Step Finance Hacked, Around $30 Million of SOL Stolen

Jan. 31 — On-chain data reveals Yi Li Hua’s Trend Research has deposited 175,800 WETH (valued at roughly $445 million) on AAVE V3, and borrowed ~274 million USDT, with a loan-to-value (LTV) ratio of 1.34. The position remains relatively safe: it would only face potential liquidation if Ethereum’s price plummets to an extreme $1,558. Additional collateral can still be added amid market downturns. Yesterday, Trend Research withdrew 109 million USDT from Binance and deposited it into Aave to mitigate the risk of liquidation on its Ethereum holdings.

Jan. 31: Bitcoin fell below $81,000, posting a 2.7% 24-hour drop, per HTX market data.

January 31 – Per HyperInsight monitoring, the "BTC OG Insider Whale" had its Ethereum (ETH) long position partially liquidated. The position’s value dropped from $570 million to $470 million, while unrealized losses widened to $117 million. The whale also holds a $56 million long position in Solana (SOL) with $10 million in unrealized losses, plus a $46 million long position in Bitcoin (BTC) with $5.6 million in unrealized losses.

Jan 31 – Per Coinglass data, the global crypto network recorded $128 million in liquidations over the past hour, with long positions accounting for $127 million. Over the past 24 hours, 185,732 traders worldwide have been liquidated, totaling $713 million in value. The largest single liquidation occurred on Hyperliquid: a $13.3899 million ETH-USD position.

Bitcoin dropped below $82,000 on January 31, per HTX market data, posting a 1.3% 24-hour decline. ### Notes on American English adjustments: 1. **"Per" instead of "according to"**: More concise and common in financial/quick updates. 2. **"Posted a decline"**: More natural than "with a decrease of" for tracking market moves. 3. **Clear structure**: Places the key event (price drop) first, then context (date, data source). 4. **Standard abbreviation**: "Jan." is acceptable, but "January 31" is also widely used in formal quick reports. If aiming for extra brevity (common in crypto news alerts): *Bitcoin fell below $82k on Jan. 31, per HTX data, with a 1.3% 24-hour drop.* (Using "$82k" and "Jan." is common in U.S. digital news for readability.)