In the past hour, total liquidations across the network reached $17.09 million, with $1.50 million from long positions, with $15.58 million from short positions. BTC liquidation $12.83 million, ETH liquidation $2.36 million.

According to Huoxun Finance on February 8, OnchainLens reported that a newly created wallet withdrew 30,000 ETH from Binance, worth $63.48 million.

Despite the sharp drop in silver prices, almost erasing the astonishing gains made at the beginning of the year, retail investors still poured nearly $500 million into the silver market over the past week. According to data analysis from Vanda Research, as silver prices plummeted, retail investors poured $430 million into the largest silver ETF, SLV, in the six trading days ending Thursday, including over $100 million on January 30th, when silver prices fell 27%, marking the largest single-day drop in history. StoneX analyst Ronna O'Connell stated, "People are drawn to the allure of silver." She added that silver's appeal was further amplified by its "massive sell-off," which some investors saw as a buying opportunity at lower prices. (Financial Times) (Jinshi Data APP)

In the past hour, total liquidations across the network reached $31.75 million, with $747,534.69 from long positions, with $31.00 million from short positions. BTC liquidation $28.17 million, ETH liquidation $2.18 million.

According to a CoinShares report, the possibility of a practical quantum computer has sparked debate about the potential security implications for Bitcoin. The Bitcoin quantum vulnerability is not an imminent crisis, but rather a foreseeable engineering problem with ample time to address. Technically, the quantum risk primarily stems from the possibility that the Shor algorithm could crack ECDSA or Schnorr signatures, thereby exposing private keys. The approximately 1.7 million Bitcoins potentially affected by early P2PK addresses, representing about 8% of the total supply, are unlikely to cause a systemic market shock in the short term. Claims of 25% supply being at risk are considered significantly exaggerated, and the risk can be mitigated through address migration. Long-term attacks are theoretically feasible within the next decade, but short-term attacks that could crack private keys in the mempool within 10 minutes remain infeasible for decades. The potential influx of approximately 10,000 Bitcoins due to private key leaks would have a limited impact on the price system. Holders can proactively migrate to secure addresses. The remaining targets are scattered across approximately 34,000 addresses; even with a breakthrough in quantum technology, a full-scale attack could take decades.