exchange

According to the latest in-depth report by ChainCatcher, as liquidity in the cryptocurrency market continues to be under pressure and the trading activity of native assets declines, an increasing number of exchanges are turning their growth focus towards the on-chainization and derivatives trading of traditional assets such as metals and U.S. stocks. Among them, Gate is gradually demonstrating its platform advantages in this round of "all-asset competition" due to its early establishment of a complete product system and leading trading activity.Data from Coinglass shows that during the recent fluctuations in metal prices, the 24-hour trading volume of Gate's XAUT contracts remained stable in the range of $300 million to $500 million, with trading activity ranking among the top in the world for similar assets. In addition, Gate has maintained a high level of trading stickiness during the downturn in crypto spot markets through methods such as TradFi launch celebrations and trading incentives, with its strategy leaning more towards a "long-term retention" approach to all-asset expansion.ChainCatcher believes that as the industry gradually shifts from the "crypto narrative internal cycle" to a new stage of "global asset on-chain," the core of exchange competition is no longer just the speed of new listings, but rather the ability to find a balance between compliance boundaries, liquidity support, and risk management. From the current progress, Gate is occupying a more advantageous position in this structural shift and is expected to continue amplifying its first-mover advantage in the next stage of the integration of TradFi and the crypto market.

On-chain analyst Yu Jin posted on X, stating that the Yili Hua address appears to be not just deleveraging, but rather liquidating. Currently, the related address has transferred 630,400 ETH (1.294 billion USD) to Binance, leaving only 21,300 ETH (43.94 million USD) on-chain. 96% of the ETH has already been transferred to exchanges, a quantity far exceeding what would be needed for deleveraging, so it is highly likely that a complete liquidation is occurring.

Bithumb exchange announced today that it acknowledged an error in the distribution of activity rewards, which led to some users receiving an abnormal amount of Bitcoin. These users subsequently sold off their holdings, causing a sharp fluctuation in Bitcoin prices in a short period. The exchange's internal control system quickly identified and restricted the trading of the relevant accounts, and the market price returned to normal levels within 5 minutes. Bithumb emphasized that this incident is unrelated to external hacking attacks, and customer asset security has not been affected, with trading and deposit/withdrawal functions operating normally. The exchange has committed to handling subsequent matters transparently to ensure that customer rights are not compromised.

According to Onchain Lens monitoring, a certain whale that has been silent for 3 months withdrew 769.89 BTC from the exchange, worth 50.62 million USD. Currently, this whale holds a total of 807 BTC, with a total value of 53.1 million USD.

CryptoQuant analyst Darkfost published an analysis stating that as Bitcoin's price gradually retraced from its historical high in October to around 50%, the amount of stablecoins flowing into exchanges is increasing. By the end of December 2025, the weekly average inflow of stablecoins (7-day moving average) had dropped to $51 billion, reflecting a lack of demand faced over the past few months. Today, the inflow has reached $98 billion, doubling and just surpassing the 90-day average of $89 billion.This indicates that the pace of capital deployment has accelerated in recent weeks, and the market clearly needs funds. Although the selling pressure in the market remains too high and has not been fully digested, this is still a positive signal as it suggests that investor interest is gradually recovering.

According to the official announcement, Gate DEX will officially launch the "Warm Spring Exchange Cashback Competition" from February 5, 18:00 to February 19, 18:00 (UTC+8). During the event, both new and existing users who complete the cumulative exchange requirements on Gate DEX will unlock corresponding tier rewards, with a maximum cashback of 30 USDT. The total prize pool for this event is 20,000 USDT, available on a first-come, first-served basis. In addition, new participants in the first exchange and cross-chain transactions can also receive extra cash gift packages and egg lottery draws.Gate Swap is an AMM DEX deployed in the Gate Layer ecosystem, focusing on providing deep liquidity support and efficient trading experiences for the Gate Layer ecosystem. Through optimized trading mechanisms and smart liquidity management, it helps users achieve seamless and cost-effective asset exchanges.

He Yi posted on the X platform, stating that some users in the community initiated a "withdrawal campaign." However, after this action was launched, the amount of assets in Binance addresses actually increased. Regularly initiating withdrawals on all trading platforms is a very effective stress test. He reminded users to carefully verify addresses during the withdrawal process to reduce the risk of operational errors, as blockchain transfers, once completed, are usually irreversible.He Yi also mentioned that he is learning to view everything with a positive mindset, such as how price drops may present opportunities to acquire high-value assets at lower prices, and how FUD can enhance the awareness of Binance among those who were previously unfamiliar with it. He emphasized that these views do not constitute investment advice.

