losses

The founder of 360 Group, Zhou Hongyi, stated in an interview with the Global Times that the United States, under the banner of "protecting the rights of victims," has directly transformed the virtual currency assets involved in the case into strategic financial reserves under its control, completing a magnificent and legitimate transfer from the end of the criminal chain to national assets.This unilateral harvesting behavior by the U.S. not only undermines the law enforcement activities of other countries, leading to secondary losses for victims, but also disrupts the global flow of virtual currency assets, destabilizing the financial stability of emerging market countries. The ultimate goal is to consolidate the dominance of the U.S. dollar in the digital financial sector.

The founder of the Aave ecosystem contribution organization ACI, Marc Zeller, released a public report disclosing that Aave Labs has received approximately $86 million in capital support since 2017, including ICO, VC financing, and direct grants from the DAO. Meanwhile, the founding team retained 23% of the LEND tokens during the 2017 ICO (which were later migrated to AAVE at a ratio of 100:1).The report points out that Labs had a capital base of about $48.7 million before receiving DAO funding, and subsequently received approximately $37.4 million in grants from the DAO. They are currently applying for an additional $51 million through the "Aave Will Win" proposal.The report critically questions the past performance of Labs' products, stating that six independent products launched apart from the core protocol have either failed or not achieved profitability. Among them, the RWA project Horizon once claimed to have surpassed $1 billion in scale, but the actual RWA collateral scale is about $135 million, highly concentrated in a single asset. Since its launch in 2025, Horizon has generated approximately $216,000 in cumulative revenue for the DAO, while incentives and related costs amount to about $5.25 million, resulting in a return on investment ratio of about 24:1.The report also notes that early core developers of Aave V1, V2, and V3 left Labs between 2021 and 2022, with V3 being seen as the last major protocol version led by Labs. Subsequent versions have primarily been advanced by DAO service providers. In related governance votes, a single large delegated address played a key role in passing the Horizon proposal, sparking community discussions about the concentration of governance power and the efficiency of fund usage.This controversy comes at a time when a new proposal for a $17.5 million product growth grant is under review, further intensifying discussions within the Aave community regarding fund allocation, performance disclosure, and governance transparency.

The cryptocurrency research institution 10x Research published an analysis on the X platform, pointing out that Ethereum is at a critical stage of dual testing in terms of valuation and fundamentals. The market needs to determine whether its current slump is a cyclical bottom or if it is facing deeper structural damage.The Ethereum treasury company Bitmine is currently bearing a paper loss of about $8.8 billion, exceeding the loss scale of approximately $8 billion experienced by clients at the initial stage of the FTX collapse. The company's significant accumulation of ETH amid weakening demand and ETH prices approaching April 2021 levels has further intensified market controversy. This comparison highlights the potential for significant divergence in capital allocation outcomes and how timing and governance decisions determine the ultimate attribution of long-term value creation.Ethereum's current trading price is nearing a critical valuation and cost range, and its core value proposition is facing structural scrutiny. Investors need to carefully assess whether Ethereum is indeed in a cyclical trough or is entering a deeper stage of structural damage.

According to FinanceFeeds, Uniswap founder Hayden Adams has warned that search engine ads impersonating Uniswap continue to appear, resulting in users losing all their high-value crypto assets. Scammers purchase ads for keywords like "Uniswap" to place fake websites at the top of search results, with designs that closely resemble the official site. Once users connect their wallets and authorize transactions, their funds can be immediately transferred away.These types of attacks rely on user signature authorization rather than protocol-level vulnerabilities. An X platform user "Ika" reported losing crypto wallet assets worth hundreds of thousands of dollars after clicking on a fake link in the search results. Screenshots he disclosed show that the fake link was at the top of the search results, making it highly misleading. Similar incidents occurred in October 2024, where scammers replicated the Uniswap website interface and induced users to connect their wallets through subtle button changes.Data from security firm CertiK indicates that in January 2026, the crypto industry lost approximately $370.3 million due to exploits and scams, marking a nearly 11-month high and nearly four times the losses of January 2025. One single social engineering attack resulted in losses of about $284 million. A total of 40 related security incidents were recorded in January. Analysis points out that current crypto asset losses are increasingly stemming from phishing links, false ads, and social engineering attacks, rather than underlying smart contract vulnerabilities. As the DeFi ecosystem expands, brand impersonation and interface fraud are becoming significant risks affecting user trust.

