PANews reported on February 1st that, according to on-chain analyst Yu Jin's monitoring, the current costs and profit/loss status of several institutions are as follows:
MicroStrategy: The price of BTC has now fallen to near MicroStrategy's cost line: it holds 712,600 BTC with an average cost of $76,037. Its unrealized profits have been largely wiped out, and another $3,000 drop would put it in a "trapped" position.

Tom Lee's Bitmine: Holding 4.243 million ETH at an average cost of $3,849. Bitmine has been "trapped," but with ETH now at $2.4K, its unrealized losses have reached a new high of $5.92 billion. Losses have exceeded one-third (-36%).
Yi Lihua's Trend Research: Holds 651,500 ETH at an average cost of approximately $3,180, currently showing a paper loss of $475 million. Due to leveraged lending, these ETH positions have a liquidation price around $1,880, approximately $570 away from the current price.

New snake oil? Etsy witches are hawking spells they claim can change the weather on your wedding day, help you with your love life, or fatten your crypto portfolio. Etsy witches have become a massive trend on social media this year — from romance spells to helping manifest fame. Did you know they can also apparently help you become a crypto millionaire? The practice of witchcraft, once punishable by death by fire (or being pushed off a cliff), has become a talking point on TikTok. Online marketplace Etsy, which allows people to sell their handmade beanies and custom dog collars, has become a hub for the spellcasters despite having a ban on “metaphysical services.” Read more

