BTC falls below the $90000 mark

On February 5th, according to Onchain Lens monitoring, a trader bought 108614413 SSEs on PumpFun for 9.35 SOLs ($1854). The trader has not sold any tokens and currently has a floating profit of 2.28 million US dollars.

The PRO large transaction indicator accurately captures the main trend! According to the latest data, after a major player on Coinbase sold $6.77 million at market price in the morning, BTC encountered resistance in the 45 minute cycle, with short-term pressure in the moving average range of $98525~$98715, and the MACD yellow white line still below the zero axis. The short-term trend is cautious, and it is recommended to break through key resistance before bullish. It is worth noting that in the past 48 hours, Coinbase's main players have made two moves, buying over $16 million in total and helping BTC rise by 8.65%. The large transaction index is the main indicator, which can track the real-time market transaction situation of large investors, with buying transactions being bullish and selling transactions being bearish. The data is for reference only and does not constitute investment advice!

BlockBeats News: On February 5th, Ondo Finance announced the launch of Ondo Global Markets (Ondo GM), aimed at providing global investors with on chain access to US public securities through blockchain technology. The platform will provide securities based tokenized assets that are paired 1:1 with underlying assets such as stocks, bonds, and ETFs, and have liquidity similar to stablecoins that can be freely transferred outside the United States.

Odaily Daily News: H C. Wainwright analyst stated that in the fourth quarter of 2024, as Bitcoin first broke through $100000, miners' earnings significantly increased. In that quarter, the spot Bitcoin ETF attracted $16.7 billion in capital inflows, almost four times the $4.3 billion in the third quarter, driving the average BTC price to $83432 that quarter, up 36.7% from the previous quarter. Analysts predict that these trends will drive strong revenue growth and improved profit margins in the upcoming financial reports of mining companies. The mining industry has significantly expanded, with the operating volume of listed mining companies increasing by 46 EH/s, bringing the headquarters' capacity to 235.8 EH/s. The average global network hash rate in the fourth quarter was 738 EH/s, an increase of 17.3% compared to the third quarter. As of the beginning of the first quarter of 2025, the hash rate continued to climb and reached 833 EH/s on February 2nd. The rise in BTC prices and increased mining activities have driven a 16.4% month on month increase in total BTC production to 11366 BTC, while transaction fees have surged 59.4% to 1553 BTC. This has driven a 41% increase in miners' total revenue to $3.7 billion. The total market value of listed mining companies increased by 21% to $28 billion, with mining companies related to artificial intelligence performing better than their peers. Looking ahead, the first quarter of 2025 will have a strong start, with an average BTC price close to $100000 and ETF inflows reaching $5.7 billion. However, analysts warn that the market may experience volatility due to ongoing trade tensions between the United States and Canada, Mexico, and China. Despite the short-term uncertainty, they believe that any weak point in BTC or mining companies is a buying opportunity. （crypto.news）

Odaily Planet Daily News: Lin Chen, the head of Deribit's Asia Pacific business, stated in an article on X that the largest ETH block option transaction today was: a user earned $448000 in premium and sold $2500 put options at the end of March, totaling 2750 ETH.