A trader closed a long position of 250,000 HYPE, realizing a profit of $19,000

On January 22, Coinglass data shows Bitcoin dropped below $88,000 in early morning trading. After Trump stated he would not impose tariffs on Greenland, Bitcoin rebounded above $90,000. However, current funding rates across major CEXs and DEXs signal bearish market sentiment, with strong bearish outlooks on top coins like SOL and BCH. **BlockBeats Note**: A funding rate is a fee set by crypto exchanges to balance contract prices with underlying asset values—typically for perpetual contracts. It’s a fund transfer between long and short traders; exchanges do not charge this fee. Its goal is to adjust holding costs/profits for traders, keeping contract prices aligned with underlying assets. - A 0.01% rate is the baseline. - Rates **above 0.01%** signal broad bullishness. - Rates **below 0.005%** signal broad bearishness.

Binance Alpha will list FIGHT (FIGHT) on January 22 at 7:00 PM GMT+8, and eligible users can claim an airdrop. Users with at least 231 Alpha Points qualify for a first-come, first-served airdrop of 2,000 FIGHT tokens. If the reward pool isn’t fully distributed, the points threshold will automatically drop by 5 points every 5 minutes. Note: Claiming the airdrop will use 15 Alpha Points. Users must confirm receipt of the airdrop on the Alpha event page within 24 hours—otherwise, the airdrop will be forfeited.

On January 22, Binance is set to list the ELSA perpetual contract, per official sources.

January 22 – Official sources confirm Binance Wallet’s custom network feature is now fully launched. The feature works across both the app and plugin versions, letting users: - Add any EVM-compatible network anytime - Pre-plan new chain airdrops and testnet tasks - Freely explore dApps across the entire ecosystem Note: Only EVM-compatible networks are supported currently. The mobile app requires version 3.9.0+, and the plugin needs version 1.5.0+.