According to @EmberCN, a 1 a.m. upside wick that briefly pushed BTC above $91,000 and ETH above $3,000 tagged the liquidation level of short seller 0xD83...Fd7, triggering roughly $60 million in liquidations source: @EmberCN. His aggregate short exposure fell from about $300 million to $238 million, and his unrealized profit is down from its prior peak source: @EmberCN. The post highlights that max-leverage rolling strategies are highly vulnerable to small counter-trend wicks that can force liquidations source: @EmberCN.

According to @KobeissiLetter, US margin debt rose by 11.3 billion in December to a record 1.23 trillion, marking an eighth consecutive monthly increase and now outpacing S&P 500 gains, source: @KobeissiLetter. Elevated equity leverage increases the risk that shocks in stocks transmit to BTC and ETH via tighter cross asset correlation documented between crypto and equities, source: International Monetary Fund. High leverage also heightens liquidation cascades in crypto derivatives, making funding rates and open interest useful risk signals for traders, source: Bank for International Settlements.

According to Eric Balchunas, Cyber Hornet has filed for an S&P Crypto 10 ETF with ticker CTX, which he believes could be the first S&P-linked spot crypto basket; source: Eric Balchunas on X. He reports the disclosed weights are approximately 69% Bitcoin (BTC), 14% Ethereum (ETH), 5% XRP, 4% Binance Coin (BNB), 2% Solana (SOL), 1% TRON (TRX), with Cardano (ADA) also included; source: Eric Balchunas on X. Balchunas adds that the race for crypto basket ETF supremacy is heating up, indicating intensifying issuer competition for diversified spot exposure products; source: Eric Balchunas on X.

According to @OnchainLens, address 0xa5f deposited $1.82M USDC into HyperLiquid over the past three days and opened high-leverage long positions in BTC at 40x, ETH at 25x, and HYPE at 10x; source: @OnchainLens. The positions are currently valued at $25.9M, comprising 200.67 BTC (~$17.79M), 2000 ETH (~$5.81M), and 104,319 HYPE (~$2.28M); source: @OnchainLens.

According to @lookonchain, after ETH fell below 2,900, trader Machi (@machibigbrother) trimmed part of his ETH long to avoid liquidation. According to @lookonchain, he then deposited 250,000 USDC to Hyperliquid to continue adding to the ETH long. According to @lookonchain, the cited address shows a 4,450 ETH long worth about 12.94 million USD with a liquidation price of 2,841.97 on Hyperliquid, based on Hypurrscan data referenced by @lookonchain.

According to ZachXBT, 4.17K ETH (about $12.4M) was received from MEXC and flowed to wallets 0xd8bc and 0xe0f7a45a491d53f9361d35b4ef9908986d3b37b7, source: https://twitter.com/zachxbt/status/2014685295258558797. Traders can monitor these wallets and any subsequent exchange inflows to gauge short term ETH liquidity and whale behavior; wallet details and flow attribution source: https://twitter.com/zachxbt/status/2014685295258558797.

According to @ai_9684xtpa, Ethereum address 0x8ec6671Cf4B8099b8008A512b03fD2eE4D5F2626 redeemed 6,300 ETH from Renzo over the past five hours and then deposited the funds to Coinbase, with the transfer valued around 18.63 million dollars; source: @ai_9684xtpa on X and Arkham Intelligence address explorer. For traders, the source flags this whale exchange inflow as a potential near term sell signal that could add supply-side pressure on ETH; source: @ai_9684xtpa on X.

According to @ai_9684xtpa, a whale address 0x8ec...F2626 redeemed 6,300 ETH from Renzo over the past 5 hours and then sent the funds to Coinbase, indicating a suspected sell flow that could weigh on ETH in the near term; source: @ai_9684xtpa on X; Arkham Intel address intel.arkm.com/explorer/address/0x8ec6671Cf4B8099b8008A512b03fD2eE4D5F2626. Traders should monitor follow-up transfers from this address and ETH net inflows to Coinbase to gauge confirmation of sell-side liquidity emerging from LRT redemptions; source: @ai_9684xtpa on X; Arkham Intel address intel.arkm.com/explorer/address/0x8ec6671Cf4B8099b8008A512b03fD2eE4D5F2626.

According to @OnchainLens, the "255 BTC Sold" whale closed long positions in BTC, ETH, and SOL with a realized loss of USD 2.86M (Source: @OnchainLens). The trader continues to hold a 5x short in DASH with an unrealized profit of about USD 650K, while total profit fell from USD 25.5M to USD 2.97M (Source: @OnchainLens; HyperBot trader dashboard).

According to @ambergroup_io, about $9M was drained from Yearn’s yETH through a Pi Collapse that exploited the StableSwap invariant without any code bug, indicating a design-level vector rather than a traditional hack. According to @ambergroup_io, this analysis highlights that DeFi positions tied to StableSwap-style liquidity pools face math-driven model risk that can affect LP capital, slippage, and liquidation dynamics, underscoring that DeFi security depends on mathematical invariants as much as smart contract code.

According to Farside Investors, US Ethereum ETFs registered total net outflows of 42 million dollars on 2026-01-22, led by ETHA at negative 44.4 million and ETHW at negative 15.2 million, offset by inflows into ETHE at 7.9 million and ETH at 9.7 million. According to Farside Investors, FETH, TETH, ETHV, QETH, and EZET recorded zero flows on the day, indicating redemptions exceeded creations across US spot ETH funds in aggregate.

