fishing

Liquid Capital (formerly LD Capital) founder Yi Lihua stated on social media, "The war is confirmed to be over, there is no insider information, and neither side has a reason to continue fighting. We will take profits wherever the rebound stops and observe as we go.This year's cryptocurrency market is very similar to 2019, with a cliff-like drop in secondary liquidity, almost no confidence in primary investments, and Web3 companies laying off large numbers of employees, with industry personnel switching careers. Be greedy when others are fearful; this year is definitely the best time for secondary bottom-fishing and primary investment, similar to 2019. Institutions that bottomed out in the secondary market and invested in the primary market in 2019 were the biggest winners in the 2020 bull market, and we are working hard to do these two things well."

According to Bloomberg, after gold prices experienced the largest sell-off in years, bargain buyers have started to enter the gold market. As of Thursday's close, gold prices had fallen 19% from the closing peak in January, approaching the 20% threshold that traditionally marks the beginning of a bear market. However, by Friday, buyers re-entered the market, pushing gold prices up by about 3%.George Efstathopoulos, a fund manager at Fidelity International, stated that this pullback presents a buying opportunity once tensions in the Middle East subside. Inflation risks, fiscal pressures, and bond credit issues remain structural positives for gold. Analysts also pointed out that the Iran conflict could trigger central banks to sell gold, or at least slow down their purchasing pace. Daniel Ghali, a commodity strategist at TD Securities, believes that given that central banks have been cornerstone buyers in this bull market, large-scale direct selling would have a more immediate impact on prices and a more destructive effect on market sentiment. However, for now, the broader trend may be a gradual slowing of central bank gold purchases rather than a complete shift to selling.

Liquid Capital (formerly LD Capital) founder Yi Lihua stated: "In the short term, the war will not end, and the market is waiting for further clarity on the war. However, there will definitely be a great bottom-fishing opportunity this year, so prepare as much capital as possible before that. Aside from the crypto industry, I have been working hard to learn AI recently and have been deeply shocked, especially by the efficiency of commanding AI to work. This is not just a simple improvement in efficiency; it is a direct leap from the era of horse-drawn carriages to the era of airplanes.I require all companies I invest in to immediately learn to use A and embrace AI. In the future, companies that do not use AI will be eliminated. Today, because of AI, all companies and individuals are basically starting from the same starting line. Another great wave is coming, and my requirement for myself this year is to spend half of my time working in collaboration with AI."

The Chief Information Security Officer of Slow Fog Technology, 23pds, issued a reminder stating that ClawHub developers should be aware of phishing and credential leakage risks. Currently, ClawHub relies on developers' GitHub one-click login. Previously, the Sha1-Hulud worm stole a large number of developers' GitHub credentials, and attackers may take the opportunity to attack Skills.The attack path is: credential theft → attacker gains GitHub permissions → logs into ClawHub as a developer → publishes malicious Skills to implant backdoors → users download and install, executing malicious code leading to system intrusion.

According to data from Greeks.live, 116,000 BTC options will expire this Friday, with a Put Call Ratio of 0.76, a maximum pain point of $75,000, and a nominal value of $7.9 billion. 206,000 ETH options will also expire this Friday, with a Put Call Ratio of 0.77, a maximum pain point of $2,200, and a nominal value of $980 million.Greeks.live analyst Adam stated that the current cryptocurrency market remains sluggish, with the entire February trend weakly oscillating above $60,000. Tomorrow, options representing 20% of the total open interest will expire, totaling nearly $9 billion, with Bitcoin's open interest reaching a peak in recent years. Thanks to a rebound in the past two days, the implied volatility of Bitcoin and Ethereum has increased this week, with BTC's main expiry IV at 47% and ETH's main expiry IV at 65%. The downward price trend has eased somewhat, but market confidence is still lacking.In terms of trading, large bullish options dominate the market, with a significant amount of medium to long-term bullish trades following yesterday's rebound. From the main options data, the Skew has also rebounded comprehensively, indicating a bottom-fishing force in the market. Adam added that the market is still in a bear phase, with no new funds entering the cryptocurrency space and no obvious hotspots, while pessimistic sentiments are prevalent on social media, suggesting that bottom panic may not have arrived yet.

According to Bloomberg, Coinbase's stock price rebounded the day after the release of its weak quarterly earnings report. Some bottom-fishing funds believe that the market has already fully priced in the negative factors, and the crypto market may be approaching a temporary bottom.The earnings report shows that the company's trading volume has weakened and trading revenue is under pressure, highlighting its performance's high sensitivity to fluctuations in digital asset prices and retail trading activity. Previously, affected by the overall weakening sentiment in the crypto market, Coinbase's stock price had fallen for several consecutive weeks and had significantly corrected before the earnings report was released. Market analysts believe that, with expectations having been downgraded and positions becoming more defensive, some investors chose to buy on dips, driving the stock price to stabilize and rebound in the short term.

According to HyperInsight monitoring, the "long-term shorting BTC" whale (0x5d2f4) has changed its BTC limit buy orders. The current order book shows that it will buy 100 BTC when the price drops to $64,967; and another 100 BTC when the price drops to $59,138.This whale entered a 20x leveraged short position of 499.91 BTC at a price of $111,499.3. Currently, the BTC short position has been reduced to 68.33 BTC, still yielding a profit of $2.734 million, while it has also collected $10.0048 million from funding rate settlements.

