If Bitcoin drops below $88,000, the mainstream CEX long liquidation pressure will reach 638 million.

Jan 23: OnchainLens monitoring shows "Buddy" (Huang Licheng)'s address has again deposited 250,000 USDC into HyperLiquid, continuing to scale up his ETH long position with 25x leverage. Current position breakdown: ~$12.11M in size, holding 4,100 ETH; entry price $2,944.95, unrealized profit $73,000, liquidation price $2,888.40.

As of January 23, Coinglass data indicates that centralized exchanges (CEXs) saw a net Bitcoin (BTC) inflow of 5,024.49 BTC over the past 24 hours. The top three CEXs by inflow volume are: - Binance: 4,039.50 BTC net inflow - Coinbase Pro: 715.17 BTC net inflow - Bitfinex: 441.94 BTC net inflow Additionally, Gemini recorded the largest net outflow at 468.36 BTC.

January 23 — Farcaster Founder Dan Romero Clarifies Platform Not Shutting Down, Addresses Market Rumors Addressing recent market rumors, Farcaster founder Dan Romero issued a clarification confirming the platform has not shut down. The protocol is currently operating smoothly and will continue running going forward. Data indicates Farcaster counted roughly 250,000 Monthly Active Users (MAU) in December 2025, with over 100,000 funded on-chain wallet addresses. Romero noted Farcaster’s acquirer, Neynar — a venture-backed startup — plans to steer the platform toward a more developer-centric direction moving forward, not discontinue it. Additionally, Romero touched on his other project, Merkle, revealing the team has decided to fully refund the $180 million it raised from investors. He added that over the past five years, the team has consistently strived to be a responsible steward of investor capital. Romero also clarified the funds used for real estate purchases came from Co

**Jan. 23 (Reuters) — Former President Donald Trump said Wednesday he’s finished interviewing candidates for the next Federal Reserve chair, hinting the pick is a “highly respected, extremely well-known” heavyweight set to replace current Chair Jerome Powell when his term expires in May. Trump noted he’s “almost down to one person” for the role but didn’t name the finalist. Publicly known contenders include National Economic Council Director Kevin Hassett, BlackRock Fixed Income chief Rick Rieder, current Fed Governor Christopher Waller, and ex-Governor Kevin Warsh. Trump has hinted Hassett is more likely to stay in the White House than take the Fed post. Notably, Trump’s recent public praise of Rieder as “impressive” has boosted his nomination odds sharply. Prediction market Kalshi shows Rieder’s probability has climbed to 33% — double his level earlier this week and up from just 3% 10 days ago. Former Fed Governor Warsh still leads with 45% odds, though his lead has shrunk.

**January 23 — BitGo, the cryptocurrency custody and infrastructure firm (ticker: BTGO), debuted on the New York Stock Exchange (NYSE) today, with its first-day trading price jumping roughly 20% from its $18 IPO price. The stock hit an intraday market cap peak of $2.6 billion.** **The IPO included 11.8 million shares, priced above BitGo’s original $15–17 range. It raised approximately $213 million for the company and select shareholders, with a valuation exceeding $20 billion. The strong debut is seen as a positive signal for a potential active IPO cycle in 2026.** **Founded in 2013, BitGo was among the earliest crypto firms to launch a multi-signature digital wallet. It has since expanded into digital asset custody, trading, and digital banking services, serving both institutional and retail clients.** **Per recent SEC filings: BitGo posted $35 million in profit and $10 billion in revenue for the first three quarters of 2025. It turned its first full-year profit in 2024, with

On January 23, monitoring from HyperInsight (via https://t.me/HyperInsight) shows a whale address labeled "Heavy Long Position in Precious Metals" holds an unrealized profit of over $470,000, with the following breakdown: - $340,000 in gains from a 10x long position on PAXG; - $55,000 in gains from a 10x long position on xyz:GOLD; - $72,000 in gains from a 5x long position on xyz:SILVER. The address’s tokenized gold contract position has expanded to $4.96 million. Whale Address: 0x271ce82149c67fae0d2a39571707f382fe425014