Cryptocurrency analyst Michaël van de Poppe stated that the recent pullback in Bitcoin has led to a significant surge in realized losses, reaching an all-time high. This is one of the largest realized loss events in Bitcoin's history, comparable to the 2018 bear market crash, the March 2020 COVID-19 plunge, and the loss peaks during the 2022 Luna/FTX collapse.A large number of holders are capitulating, either selling at a loss or transferring their BTC while in a losing position. Such extreme loss realization typically indicates panic selling in the market and passive liquidations. Historically, similar large-scale surges in realized losses often occur at or near cyclical bottoms, as this represents the complete clearing out of "weak hands" and high-leverage positions.It is noteworthy that the Sharpe Ratio has dropped to its lowest level since the last bottom; the market is experiencing a massive capitulation event with extremely high realized losses; market sentiment has nearly reached a freezing point. The only difference this time is that Bitcoin is down about 50% from its historical high, rather than 80%. The bottom is near.

According to Onchain Lens monitoring, Huang Licheng closed his positions in BTC, HYPE, and VVV with a loss of $275,000, and the total loss continues to increase.Currently, Huang Licheng only holds an ETH (25x leverage) position, and the losses are still rising, with total losses exceeding $28.15 million.

According to Arkham monitoring, Machi Big Brother's Hyperliquid account value has fallen below $1 million.To supplement the margin for his latest Hyperliquid long position, Machi Big Brother has tapped into the PleasrDAO treasury funds deposited 5 years ago. Five months ago, his net worth was close to $100 million, and currently, his total loss is $28 million.

According to Onchain Lens monitoring, the whale address "0x6C8" previously started to go long on ETH, at one point incurring a loss of over 3.5 million dollars. It is now profitable by 24,800 dollars and still holds a long position in ETH (20x), valued at 93.79 million dollars.

According to the Huaxia Times, the People's Court of Jing'an District in Shanghai recently heard a dispute case regarding virtual currency investment. Investor Ms. Wu invested 1.05 million yuan to purchase USDT under the inducement of a live-streaming host, but later was unable to withdraw her funds due to the trading platform being inaccessible.Both the first and second instance of the court dismissed Ms. Wu's claims, determining that virtual currency does not have the same legal status as legal tender, and that related trading activities are considered illegal financial activities, violating public order and good morals, thus constituting invalid civil actions, with losses to be borne by the investor herself. This case echoes the notice issued on February 6 by the People's Bank of China and eight other departments regarding "further prevention and handling of risks related to virtual currencies," reaffirming China's prohibitive policy stance on virtual currencies.

According to HyperInsight monitoring, "Brother Ma Ji" Huang Li Cheng reduced his long position in Ethereum 15 hours ago, and currently holds only 261 ETH. The details of the position are as follows:With 25x leverage, 261 ETH, opening price $1,983.05, liquidation price $1,915.09, current floating loss of $12,000 (-60%).The "Ma Ji" address has incurred a loss of $761,400 in the past week, with total losses exceeding $25.92 million.

Analyst IT Tech stated in a report from CryptoQuant on Thursday that Bitcoin's seven-day average realized net loss has reached $2.3 billion, calling it "one of the largest panic sell-off events in Bitcoin's history, comparable to the 2021 crash, the 2022 Luna/FTX debacle, and the mid-2024 adjustment.""This scale of loss ranks among the top 3 to 5 in history," the analyst added, "There have been only a few instances in Bitcoin's history where such a level of panic selling has occurred." Bitcoin has plummeted nearly 50% from its all-time high of over $126,000 last October, currently trading around $66,600; it had previously dipped to a low of $60,000 on February 6 before recovering.

