A whale just closed a 1004 ETH short position, making a $32,000 profit

As of January 20th, Coinglass data shows centralized exchanges (CEXs) posted a net outflow of 2,602.96 BTC over the past 24 hours. The top three CEXs by outflow volume: - Kraken: 2,082.81 BTC outflow - Bybit: 890.71 BTC outflow - Coinbase Pro: 765.72 BTC outflow Separately, Binance recorded an inflow of 1,030.68 BTC, topping the inflow rankings.

**Bloomberg (Jan. 20) — Cryptocurrency has added roughly $1.4 billion to the Trump family’s wealth over the past year, marking the first time crypto accounts for nearly one-fifth of their total assets.** As Donald Trump begins his second presidential term, his personal and family asset structure has shifted significantly from his first term in office. The report notes that in addition to traditional real estate and brand licensing, Trump has added a social media company, a crypto platform he co-founded, and Trump-named meme coins to his portfolio. This signals crypto and digital businesses are now key drivers of the Trump family’s wealth growth, deepening the overall tie between their assets and the crypto industry.

On January 20, the Bloomberg Editorial Board noted that while U.S. Congress is trying to build a legal framework for digital assets to boost innovation and curb illegal activity, this effort may not work given weakened regulatory authority and insufficient resources. The piece highlighted two key bills: - The stablecoin regulation bill “Genius Act” would spread core oversight responsibilities across multiple regulators. The lead agency—the Office of the Comptroller of the Currency (OCC)—has faced major setbacks from layoffs and cyberattacks. - The “Clarity Act” could weaken the U.S. Securities and Exchange Commission (SEC) by shifting oversight of most tokens to the Commodity Futures Trading Commission (CFTC). However, the CFTC’s budget is just one-sixth of the SEC’s, and it also lacks manpower and enforcement capacity. Additionally, the Consumer Financial Protection Bureau (CFPB)—once tasked with handling crypto-related consumer complaints—has been effectively dismantled, fu

As of January 20th, Blockworks data shows Solana's staking rate has climbed to 68.8%—a new all-time high.

Jan. 20 — Portugal’s gambling regulatory authority SRIJ has ordered the blocking of crypto prediction market Polymarket, ruling its operations in the country illegal, and demanded the platform stop serving Portuguese users within 48 hours. Local internet service providers (ISPs) will block access if the platform fails to comply. The regulator noted Polymarket lacks authorization to offer online gambling services in Portugal, and Portuguese law explicitly bans betting on domestic or international political events. The platform remains accessible in Portugal despite receiving a correction notice earlier. During the 2026 Portuguese presidential election, abnormal trading activity was spotted on Polymarket: Hours before official results were announced, betting volume surged, with over €4 million flowing into related markets—sparking widespread concerns about premature exit poll leaks and "insider trading." Data shows total trading volume on the main 2026 Portuguese presidential el

**January 20th (Coinglass Data):** Bitcoin falling below $90,000 would drive $502 million in cumulative long liquidation intensity across major centralized exchanges (CEXs). Conversely, a breakout above $93,000 would trigger $767 million in cumulative short liquidation intensity on those platforms. **BlockBeats Note:** Liquidation charts do not show the exact number or value of contracts subject to liquidation. The bars instead reflect the relative importance of each liquidation cluster compared to adjacent clusters—i.e., "intensity." This means the chart illustrates how heavily the underlying price will be impacted at a given level: A higher bar signals a more intense price reaction due to a liquidity surge.