Yesterday, the US Bitcoin spot ETF experienced a net outflow of $104.9 million.

MICA Daily｜BTC long-term holders continue to sell off, leading to increasing selling pressure

According to CryptoQuant data, Bitcoin prices continue to remain sluggish, down more than 45% from the all-time high. The profit rate for long-term holders has dropped to 0.88, indicating they are under financial pressure and beginning to sell at a loss. However, recent inflows of long-term holders on Binance have surged significantly, showing they are adjusting their positions to cope with the current market conditions.

Bitcoin futures open interest plummets 55%, marking the largest decline in nearly three years

Bitcoin futures open interest has dropped 55% since October 2025, down to $44 billion, indicating bearish market sentiment and decreased trader participation. Institutions have reduced their positions in response to price pressure, and hedging sentiment has generally increased. Despite volatility, long-term holders continue to accumulate Bitcoin, demonstrating market resilience. Analysts predict a potential bottoming out and rebound.

Bitcoin Miner Soluna Expands Behind-the-Meter Capacity in Texas via Blockware Pact 

Soluna Holdings is expanding its partnership with Blockware by adding 6 MW of capacity at Project Dorothy 1 in West Texas, expected to be completed by February's end, reflecting growth in renewable-powered data infrastructure.