Bubblemaps disclosed on platform X that Trove Markets has quietly refunded the KOLs who participated in the presale, while other presale participants suffered heavy losses. By monitoring wallets associated with the TROVE token deployer, it was discovered that one day after the token crash, $100,000 worth of USDC and $350,000 worth of USDT were transferred to a newly funded wallet. On-chain evidence and leaked chat records have now been obtained, proving that the project team has engaged in improper behavior by treating investors differently.After raising $11.5 million through an ICO in January, Trove stated that it would retain $9,397,403 to continue building PerpDEX on Solana. This move sparked strong dissatisfaction within the community, with the token price dropping over 95%, resulting in severe losses for ICO participants, who accused the team of a rug pull. According to community feedback, the project has issues such as "paying KOLs for promotion, with funds flowing to entertainment platform deposit addresses."

According to Lookonchain, crypto investor Machi (@machibigbrother) has once again faced partial liquidation, with his account currently holding only about $92,000. Over the past 20 days, he has deposited a total of $3.19 million USDC into the Hyperliquid platform, but has lost it all. His current holdings include 1,689.6 ETH (approximately $3.28 million), with a liquidation price of $1,929.08.

According to Lookonchain monitoring, the trader degen-retard.sol (degen...l.sol) has once again incurred losses exceeding $3.6 million in SOL trading. About two weeks ago, this address purchased 100,000 SOL at a price of approximately $124, totaling $12.4 million, and staked them.6 hours ago, this address sold this batch of SOL. Previously, this address had already accumulated losses of over $6.6 million on SOL.

According to Gate market data, the S&P 500 index futures have erased early losses and are currently flat.

CryptoQuant analyst Darkfost stated that the market is approaching the level of loss supply seen during the last bear market. Currently, over 9.5 million bitcoins are in a state of loss, while about 10.4 million bitcoins remain in profit. Darkfost also pointed out that the market is about to reach a situation where the number of bitcoins in loss is roughly equal to those in profit, a scenario that last occurred at the end of the bear market in 2022. It is noteworthy that this adjustment is quite significant, with the supply of loss-held bitcoins rapidly increasing.

According to the latest report from GoPlus, in January 2026, the economic losses caused by major security incidents in Web3 reached $414 million. The types of security events include smart contract vulnerabilities, social engineering attacks, phishing attacks, honeypots, rug pulls, and more.Among these, exploits (including contract attacks, social engineering fraud, private key leaks, etc.) caused losses of $375 million due to 20 major incidents. The total losses from phishing attacks amounted to approximately $20 million, with around 5,000 victims. In the same month, 390 new honeypot tokens were detected on ETH, Base, and BSC, a decrease compared to December.

According to Lookonchain monitoring, during today's cryptocurrency market crash, the long whale 0xEc0B had 21 liquidations on long positions in BTC, ETH, ENA, WIF, NEAR, CRV, and DOGE, with total losses exceeding 19.7 million dollars.

According to on-chain analyst Yu Jin's monitoring, a certain whale holding an ETH lending position on Spark started to sell ETH to stop losses at $2,050. After a night of stop-loss selling, 27,800 ETH were sold to repay $44.14 million in loans.The whale still has 9,810 ETH ($18.66 million) left on Spark, with a loan of 12.83 million DAI. The liquidation price of the remaining position has dropped from $1,800 yesterday to $1,560 now.

According to Onchain Lens monitoring, the "255 Bitcoin short" whale has suffered heavy losses. It has closed positions in ETH, XRP, ZEC, SOL, and BTC, with losses exceeding $31.4 million, and profits have plummeted from $25.5 million to losses of over $30 million.Currently, this whale only holds a short position in DASH, with a profit of $5.6 million.