According to @ai_9684xtpa, a smart-money wallet withdrew ETH worth about $59.07 million from FalconX roughly 7 hours prior and has accumulated 50,013 ETH since Jan 21 at an average cost near $2,948.13 with an unrealized profit around $896,000; source: @ai_9684xtpa on X and Arkham Intelligence wallet 0xFB78AA8F38843629e89951D9db6FdC398d75e0A3 (https://intel.arkm.com/explorer/address/0xFB78AA8F38843629e89951D9db6FdC398d75e0A3), X posts: https://twitter.com/ai_9684xtpa/status/2014520990307614989 and https://x.com/ai_9684xtpa/status/2014126129939132536. According to @ai_9684xtpa, the same address earlier received 10,000 ETH from Wintermute near a local dip and added 30,000 ETH since yesterday at an average near $2,945.7 with about $973,000 unrealized profit; source: @ai_9684xtpa on X and Arkham Intelligence wallet 0xFB78AA8F38843629e89951D9db6FdC398d75e0A3 (https://intel.arkm.com/explorer/address/0xFB78AA8F38843629e89951D9db6FdC398d75e0A3), X posts: https://twitter.com/ai_9684xtpa/status/2014520990307614989 and https://x.com/ai_9684xtpa/status/2014126129939132536. According to @ai_9684xtpa, traders can monitor this wallet’s cost basis around $2,945–$2,948 and continued inflows from FalconX and Wintermute as potential spot demand signals and soft support, with on-chain follow-through as a cue for ETH momentum; source: @ai_9684xtpa on X and Arkham Intelligence wallet 0xFB78AA8F38843629e89951D9db6FdC398d75e0A3 (https://intel.arkm.com/explorer/address/0xFB78AA8F38843629e89951D9db6FdC398d75e0A3), X posts: https://twitter.com/ai_9684xtpa/status/2014520990307614989 and https://x.com/ai_9684xtpa/status/2014126129939132536.

According to @PeckShieldAlert, an MEV builder has returned approximately 920 ETH (about $2.7M) to the Makinafi recovery multi-sig at 0xc22F...8AB9. According to @PeckShieldAlert, about 276 ETH from the roughly 1,299 ETH (~$4.13M) exploit remains held by a Rocket Pool validator at 0x573D..., with the balances traceable on-chain.

According to @bobbyong, public companies and crypto-focused funds (DATCos) spent $49.7B acquiring crypto in 2025 despite the asset class ending the year lower, based on CoinGecko’s 2025 Annual Crypto Industry Report. According to @bobbyong citing CoinGecko, institutional buying peaked in Q3 with July alone reaching $10.1B, while allocations were led by Bitcoin (BTC) and Ethereum (ETH) and began to include Solana (SOL) and TON. According to @bobbyong and CoinGecko, by year-end DATCos collectively controlled over 5% of total BTC and ETH supply, indicating more concentrated ownership and corporate treasuries acting as long-term holders. For traders, according to @bobbyong and CoinGecko, this shift in flows and ownership highlights tighter liquid float in BTC and ETH and a broadening institutional mandate toward SOL and TON, key factors to monitor for liquidity, basis, and cross-asset rotation. According to @bobbyong, CoinGecko tracks these datasets in detail and provides access via its API.

According to @EmberCN, a whale or institution sold 10,000 ETH at 3,321 USD ahead of the latest downturn and then bought 50,013 ETH over the last two days via Wintermute and FalconX OTC for about 148 million USD at an average price of 2,966 USD. According to @EmberCN, these swing trades have reportedly generated approximately 98.18 million USD in cumulative profit.

According to Lookonchain, OTC whale address 0xFB7 purchased another 20,013 ETH valued around 59.07 million dollars roughly six hours ago. According to Lookonchain, the same address also bought 10,000 ETH worth about 28.97 million dollars earlier while noting the broader market was falling. According to Lookonchain, these back-to-back buys constitute continued ETH whale accumulation via OTC, with the wallet details referenced through Arkham's address explorer.

According to @OnchainLens, whale "0xfb7" purchased 20,013 ETH (about $59M) from FalconX and now holds 80,115 ETH valued at $236.55M. According to @OnchainLens, prior flows included a 10,000 ETH buy from Wintermute and a $58.13M transfer to FalconX. According to @OnchainLens, the tracked addresses are 0xfb78aa8f38843629e89951d9db6fdc398d75e0a3 and 0xd4584bf988c9e8994688b56484e2f74ceaeefb20.

According to @KobeissiLetter, foreign holdings of US Treasuries rose by $112.8 billion in November to a record $9.4 trillion, a milestone traders track for potential impacts on Treasury yields, the dollar, and crypto risk appetite including BTC and ETH. According to @KobeissiLetter, China’s Treasury holdings fell by $6.1 billion to $682.6 billion, the lowest since 2008, a shift that traders watch for changes in demand composition and cross border flows relevant to liquidity conditions. According to @KobeissiLetter, Belgium’s reported Treasury holdings include Chinese custodial exposure, which traders consider when interpreting regional holder changes.

According to Charlie Bilello, Core PCE rose to 2.8% in November, marking the 57th consecutive reading above the Federal Reserve's 2% target and making a rate cut at the upcoming meeting unlikely, with a case even for a hike. Based on Charlie Bilello's view, crypto traders should prepare for a higher for longer rates backdrop by monitoring U.S. yields and the dollar, as tighter financial conditions can pressure liquidity-sensitive assets like Bitcoin (BTC) and Ethereum (ETH).

According to @EricBalchunas, active managers are entering 2026 significantly underweight technology versus SPX, a stance he says was a big reason they underperformed last year, source: @EricBalchunas. He highlights sector-weight comparisons versus SPX compiled by David Cohne showing broad tech underexposure among active funds, source: @EricBalchunas. For crypto-focused traders, this equity positioning is a cross-asset signal to monitor alongside BTC and ETH price action as context for risk appetite, source: @EricBalchunas.