completed the sale.
Whales are all cutting losses. Has everyone cut losses? It's too difficult to recover. Let's talk again about @Plasma . The plunge is not a judgment: Looking at the data and progress, is XPL being used genuinely? XPLUSDT perpetual plunged last night, and the group immediately exploded with excitement: Some are calling for liquidation, while others say, 'This time it's over.' But the easiest mistake to make in the market is:
Where is the bottom of this bear market? Let's see what the traders who successfully predicted the 2018 Bitcoin crash have to say.
To conclude, referring to past bear market cycles, the bottom for Bitcoin may be around $42,000. This is what the famous trader and chart analyst Peter Brandt, who successfully predicted the 2018 Bitcoin crash, said today. Where does everyone think the bottom is? Recently, many people are focusing on the floating losses of Tom Lee and Saylor. But what concerns me more is not how much they have lost, but rather: why are they willing to take floating losses at this position? The answer is actually quite clear: they are betting not on short-term prices, but on a certain direction: Cryptocurrency assets are transitioning from 'speculative products' to 'global settlement infrastructure.'
Must-do big deal! Single number 60 $OPN tokens, Binance wallet Booster's latest Opinion activity, step-by-step tutorial is here!
This event has a chance to receive 60 $OPN tokens, based on pre-market prices, the rewards are above 60 U! The total supply of Opinion is confirmed to be 1 billion tokens. Market predictions for its FDV are concentrated in the range of 800 million to 1.2 billion dollars, corresponding to a token price of $0.80 to $1.2. Additionally, Opinion is a leader in the prediction market sector, with trading volume once exceeding Polymarket, which has a valuation of over 10 billion dollars, so the potential rewards for this activity are quite promising. The threshold for this event is 61 points, with a deduction of 5 points for participation. If the quota is not drawn, the 5 points will be refunded within 48 hours after the event ends.
This time the sharp drop resulted in a loss of over 50% of assets, and the losses for the whales are also quite exaggerated.
Saylor has an unrealized loss of over 10.1 billion USD, and Tom Lee has an unrealized loss of over 8.65 billion USD.
According to on-chain monitoring, as the market declines, both Saylor and Tom Lee, the two major whales, have unrealized losses of several billion dollars.
In terms of Bitcoin, as the price of Bitcoin dropped below 61,000 USD, Saylor's loss exceeded 10.16 billion USD. In terms of Ethereum, as the price of Ethereum dropped below 1,800 USD, Tom Lee's loss exceeded 8.65 billion USD.
Almost everyone is losing money, let alone making a profit.
Now we just have to see if the activity of @Plasma Plasma can recover a little bit, with the launch of the pBTC bridge, BTC has officially become a 'first-class citizen' in Plasma.
It's not a wrapped token with centralized risk; instead, it's a 1:1 non-custodial mapping. You can use BTC as collateral to borrow stablecoins on Aave, or even pay for tolls directly with it. This means that over 900 billion USD of Bitcoin liquidity has been introduced into Plasma's payment engine.
Now Plasma has combined Bitcoin and stablecoins, and the innovation is commendable.
Hopefully, this time 60,000 is the golden bottom, and the market can reverse.
Where is the bottom of this bear market? Let's see what the big shots have to say.
Key conclusion: In extreme scenarios, Bitcoin could retrace to $25,000 Cryptocurrency analyst PlanB stated on the X platform that in his view, there may be four potential bearish scenarios for this Bitcoin bear market: 1) Retracing about 80% from the previous historical high of approximately $126,000, the price corresponds to about $25,000; 2) Falling back to the 200-week moving average or the realized price range, corresponding to approximately $50,000 to $60,000; 3) Falling back to slightly above the historical high level of the last cycle, corresponding to around $70,000; 4) The market may have completed a phase bottom near approximately $72,900 yesterday.
The fear and greed index has dropped to 11, very close to the historical low.
In the past 24 hours, the total liquidation on the network was $570 million, primarily liquidating long positions.
Market trends often reverse in despair; it feels like the bottom is very near.
What needs to be done now is to be patient and not act impulsively.
Some spot investments can be made now; if choosing XPL, be cautious.
@Plasma is 170 days away from the "big unlock" on July 28. So, is it a selling day or has the bad news been exhausted?
The psychological warfare has reached a boiling point. The staking and burning mechanisms launched by the project in Q1 are essentially racing against the unlocking speed.
Currently, a real yield of 3% to 5% aims to lock assets on the chain, preventing them from flooding into exchanges in July.
If Plasma One's payment business can double in the next six months, the selling pressure from unlocking might be offset by ecological income. Conversely, if Plasma's business stagnates, there might indeed be a "great flood" at the end of July.
At this position, it is suitable to stake spare money for interest, but absolutely not suitable for gambling everything on a single bet.
Let's continue to observe Plasma's long-term payment implementation data. Which bottoms are the brothers preparing to buy? Share a bit.
Tonight, Binance Alpha will launch WARD, has everyone participated?
I grinded for 7 months before and accumulated over 20 million points, not sure how many tokens I can allocate. Tonight, the number of Alpha is 200, with a general estimate of value between 30-40U. Let me talk about why XPL has dropped like this; on the contrary, I started to take Plasma seriously. Let me say something that might not be in line with the group: It is precisely because XPL has dropped to historical lows that @Plasma Plasma has finally become 'real'. Many people go through life having 'heard of blockchain', But those who have really used it once and are willing to use it a second time are pitifully few. It's not because the technology isn't advanced enough, but because most chains are designed for people who understand chains.