（来源：吴说） 吴说获悉，火币创始人李林在朋友圈回应称，其并非 LD 或 Garrett Gin 的投资人，本轮行情中未减仓 BTC 或 ETH，并表示近年来多次被传谣言，不得不反 复澄清。 早先社交媒体开始流传一种说法：即此次猛烈抛售并非完全由宏观因素驱动，而是源于某个大型基金爆仓并被迫清算其比特币头寸。其中一种猜测指向一家 参与比特币期权交易的香港对冲基金，因此有人怀疑是李林的家族办公室。 据 SEC 最新 13F 报告，截至 2025 年第三季度末，李林创立的 Avenir Group 持有 18,297,107 股 IBIT，持仓市值达 11.89 亿美元，较上季增长约 18%，并已连 续五个季度稳居亚洲最大比特币 ETF 机构持有人。 ...

来源：市场资讯 （来源：吴说） Bitwise 顾问 Jeff Park 澄清称，近期关于 "纳斯达克取消 IBIT 期权持仓限制、给予华尔街无限杠杆" 的 说法不属实。相关调整实为拟取消 FBTC、ARKB、HODL 及以太坊 ETF 原有 2.5 万份期权持仓上限， 使其与 IBIT、BITB 现行 25 万份标准上限一致，以纠正此前对加密资产的非标准限制。Jeff Park 同时 指出，IBIT 提高至 100 万份期权持仓上限的申请虽已于去年 11 月提交，但尚未获批，目前仍维持 25 万份。 ...

Crypto prices got absolutely rocked this week with Bitcoin falling nearly $15,000 in 24 hours—a bloodbath not seen since the collapse of crypto conman Sam Bankman-Fried’s empire back in 2022. On Friday, Bitcoin had clawed back most of those losses, and is now trading around $70,000, but the episode has left even longtime crypto insiders asking each other “What just happened?!” There are plenty of theories swirling around, but one is particularly compelling: The cause of the crash lies with Hong Kong trader ...

10X Research研究主管Markus Thielen表示："机构投资者正在真正清仓他们的加密货币持仓。"他指出，通过ETF购买比特币的投资者 平均成本为9万美元，这些投资者"现在处于实质性亏损状态"。 比特币周五从低点反弹，此前一度逼近6万美元关键支撑位。市场分析师警告称，机构投资者正在大规模抛售加密货币持仓，比特币 可能进一步下探至4万至5万美元区间。 高杠杆头寸遭强平，机构"投降式抛售" 美国比特币ETF市场正经历剧烈逆转。据CryptoQuant数据，去年同期购入4.6万枚比特币的美国ETF在2026年转为净卖方。 Thielen补充称："这些大规模资金流出发生在美国交易时段，投资者正在认输离场。" 据华尔街见闻此前文章，全球最大比特币现货ETF、贝莱德旗下IBIT周四价格暴跌13%至36美元左右，创2024年10月以来新低，年内 跌幅扩大至27%。期权市场显示恐慌情绪蔓延，看跌期权较看涨期权溢价超过25个波动率点，创历史新高。 市场分析称此轮"投降式抛售"或由一家或多家非加密对冲基金持有的IBIT的高杠杆头寸被强平引发。这些基金可能通过高杠杆期权 交易试图扭转局势，但亏损持续扩大，最终被比特币 ...

