#我在Gate广场过新年 Crypto market alarm at maximum panic!
The Crypto Fear & Greed Index plummeted to 9, remaining in the extreme fear zone of 0-10 for 12 consecutive days, plunging the market into a deep panic abyss! On one side, retail investors are panic selling and getting liquidated across the network; on the other side, smart money is quietly accumulating, intensifying the battle between bulls and bears.
The countdown to Trump's tariff nuclear bomb continues, while Vitalik continues to dump, and mysterious whales are heavily long at $67,908—are we facing doomsday or the night before sudden wealth?
Institutions fleeing vs. whales accumulating:
On-chain data exposes lies
- Miner capitulation signals confirmed: Major mining company Bitdeer has completed extreme liquidation, with its own BTC holdings dropping to zero, selling all newly mined Bitcoin; the net selling volume of miners across the network reaches 2180 coins/day, the highest since October 2024, miners selling coins to pay electricity bills—are we at a historic bottom or a prelude to collapse?
- Contrarian whale attack: Address pension-usdt.eth reopens long positions, heavily betting on BTC rising at an average price of $67,908, with a single buy-in exceeding 1200 coins, equivalent to $815 million; adding to positions amid extreme panic—is this foresight or moths to the flame?
Policy nuclear bomb countdown: 24 hours
Trump officially signs the tariff upgrade order, with global import tariffs soaring from 10% to 15%, effective from 00:01 on February 24!
Expectations of tightening global liquidity heat up, US stock volatility jumps 32%, and the crypto market is unlikely to escape the impact.
The Middle East situation adds new variables, with fierce White House hawk-dove battles, rising geopolitical risk premiums, and the ultimate test for BTC as digital gold narrative.
On-chain dark battles: whales awakening, popular tokens crashing
- Solana whale activity: A dormant address for 5 months withdrew 50,000 SOL from exchanges and immediately staked them, with a market cap of about $10.8 million—big moves in the ecosystem coming?
- PUMP bloodbath: whales sold 3.75 billion PUMP tokens at an average price of $0.00214, losing $6.98 million; project team simultaneously sold 4.96 billion tokens, cashing out over $10.5 million, completely collapsing the fund.
- Vitalik continues to dump: sold 7,386 ETH this month, another 428.57 ETH today for 850,200 GHO, totaling about $15.51 million in realized gains, ETH support below is under severe pressure.
Data bombs: $70,000 becomes a graveyard for longs and shorts
- Liquidation storm warning: BTC holding steady at $70,000 will instantly trigger $791 million in short liquidations, epic short squeeze imminent; in the past 24 hours, total liquidations reached $84.459 million, with longs at $30.311 million and shorts at $54.147 million.
- Abnormal capital flow: In the past 7 days, exchanges net inflow of 3104 BTC and 5145 ETH, totaling $472 million—whales depositing coins in preparation—is this a dump or a pump?
- Downside risk warning: Quantitative models show a 73% probability that BTC will reach $55,000 within the year, indicating extreme market conditions are still ongoing.
Market glimmers: regulatory and ecological positive signals
- Ripple major statement: CEO states that the CLARITY Act has a 90% chance of passing Congress this week, and regulatory implementation could trigger XRP market rally.
- Aave V4 upgrade: V3 and V4 will run in parallel for a long time, with gradually relaxed limits, ushering in a new era for DeFi giants.