Tencent Finance: A certain fund in Hong Kong started bottom-fishing on February 6th

According to Odaily, bitcoin experienced its largest weekly decline in three years over the past week. February 5th became an unexpected day for crypto market investors: bitcoin fell by 13% that day, marking its largest single-day drop since June 2022, and briefly fell below $61,000 in the early hours of February 6th. During this sharp correction, crypto veteran Yi Lihua "cut his losses" by selling 400,000 ethereum within a week, incurring a loss of $700 million and becoming the top "whale" ruthlessly hunted in this round of the crash. However, some funds buying the dip have already started to act, with a Hong Kong-based fund beginning to enter the market on February 6th, though the specific scale is still unknown. Some optimistic observers believe that this crypto winter may end faster than previous ones. Currently, apart from Yi Lihua, there have been no major wealthy individuals or leading companies going bankrupt or falling into crisis, and no institutions have been accused of violations—situations that have repeatedly triggered investor confidence crises during past market crashes.