If Bitcoin drops below $90,000, the mainstream CEX liquidation pressure will reach $502 million

On January 20, AI-powered derivatives trading platform Perpetuals.com (PDC) — founded by former core members of FTX Europe (FTX EU) — officially launched, with its shares beginning trading on the Nasdaq exchange Tuesday. The launch follows the business integration of Perpetual Markets Ltd. into Earlyworks Co. The platform offers regulated 24/7 self-clearing trading and blockchain-powered settlement technology, per the company. Following the bankruptcy of FTX’s parent company, Patrick Gruhn and Robin Matzke repurchased FTX EU’s remaining assets via a lengthy legal process and quietly built the Perpetuals platform. Gruhn noted the process yielded massive retail trading data, which the company used to train its AI and machine learning systems. Perpetuals’ AI system is trained on more than 10 million transaction histories from major crypto exchanges, enabling it to analyze market sentiment and calculate individual traders’ profit/loss probabilities. This helps options issuers, liq

On January 20th, per EmberCN monitoring data, Easy Goer—an address affiliated with Trend Research—continued withdrawing 7,960 ETH (valued at roughly $24.74 million) from Binance. Today alone, the entity has purchased a total of 17,899 ETH (worth ~$55.58 million). As of now, the institution holds 644,000 ETH in total, with an approximate value of $2 billion.

Ethereum (ETH) dropped below $3,100 on January 20th, per HTX market data, with a 3.94% decline over the past 24 hours.

January 20: Bitcoin has dipped below $91,000, posting a 2.30% 24-hour decline, according to HTX market data.

Jan. 20 — Per Coinglass data, if Ethereum dips below $3,000, the cumulative long liquidation value tied to the intensity cluster at this level across major centralized exchanges (CEXs) will reach $693 million. Conversely, if Ethereum breaks above $3,200, the cumulative short liquidation value linked to the corresponding intensity cluster at top CEXs will hit $1.02 billion. BlockBeats Note: Liquidation charts do not display the exact number or value of contracts being liquidated. The bars instead reflect the relative importance of each liquidation cluster compared to adjacent clusters — that is, "intensity." As a result, these charts show how strongly the underlying asset’s price will react when it hits a specific level. A taller "liquidation bar" signals a more intense price reaction driven by a liquidity cascade.

Strategy increased its Bitcoin (BTC) holdings by 22,305 coins last week (ending January 20), with an average purchase price of $95,284 per coin.