Overview of Important Overnight Developments on February 1
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21:00-7:00 Keywords: Yilihua, Cango, Flow, Abraxas Capital 1. Ethereum has dropped out of the top 50 global assets by market capitalization; 2. Yilihua's ETH lending position has an extreme liquidation price of $1,558, with a current position health factor of 1.34; 3. Cango mined 108.1 BTC this week, increasing its total Bitcoin holdings to 7,981.7 BTC; 4. Flow released an update on the security incident: 87.4 billion counterfeit FLOW tokens have been permanently destroyed; 5. Abraxas Capital's fund deposited 2,038 BTC, worth nearly $170 million, into CEX; 6. Step Finance: Multiple treasury and fee wallets have been compromised, and the attack is under investigation; 7. The U.S. government has entered a partial shutdown, and the weakening of BTC and ETH has raised market concerns about the risk of a "chaotic Monday."
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