Key Market Information Discrepancy on February 5th - A Must-See! | Alpha Morning Report
Top News
1.The New York Times: SEC Takes Action to Reduce Its Enforcement in the Cryptocurrency Space
3.Sol Strategies Announces Additional Purchase of 40,300 SOL in January at an Average Price of $246.53
4."Crypto Tsar": Exploring the Feasibility of Bitcoin Reserves
5.NYSE Submits 19b-4 File Application for Grayscale LTC ETF
Articles & Threads
1. "South Korea's Crypto Great Escape: Capital, Companies, and Talent Exodus"
"Crypto-Friendly President" Trump's inauguration and the establishment of the U.S. Securities and Exchange Commission's Crypto 2.0 Task Force will accelerate the structural transformation of the global Web3 market. This marks a key turning point. Talent, capital, and companies may migrate to countries with sound regulatory frameworks, while the outflow from jurisdictions with regulatory uncertainty will intensify."
2. "$20 Billion Liquidated in the Crypto Market, What Were the Causes of the Sell-off?"
On the last two days of 2025, Bitcoin briefly fell below $92,000, with a total of $20.28 billion liquidated across the network in the past 24 hours, including $17.66 billion in long liquidations and $2.7 billion in short liquidations. Additionally, in the last 24 hours, a total of 700,594 individuals were liquidated, with the largest single liquidation occurring on Binance - ETHUSDT worth $25.635 million.
24H Top Projects (‼️High Rug Risk‼️)
Daily new projects or community focus updates, filtered and ranked by X Alpha account follow count and growth
Data Source: getmoni.io
BlockBeats Note: The following are all early-stage projects with low follower counts, extremely high Rug and contract risks. Participation should be cautious and is not investment advice
1. Defend Crypto (@Defend_Crypto)
Aims to support open-source and privacy in cryptocurrency. 50% of the supply will be locked in LP through Meteora. 100% of LP fees will be donated through Giveth to Tornado Cash developers Alexey Pertsev and Roman Storm's legal defense.

2. Herd (@herd_eco)
Cryptocurrency collaboration terminal where you can search, understand, and act with AI agents

3. cultsdotmoney (@cultsdotmoney)
Anonymized social project in the Berachain ecosystem incubated by Bgirl Capital

Market Data
Daily market overall capital heat (reflected by funding rate) and token unlocks
Data Source: Coinglass, TokenUnlocks
Funding Rate

Token Unlocks

You may also like

Cryptocurrency CEXs are flocking to sell US stocks, and traditional brokerages are facing an "uninvited guest."

Will the SpaceX IPO Hurt Bitcoin? Here's What Traders Are Watching

Foreign selling in the South Korean stock market accelerates, with cumulative net sales reportedly reaching $75 billion this year
On June 9, The Kobeissi Letter, citing Goldman Sachs data, reported that global investors are selling South Korean stocks at an unusually rapid pace. In the latest trading session, foreign investors sold about $801 million worth of Kospi constituent stocks again; total foreign outflows last week reached about $10 billion, and the market has been in net foreign selling on nearly every trading day over the past month. According to the data cited in the report, foreign investors have sold about $75 billion worth of South Korean stocks so far this year. Meanwhile, South Korean retail and institutional investors together recorded roughly $69 billion in net buying over the same period, suggesting that the market’s main buying support has come from domestic capital rather than returning overseas funds. The information currently disclosed still mainly comes from The Kobeissi Letter’s retelling and Goldman Sachs data summaries, while public details on the statistical period and the specific definition of “selling” remain relatively limited.

Fortune Warns of Strategy’s Financing Structure Risks as Bitcoin Premium Narrows
Fortune warned that Strategy’s Bitcoin treasury model faces growing financing risks as MSTR’s net asset premium narrows and preferred stock dividend pressure increases.

Ferrari Challenge Le Mans: Carl Moon to Dominate in WEEX Livery

Sahara AI Responds to SAHARA’s Sharp Drop: No Contract or Product Security Issues Found, Internal Investigation Underway
Sahara AI responded to SAHARA’s 60% price drop, saying no token contract or product security issues have been found and an internal investigation is underway.

