Amidst the deep winter of the market, crypto executives are accelerating their "exits," with three executives announcing career changes within two days.

BTC-4,55%

BlockBeats News, February 6 — Over the past two weeks, the crypto market has experienced a deep downturn, with Bitcoin rapidly falling from its high of $90,000 and barely holding above the $60,000 mark. However, the intense bear market feeling is not only reflected in the price. In the past 48 hours, three executives have publicly announced their career changes.

In addition to Kyle Samani, co-founder of Multicoin, who is considered a leading figure in the industry, ZKsync CTO Anthony Rose (@anthonykrose) and Eigen Labs Director of Developer Relations Nader Dabit have also left the industry one after another.

Amid the weak price performance, the wave of executive departures in the crypto industry may be a concentrated manifestation of cyclical industry pressures combined with personal choices.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin 2026 ETF Sell-Off Purifies the BTC Bull Case, Analysis

Bitcoin (CRYPTO: BTC) stands at a turning point as institutional participation deepens and exchange-traded products reshape the trajectory of the largest crypto asset. Eric Jackson, founder of EMJ Capital, describes a coming wave of “purification” in which long-horizon capital becomes a more

CryptoBreaking10m ago

2026 Will Be Awesome for Bitcoin: Investor Fred Krueger - U.Today

Prominent investor Fred Krueger predicts a bullish outlook for Bitcoin in 2026, echoing fellow trader Willy Woo's sentiment that bear markets strengthen BTC. Meanwhile, Michael Saylor's strategy faces significant losses but continues to accumulate Bitcoin, highlighting contrasting approaches in the current volatile market.

UToday13m ago

"Strategy Opponent Position" closes BTC and ETH short positions for profit, and reverses to build a $12 million BTC long position

According to BlockBeats, the whale address "Strategy Opponent" recently closed large-scale BTC and ETH short positions. After securing substantial profits, it established a 40x leveraged BTC long position, with a position size of $11.97 million, earning $2.85 million in the past 7 days. This address is considered a market participant opposite to MicroStrategy.

GateNewsBot17m ago

Satoshi Nakamoto Loses $62.6B as Bitcoin Crashes

The Satoshi Nakamoto Bitcoin loss has shocked even seasoned crypto investors. Bitcoin’s mysterious creator holds an estimated 1.1 million BTC. At Bitcoin’s all time high, that stash stood near unimaginable levels. Since the peak, however, roughly $62.6 billion in unrealized value has disappeared. T

Coinfomania19m ago

Arizona State Senate Rules Committee passes the Digital Asset Reserve Fund Bill, which will be submitted for full Senate vote.

The Arizona State Senate advances SB 1649, proposing the establishment of a "Digital Asset Strategic Reserve Fund" managed by the State Treasurer's Office, allowing the state treasurer to invest and lend seized digital assets. The bill has passed multiple committees, explicitly listing Bitcoin and other digital assets as qualified assets and setting a benchmark threshold. The bill emphasizes that it will not increase the state's fiscal risk.

GateNewsBot28m ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)