Binance launches FX perpetual futures under TradFi Perps with first contract live Sept. 21 offering up to 100x leverage.

Polymarket launches crypto perpetual futures with up to 20x leverage, expanding into derivatives trading for BTC and other assets.

Bitcoin traders saw $3.49 billion in leveraged short positions liquidated yesterday during one of the largest single-day rallies.

CME launches bitcoin volatility derivatives allowing bets on BTC swings as Monarq and DV Chain execute first trades with price at $63444.59.

Goldman Sachs applies for ETF selling Bitcoin options to generate investor income, amid BTC price at $74048.44 and bullish trends.

According to @CoinMarketCap, Bitcoin (BTC) open interest has fallen 31% since October, indicating market deleveraging and purging excess leverage, citing CryptoQuant as the data source, source: @CoinMarketCap on X Jan 15, 2026; CryptoQuant. CryptoQuant states that such deleveraging historically aligns with significant market bottoms, source: CryptoQuant via @CoinMarketCap on X Jan 15, 2026.

According to @BullTheoryio, Bitcoin BTC fell 1,800 USD in about 90 minutes with roughly 80M USD of long positions liquidated, then rebounded 1,400 USD in the next 15 minutes with about 20M USD in short positions liquidated, source: @BullTheoryio on X dated Jan 15, 2026. According to @BullTheoryio, this two-way swing totaling around 100M USD in liquidations within 105 minutes signals ongoing leverage hunting and elevated whipsaw risk in BTC derivatives, source: @BullTheoryio on X dated Jan 15, 2026.

According to @cas_abbe, Bitfinex BTC long positions are rising parabolically and resemble the positioning pattern seen in Q1 2025 (source: Cas Abbé on X, Nov 21, 2025). A rapid build-up of longs on a single venue indicates crowded leverage and typically forces funding higher, increasing downside liquidation risk if price reverses (source: Bitfinex derivatives and funding documentation). Traders can confirm the positioning via Bitfinex margin/derivatives data and monitor BTC funding rates and any divergence between rising longs and flat price as a potential long-squeeze set-up (source: Bitfinex exchange data). If the Q1 2025-style pattern repeats, intraday volatility and cross-venue spillovers in BTC perpetuals and spot may increase as arbitrage reacts to imbalances (source: Bitfinex market structure materials and the historical comparison cited by Cas Abbé).

According to @OnchainLens, the trader address 0x85C deposited 2.5 million USDC to HyperLiquid and opened a third BTC short position with 40x leverage. According to @OnchainLens, the same address realized a total profit of 422,000 dollars across two BTC trades in the past 24 hours, with one win and one loss. According to the HyperBot trader page for 0x85C6B6..., the activity is recorded on HyperLiquid, corroborating the positioning reported by @OnchainLens.

According to Altcoin Daily, CoinW is ranked Top 4 for futures on CoinGecko, reports over 15 million users, and exceeds $5 billion in daily trading volume (source: Altcoin Daily post on X). According to Altcoin Daily, CoinW launched a Futures Protection Program in May 2025 that offers up to 500,000 USDT per month to cover risks and liquidations (source: Altcoin Daily post on X). According to Altcoin Daily, the post states that 2 million USDT has already been invested through the program to assist more than 40,000 users (source: Altcoin Daily post on X). According to Altcoin Daily, the update is tagged #partner and directs users to follow @CoinWOfficial, signaling a sponsored announcement relevant to BTC and altcoin derivatives traders evaluating venue scale and risk-coverage features (source: Altcoin Daily post on X).