YaKaTuRe

On February 1, 2026, the cryptocurrency market once again faced severe turbulence. Bitcoin$BTC 's daily drop expanded to 3.6%, briefly falling below the critical threshold of $92,000, Ethereum$ETH dropped below $3,200, and Altcoins like Solana saw declines exceeding 8%. The total liquidation amount across the network quickly approached $800 million, with the market's total value evaporating by approximately $100 billion in a single day.
This major drop is not an isolated event, but rather an inevitable result of the interplay of three factors: macro sentiment, regulatory dynamics, and changes in market structure. The industry changes reflected behind this event warrant deeper reflection from investors.

1. Source of the Major Drop: Concentrated Outbreak of Cross-Market Transmission and Structural Contradictions

A permanently valid 'regret medicine' that allows investors to withdraw from public offering projects at any time. This is not a fantasy, but an innovative prescription offered by the 'DeFi godfather' Andre Cronje for his new project Flying Tulip.
On February 3, 2026, the integrated on-chain financial protocol Flying Tulip, led by Yearn.finance founder Andre Cronje, will officially launch its public sale of the native token FT on the CoinList platform.
This public offering plan aims to raise 200 million dollars, accounting for 20% of the total supply of FT tokens, with a fixed token price of 0.10 dollars, corresponding to a fully diluted valuation of 1 billion dollars. The market has shown astonishing enthusiasm for AC's return, with soft commitments exceeding 1.36 billion dollars before the public sale has even started.