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According to CoinWorld, the sharp drop in bitcoin prices has led to one of the largest gaps ever seen in Chicago Mercantile Exchange (CME) futures contracts, exceeding 8%. The price fell more than 10% from weekend highs to around $75,947. Influenced by macroeconomic and geopolitical concerns, this plunge triggered over $2.56 billion in liquidations on Sunday alone. Analysts point out that the market is currently undergoing a "healthy deleveraging" phase, with open interest dropping to a nine-month low, while technical indicators such as the weekly Relative Strength Index (RSI) at 32.22 also suggest the market is nearing saturation. Although the CME gap between $77,000 and $84,000 may be attractive, traders remain defensive, with option market skew indicating strong demand for downside protection.

BlockBeats News, on February 2, according to monitoring by HyperInsight, the whale with address starting with 0xd9e has been continuously holding BTC long positions since last August, with an average entry price of around $114,000. The position has never been closed during this period, and amid the recent sharp market correction, the position is now close to the liquidation threshold. Currently, this address holds a 4x leveraged BTC long position of approximately $4.54 million, with an unrealized loss of up to $2.35 million (about -207%), and a liquidation price of around $74,500. Due to ongoing losses, the available funds in the account have dropped below $100,000, leaving only about 1.3% downside before triggering liquidation.

Glonghui, February 2｜Reuters, citing sources familiar with the matter, reported that SpaceX, Elon Musk's space exploration company, achieved an EBITDA profit of approximately $8 billion last year, with revenue between $15 billion and $16 billion, and is expected to go public this year. According to insiders, some banks estimate that based on this, its financing scale may exceed $50 billion, and its valuation could surpass $1.5 trillion. SpaceX plans to launch the world's largest IPO around June 28, just before Musk's 55th birthday. Reportedly, Musk's satellite internet system Starlink is the main source of revenue, accounting for 50% to 80% of total income. Musk expects Starship to begin carrying payloads into space this year. Musk ultimately plans to use Starship to launch space-based AI data centers, a risky and emerging business still in its infancy, which is related to the proposed merger deal with xAI.