Bitcoin returned -10.17% in January, its fifth-worst January performance since 2013 and well below the historical January average of 2.81%, Coinglass data show on Feb. 1. Ethereum recorded a -17.52% January return, its third-weakest January since 2017 and significantly under the long-term average of 16.81%. Bitcoin's historical February average stands at 12.2% with only 3 negative instances, while Ethereum shows a 10.37% February average with 2 negative instances.

Crypto market liquidations totaled $2.5615 billion on Jan. 31, the highest single-day figure since the Oct. 11 crash, Coinglass data show. Long positions accounted for $2.4068 billion of the liquidations, while short positions totaled $154.7 million.

ARK Invest CEO Cathie Wood said on Feb. 1 that Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and HYPE may serve as diversification options for investors weighing portfolio allocations following a pullback in gold, BlockBeats reports. Wood said the relationship between Bitcoin and gold prices has remained persistently low since early 2020, citing a price correlation of 0.14 over that period as evidence the two assets have not closely tracked each other in recent years. She also said that in the past two Bitcoin bull cycles, gold led Bitcoin's rise, with gains in the metal preceding subsequent advances in the cryptocurrency. Wood emphasized her stance diverges from prevailing market consensus and presented the remarks as her personal view in response to investor questions.

US spot Bitcoin exchange-traded funds recorded more than $1.6 billion in net outflows in January, Farside Investors data show. FBTC saw approximately $841.7 million withdrawn, GBTC recorded around $449.5 million in net redemptions, and IBIT posted about $136.5 million of net outflows.

Glassnode updated Bitcoin's on-chain key price distribution on Feb. 1 as the price fell to $78,000, BlockBeats reports. Short-term holder cost basis stood at $95,400, active investors at $87,300, realized market mean at $80,500, spot price at $78,600, and network average cost basis at $55,900.

Trend Research deposited 10,000 ETH into Binance on Feb. 1, on-chain analyst Ai 姨 (@ai_9684xtpa) reports. Five minutes later on the same day, it withdrew 6,411 ETH ($15.41 million) from Binance.

Ethereum falling below $2,300 would trigger cumulative long-liquidation intensity of 737 million across mainstream centralized exchanges, while a move above $2,500 would expose 614 million in short-liquidation intensity, Coinglass data show. BlockBeats notes the liquidation chart reflects relative concentration—not exact contract counts or dollar values—with taller bars indicating stronger potential market reactions as liquidity cascades form at those thresholds. The visualization serves as a sensitivity map of impact around key price levels rather than a precise tally of positions at risk.

Two of Hyperliquid's largest Ethereum long addresses were liquidated with combined losses near $284 million, EmberCN said on Feb. 1. The address labeled "CZ counterparty whale" had a $181 million ETH long position cleared yesterday, losing $54 million. The "BTC OG insider whale" saw a $660 million position wiped early today with $230 million in losses.

Bitcoin fell below $76,000 on Feb. 1, down 40% from its 2025 high and marking the longest monthly slide since 2018, Bloomberg reported. Market participants cited vanishing bids, shrinking liquidity and weaker confidence, with spot ETFs recording net outflows. Kaiko expects a meaningful recovery may take 6–9 months.