According to Onchain Lens monitoring, the bottom-fishing whale "7 Siblings" has purchased another 11,333 ETH, spending approximately 26.13 million dollars in total. Over the past two days, this entity has spent a total of 57,210,000 dollars to buy 24,139 ETH at an average price of 2,370 dollars.

Liquid Capital (formerly LD Capital) founder Yi Lihua posted on social media: "This year, after calling the bottom for ETH at $1450 and cashing out at $4500 to avoid the 1011 crash, I recently started buying ETH again and recommend a spot strategy for buying at $3000 to $3300, which is also Liquid Capital's average price. Everything is transparent and consistent with words and actions. This time, the decline in U.S. stocks exceeded expectations, and everyone wants to make the most precise moves, but often only commentators can be 100% correct. Liquid Capital still holds a spot strategy and is optimistic about the future of ETH/BTC, with the current situation being dominated by U.S. stock trends."

Liquid Capital founder Yi Lihua posted on platform X, stating that the panic in today's market has reached its peak. He understands the market's focus on the "four-year cycle" as well as technical indicators such as daily, weekly, and yearly charts, but he still insists that this is a better range for bottom-fishing in spot trading and is optimistic about the subsequent market trends. He emphasized that it is more important to remain greedy when others are fearful. Even if previous judgments were correct ten times, it does not guarantee that the next one will be correct. However, investment and trading should always follow one's own logic, and his sharing and operations will not be swayed by short-term information.He pointed out that the cryptocurrency market is highly volatile, and it has only been a little over a month since the peak. In the context of gradually releasing negative news, buying is usually better than selling.

According to Onchain Lens monitoring, the bottom-fishing whale "7 Siblings" recently invested 7 million USDS, purchasing 2,211 ETH at an average price of $3,166.Since then, the whale has accumulated a total of 44,008 ETH, with a total value of approximately $152.99 million and an average purchase cost of about $3,477.

Liquid Capital founder Yi Lihua posted on platform X: "Investing and trading are actually the most difficult psychological games. Nothing is certain, everything is ambiguous, it can change direction at any time, it never truly ends. It's a bit like poker, where the game never really ends, no one can always win, and there is no absolute meaning unless you actively choose to end the game.In the market of investing and trading, our job is to respond promptly to what happens at every moment, just like we buy the dip - liquidate - and then buy the dip again, all based on the changes in the market."

According to Hyperinsight monitoring, the following is an overview of the on-chain movements of popular active whales in the past 24 hours: The top 100% win rate whale closed all long positions 2 hours ago, incurring a loss of 39.37 million USD. The insider whale 1011 increased its leveraged BTC long position by 5 times to 500 BTC, worth 50.54 million USD, 12 hours ago; it also increased its leveraged ETH long position by 5 times to 8,000 ETH, worth 26.12 million USD. Its current position is facing an unrealized loss of 4.92 million USD.The bottom-fishing whale 7 Siblings has once again increased its holdings by 18,053 ETH, spending a total of 133.49 million USDC to purchase 37,971 ETH over the past two days, with an average price of 3,515 USD. A suspected Bitmine address has increased its holdings by 10,000 ETH, worth approximately 32.72 million USD. The whale that previously borrowed 66,000 ETH has fully repaid the loan, deposited USDC into Binance, and withdrawn 34,155 ETH (approximately 111.6 million USD) from Binance, suspected of adding positions at a low.

According to lookonchain monitoring, the whale address 0x1b57 sold 5,570 ETH (approximately 19.56 million USD) that was purchased 5 days ago, resulting in a loss of 2.15 million USD.

Wild World token WILD plummeted 63.3% today due to a series of liquidations. Arthur Hayes posted on X stating: "Please fully understand the risks of using leverage and debt in the DeFi space; this liquidation could have been avoided. That said, I still appreciate being able to accumulate some WILD tokens at a lower cost. Looking forward to the official launch of Open World in December."According to Wild World developer n3o, the recent flash crash of WILD was not caused by any security vulnerabilities or attacks, but rather by a chain liquidation event stemming from the WILD PeaPods lending pool. The protocol did not suffer a hack, no user funds were stolen, and Wilder World's core system did not experience any failures. Liquidations are still ongoing, and it is expected that once the liquidations are completed, the price will stabilize. The project still has sufficient capital reserves (12-24 months) to continue full development, unaffected by token prices or recent capital inflows.

ChainCatcher news, Glassnode posted on social media that the illiquid Bitcoin supply has begun to decline, with approximately 62,000 BTC moved from long-term dormant wallets since mid-October. When the illiquid supply decreases, more tokens will enter the circulating market, and if there is a lack of strong new demand, the upward price trend will face greater resistance.In this cycle, the illiquid supply was an important driving force, but the recent reversal has broken this trend. Historically, similar supply backflows often weaken market momentum—there was a larger outflow of 400,000 BTC in January 2024, and although the current change is relatively mild, the trend is worth noting.Interestingly, whale wallets have continued to accumulate during this period. Over the past 30 days, whale holdings have steadily increased, and there has been no large-scale selling since October 15. The ongoing largest outflows mainly come from wallets holding 0.1-10 BTC (approximately $10,000 to $1 million in assets). This group has maintained a net selling position since November 2024. Momentum traders have largely exited, while bottom-fishing funds have failed to create sufficient demand to absorb the selling pressure. As first-time buyers remain on the sidelines, this supply-demand imbalance will continue to suppress prices until stronger spot demand emerges.