Suspected Sonic Labs-Related Address Transfers 11.78 Million S Tokens to Binance, Valued at Approximately $5.55 Million

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.

**January 20th Brief** U.S. President Trump publicly stated he will never back down on "controlling Greenland," even raising the possibility of using force—triggering fierce pushback from European allies and putting the longstanding U.S.-Europe security and trade alliance at serious risk of fracture. Trump posted multiple AI-generated images on social media, declaring his intent to claim Greenland’s sovereignty from Denmark and criticizing European allies including France. This follows his prior threat to impose tariffs of up to 200% on French wine and champagne, escalating trade tensions anew. The EU is evaluating countermeasures: these include tariffs on roughly €93 billion worth of U.S. goods and deploying "anti-coercion tools" to restrict U.S. companies’ investments, services, and financial activities in the bloc. Danish officials bluntly noted the issue is no longer just a Danish concern but a matter affecting the entire transatlantic relationship. While U.S. Treasury

As of January 20th, HyperInsight (tracked via https://t.me/HyperInsight) has monitored notable whale position shifts between 10:00 AM and 8:00 PM ET today: **Bull Camp** - A whale closed a 242 BTC long position, incurring a $1.042 million loss. - A “Lightning Reversal” whale opened a 99.8 BTC long position while shorting 6,355 ETH, launching a hedge. **Bear Camp** - The “20 Million Ranges Hunter” continued adding to its XMR short position: shorting 8,383 XMR with 5x leverage (now the largest on-chain XMR short). - The “Strategy Nemesis” closed BTC and ETH long positions for a total $324,000 loss; it then shorted 7,300 DASH (5x leverage, largest on-chain DASH short) and 2,078.55 BTC (20x leverage).

On January 20th, geopolitical tensions escalated after Trump issued a tariff threat against European nations that opposed his proposal to "take over Greenland"—pushing Bitcoin and major cryptocurrencies lower alongside Nasdaq futures. Beyond macro bearish developments, internal market mechanics could further amplify price volatility. Data shows Bitcoin options market makers are currently in a negative gamma exposure range of $86,000 to $95,000. When in negative gamma, market makers hedge risk by passively buying on price gains and selling on dips—exacerbating market swings. Markets are also monitoring the risk of a potential Supreme Court ruling on Trump’s tariff policy. Analysts note an unfavorable ruling could spark near-term volatility in trade policy, fiscal deficit outlooks, and other areas. In traditional markets, the U.S. 10-year Treasury yield hit a four-month high of 4.37%, the dollar weakened, and U.S. stock futures faced pressure—signaling broad pressure on U.S. equ