Core Viewpoint - The article discusses the record trading volume of BlackRock's Bitcoin spot ETF, IBIT, which reached an all-time high, raising concerns about forced liquidations due to high leverage positions held by hedge funds [2][4]. Group 1: Trading Volume and Price Movements - IBIT's trading volume exceeded 284 million shares on Thursday, with a nominal value surpassing $10 billion, marking a 169% increase from the previous record [2][7]. - The price of IBIT fell by 13% to around $36, the lowest since October 2024, with a year-to-date decline of 27% [2][4]. - The combination of record trading volume and price drop is often seen as a capitulation signal, indicating that long-term holders are giving up and liquidating their positions, suggesting a severe bear market phase [7]. Group 2: Redemption and Market Sentiment - On the same day, IBIT experienced redemptions totaling $175 million, accounting for 40% of the total net outflow of $434 million across 11 Bitcoin ETFs [4]. - The options market showed heightened fear, with put options trading at a premium over call options by more than 25 volatility points, a historical high [4][7]. - The total premium for long-term put options reached approximately $900 million, also a record [7]. Group 3: Hedge Fund Speculation - Speculation arises that the volatility may stem from large holders of IBIT, potentially non-crypto hedge funds, which might be attempting to reverse their positions through high-leverage options trading [8][10]. - The simultaneous decline in Bitcoin and stocks, along with relatively low liquidation volumes on centralized finance platforms, supports the theory of hedge fund-driven volatility [9]. - The delayed disclosure of holdings in 13F reports means that the full extent of these positions may not be revealed until mid-May, but the scale of the event suggests it cannot remain hidden for long [10][11].

贝莱德旗下比特币现货ETF在周四创下交易量历史新高，市场人士怀疑这场剧烈波动可能源于对冲基金持有的IBIT的高杠杆头寸被强制平仓。 据Nasdaq数据，贝莱德比特币现货ETF产品IBIT周四交易量超过2.84亿股，名义价值突破100亿美元，较此前纪录暴增169%。与此同时，IBIT价 格暴跌13%至36美元左右，创2024年10月以来新低，年内跌幅扩大至27%。 价格方面，IBIT一度跌破35美元，为2024年10月11日以来最低水平。该基金价格曾在去年10月初触及71.82美元的峰值，此后持续下跌。作为全球 最大的公开上市比特币基金，IBIT持有实物比特币，旨在镜像追踪比特币现货价格。比特币周四一度跌至近6万美元。 创纪录交易量与价格暴跌的组合通常被视为投降式抛售的信号，即长期持有者认输并不惜亏损清算持仓。这标志着熊市进入最激烈的抛售阶段， 可能预示着漫长而痛苦的筑底过程开始。 期权市场数据进一步印证了恐慌情绪。据MarketChameleon数据，周四IBIT的长期看跌期权溢价超过看涨期权25个波动率点以上，创下历史新高。 看跌期权是投资者用于对冲下跌风险的合约。 Parker White指出，期权权利金 ...

U.S. spot Bitcoin exchange-traded funds experienced a significant turnaround in investor flows on February 2, as almost $562 million in net daily flows were attracted after weeks of steep net outflows, according to data compiled by SoSoValue. Spot Bitcoin ETFs Feb 2 Source: Sosovalue The rebound was one of the largest single-day inflows since the beginning of January and drove cumulative net inflows in all U.S. Bitcoin spot ETFs to 55.57 billion. This inflow has raised concerns about whether instituti ...

Is this the start of a bear market or its end? Bitcoin’s long, painful slide may be closer to the finish line than many fear. Analysts at Compass Point say the crypto bear market is entering its final phase, even after Bitcoin slipped below $81,000 and briefly dipped into the mid-$70,000s. Pushing BTC far below $60,000 would likely require a full-blown U.S. stock market selloff. Compass Point points to $60,000–$68,000 as the floor for Bitcoin. Around 7% of long-term holders, people who have held BTC for ...

Group 1 - Bitcoin experienced significant selling pressure following a decline in gold and a crash in silver, leading to a drop into the mid-$70,000s over the weekend [1] - Year-to-date, Bitcoin is down 12%, marking it as a notable laggard in the cryptocurrency market [1]

Wall Street’s love affair with cryptocurrency is on the rocks, at least for now. While 2024 and 2025 were defined by the launch of spot ETFs and Bitcoin’s (BTCUSD) relentless climb toward $100,000, January 2026 has introduced a different vibe. Bitcoin has spent the month struggling to reclaim the six-figure mark, sliding toward $82,000 on Friday afternoon. More News from Barchart Meanwhile, Ethereum (ETHUSD) had stabilized in a choppy, sideways range, then broke down bigtime in late January. The break ...