WEEX Deposit/Withdrawal Dynamic Island: Your Asset Status, Always in Sight

Scaling Crypto Derivatives: The Digital Asset Infrastructure Behind High-Volume Trading
In the fast-moving digital asset ecosystem, derivatives platforms face an extreme architectural test. High-leverage futures markets demand more than just standard security—they require absolute operational precision, zero-latency matching engines, and ironclad structural scalability, all while navigating intense market volatility.
As global platforms scale to meet these demands, the industry is shifting away from rigid, monolithic setups toward a more agile, "decoupled" infrastructure philosophy.
The Blueprint for High-Volume Copy TradingFor elite global exchanges like WEEX (founded in 2018), this architectural choice becomes critical when scaling high-volume retail features like social copy trading. When thousands of users automatically mirror the real-time strategies of elite traders simultaneously, it triggers sudden, monumental spikes in concurrent transactional volume.
To prevent execution latency or settlement bottlenecks during these peak volatility events, a platform's primary engine must remain entirely dedicated to risk management, copy-trade synchronization, and order matching.
The Architectural Rule: New-generation platforms must separate front-end user execution engines from heavy backend infrastructural overhead to eliminate operational friction.
By separating these layers, platforms can maintain complete sovereignty over their trading environments and user experiences while strategically aligning with institutional-grade infrastructure ecosystems. This strategic framework allows modern exchanges to leverage advanced Digital Asset Custody infrastructure such as Cobo’s behind the scenes, ensuring that backend wallet management scales elastically alongside trading spikes.
Capitalizing on Market Momentum and 400× LeverageIn a derivatives arena where platforms offer up to 400× leverage on perpetual contracts, capital efficiency and market agility are core business metrics. To capture market momentum, an exchange needs the ability to rapidly expand its asset offerings, supporting everything from legacy crypto assets to sudden, trending altcoins across a massive library of trading pairs.
Adopting a flexible, scalable Wallet-as-a-Service (WaaS) solution such as Cobo’s could completely rewrite the development timeline for high-growth exchanges. Instead of spending months of engineering capital building out custom backend wallet architectures for every new blockchain network, platforms can deploy localized infrastructure in days.
This agility allows platforms to instantly scale their listings to over a thousand trading pairs without compromising security or delaying time-to-market. It mirrors the exact operational advantages seen during high-velocity market events, similar to how advanced wallet infrastructure empowers platforms during sudden asset surges; allowing exchanges to pass that speed and liquidity directly to their global user base.
A Mature Foundation for GrowthThe synergy between trusted infrastructure ecosystems and global trading platforms represents the natural evolution of a maturing crypto market. As WEEX continues to scale its global spot and derivatives offerings for over 6 million users, adopting robust backend paradigms proves that platforms no longer have to compromise between cutting-edge trading velocity and uncompromised structural security.

Morning Report | BitMine increased its holdings by 126,971 ETH last week; trader Eugene announced his exit from the crypto market

Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times profit by investing in storage stocks? (Seven) - A quarter-century cycle

Get Paid to Onboard? Try WEEX’s New Homepage with Rewards for Registration, Deposit & Trade

WEEX Custom Layout: Build Your Perfect Trading Workspace in Seconds

See “Buy Walls” & “Sell Walls” Instantly: WEEX Launches the Depth Chart for Smarter Trades

What Is Quick Trade on WEEX? 2 Ways WEEX Ends Chart-Panel Jumping

Morning News | Five major virtual asset platforms in South Korea have experienced 57 incidents of hacking and system failures in six years; Grayscale submits registration application for Canton ETF

Should we escape the peak? The principle of the tail-end market in the stock market

RootData: May 2026 Cryptocurrency Exchange Transparency Research Report

Founder of Baixing.com: My Experience with Claude Code in Fourteen Points
Cryptocurrency CEXs are flocking to sell US stocks, and traditional brokerages are facing an "uninvited guest."
Will the SpaceX IPO Hurt Bitcoin? Here's What Traders Are Watching
Foreign selling in the South Korean stock market accelerates, with cumulative net sales reportedly reaching $75 billion this year
On June 9, The Kobeissi Letter, citing Goldman Sachs data, reported that global investors are selling South Korean stocks at an unusually rapid pace. In the latest trading session, foreign investors sold about $801 million worth of Kospi constituent stocks again; total foreign outflows last week reached about $10 billion, and the market has been in net foreign selling on nearly every trading day over the past month. According to the data cited in the report, foreign investors have sold about $75 billion worth of South Korean stocks so far this year. Meanwhile, South Korean retail and institutional investors together recorded roughly $69 billion in net buying over the same period, suggesting that the market’s main buying support has come from domestic capital rather than returning overseas funds. The information currently disclosed still mainly comes from The Kobeissi Letter’s retelling and Goldman Sachs data summaries, while public details on the statistical period and the specific definition of “selling” remain relatively limited.
Fortune Warns of Strategy’s Financing Structure Risks as Bitcoin Premium Narrows
Fortune warned that Strategy’s Bitcoin treasury model faces growing financing risks as MSTR’s net asset premium narrows and preferred stock dividend pressure increases.
Ferrari Challenge Le Mans: Carl Moon to Dominate in WEEX Livery
Sahara AI Responds to SAHARA’s Sharp Drop: No Contract or Product Security Issues Found, Internal Investigation Underway
Sahara AI responded to SAHARA’s 60% price drop, saying no token contract or product security issues have been found and an internal investigation is underway.