According to CoinDesk, the Chicago Mercantile Exchange (CME) Bitcoin futures experienced a significant price gap during the weekend market closure, providing some optimistic expectations for market bulls. Data shows that the CME Bitcoin futures price closed at around $84,445 on Friday, while the opening price when trading resumed on Sunday night dropped to $77,385, corresponding to the spot market which had previously fallen to about $75,000, thus creating a noticeable gap.Note: The CME gap refers to the price discontinuity between the closing price of the futures market and the opening price of the next trading session. Since CME futures do not trade 24/7, price jumps occur during weekends or maintenance closures when the futures market does not align with the continuously trading spot market. Historical experience shows that although CME gaps are not an absolute rule and are usually filled within a few days or weeks, this phenomenon is still regarded by traders as one of the important technical reference indicators.

According to the "January 2026 Mainstream Cryptocurrency Exchange Reserve Ranking Report" published by CoinMarketCap, Gate ranks fourth among mainstream exchanges in terms of total reserves. The report shows that Binance, OKX, Bybit, and Gate have entered the industry's top tier with a robust asset structure and high transparency.The CMC report points out that, in terms of reserve structure, Gate maintains a high reserve allocation ratio for assets beyond mainstream cryptocurrencies, reflecting a more diversified asset coverage structure. As the first mainstream exchange to commit to 100% reserves, Gate has pioneered the introduction of zero-knowledge proof technology, integrating various technical means such as cold and hot wallet verification, Merkle tree structures, and user balance snapshots to ensure the authenticity and verifiability of asset reserves.As of January 6, 2026, Gate's overall reserve coverage ratio has increased from 124% to 125%, with a total reserve value of $9.478 billion, significantly exceeding the industry safety benchmark of 100%, supporting nearly 500 different types of user assets.

CoinMarketCap released the "2026 Ranking Report of Reserves of Major Cryptocurrency Exchanges." The data shows that Binance ranks first among major exchanges with a total reserve size of approximately $155.64 billion, significantly ahead of others.The report indicates that Binance's stablecoin reserves are approximately $47.47 billion, accounting for 30.5%, while Bitcoin-related reserves are about $49.84 billion, holding the highest proportion. The overall asset structure maintains high liquidity and diversification.

The largest Bitcoin treasury company in the UK, Smarter Web Company, successfully listed on the main market of the London Stock Exchange on February 3, with the stock code SWC. The share price on the first day was 43 pence, with a market capitalization of approximately £118 million.Currently, Smarter Web Company has purchased 2,674 Bitcoins at an average purchase price of about $111,000.

Economist and gold supporter Peter Schiff stated on social media that gold prices have once again surpassed $5000. Traders who shorted gold last week may face difficulties. Meanwhile, the price of Bitcoin has fallen to $76,000, currently equivalent to 15 ounces of gold, down 59% from the peak in November 2021. Priced in gold, Bitcoin is in a long-term bear market.It is reported that as a long-time gold supporter and Bitcoin critic, Peter Schiff has consistently held a negative view on cryptocurrencies.

The largest securities exchange in Russia, Moscow Exchange, plans to launch a SOL price index and futures contracts, while also introducing similar products for XRP and TRX.

According to market news, the Moscow Exchange in Russia plans to launch a new cryptocurrency index based on the prices of Solana, Ripple, and Tron, along with corresponding futures contracts in 2026.Maria Silkina, head of the exchange's derivatives department, stated that these new contracts will follow the design of the already launched Bitcoin and Ethereum index futures, which use a cash settlement method with monthly expirations. In addition, the exchange is also considering launching perpetual futures for Bitcoin and Ethereum, which will be designed to expire daily and automatically roll over. According to current Russian regulations, these crypto derivatives are currently only available to qualified investors.

According to Onchain Lens monitoring, Vitalik Buterin (0xfeb...03b2) has sold 211 ETH again, exchanging it for 491,000 GHO. Currently, he has sold a total of 704 ETH, exchanging it for 1.65 million USD in GHO, and he performs a selling operation every 2 hours.

According to official news, Gate founder and CEO Dr. Han has confirmed his attendance at the upcoming Consensus HK conference, where he will also participate in a series of industry exchange activities hosted by Gate and deliver a keynote speech during the event, engaging in in-depth discussions with global Web3 industry practitioners.Consensus HK will take place from February 10 to February 12, gathering core industry participants including representatives from global investment institutions, traditional finance practitioners, Web3 entrepreneurs, and protocol parties. During the conference, Dr. Han will deliver an important keynote speech, sharing Gate's practices and thoughts on globalization, compliance development, and Web3 infrastructure construction. At that time, Gate will also host various forms of exchange activities around core topics such as investment, technology, and institutional collaboration, building a high-quality dialogue and collaboration platform to promote in-depth interaction between different circles and ecological roles.As a leading global cryptocurrency trading platform, Gate is deeply involved in major global Web3 industry summits, connecting capital, technology, and application ecosystems through diverse offline exchange scenarios. In the future, Gate will continue to promote industry communication and cooperation, driving the long-term construction and collaborative development of Web3. More information about related activities will be announced in the near future, so please stay tuned.

According to sources, XAI and SpaceX have set the share exchange ratio at 0.1433. Some XAI executives may choose to receive cash at a price of $75.46 per share instead of SpaceX stock.