On January 31, 2026, Step Finance said several treasury and fee wallets were compromised during APAC hours, with about 261,854 SOL valued near $30 million stolen. CertiK noted the stake authorization had been transferred before withdrawal, and the STEP token fell over 90% within 24 hours as the team stated user funds were not impacted.

Zcash (ZEC) extended a four-day slide to a 13% weekly drop, trading at $322 with a 24-hour decline of 3.25% as volume fell 12% to $450 million. Price action around $310 and derivatives positioning skewed to shorts highlight risk of a move toward $200 if that support gives way.

Bitmine Immersion Technologies, a public crypto treasury firm linked to Tom Lee, is carrying more than $6 billion in unrealized losses on its Ether holdings after the market pullback. The company added 40,302 ETH last week, taking its stash above 4.24 million; Dropstab values the position near $9.6 billion versus an October peak of $13.9 billion.

On Saturday, XRP slid to just above $1.50, marking its weakest level since November 2024 before recovering to more than $1.60. While broader crypto market losses pressured the token, some analysts highlighted a bullish dragonfly doji on the XRP/BTC pair and a hold above the 33 EMA on the monthly chart. Others warned of a possible dead-cat bounce but also pointed to a historical pattern that once preceded gains of up to 1,600% after a similar structure in 2017.

On 31 January, Monero rose to $500.87, up 8.72% from the day's open, before broader selling in Bitcoin pushed XMR back toward $450 support. The analysis noted market sentiment was fearful with a Fear and Greed reading of 18, while BTC neared its $74k weekly swing low. Liquidity clusters sit at $400–$415 and $500, suggesting traders may wait for a sweep.

On 1 February 2026, Tom Lee’s Ethereum-focused vehicle BitMine was estimated to be sitting on roughly $6 billion in unrealized losses from its more than 4 million ETH position. The firm’s average acquisition cost is around $3,800 per ETH, while the asset is trading near $2,300, reflecting about a 40% drawdown. Despite the pressure, BitMine continues to accumulate and stake Ethereum, with the position reportedly unencumbered by margin calls or forced liquidations.

XRP fell 9% in 2026 and touched $1.60, its first nine‑month low, after breaking the $1.80 support. According to Alphractal, a 0.998 correlation to Bitcoin and an 87% altcoin‑BTC linkage keep price action tethered to BTC swings. Despite SoSoValue's noted ETF inflows and RWA TVL rising 11% to $235 million, gains remain muted.

On 1 February 2026 at 06:00, the article reported Toncoin fading near $1.30 with resistance around $1.70, while Ethereum's average fees dropped to about $0.01 after early-2026 improvements and a 2.6 million-transaction day on January 17. It also outlined ZKP's $1.7B target and a 450-day auction model, with 200 million tokens offered per day in the current stage.