Yesterday, the US Spot Bitcoin ETF saw a net outflow of $8.178 billion, marking the third consecutive day of net outflows.
Jan 30: U.S. spot Bitcoin ETFs recorded a net outflow of $817.8 million yesterday, per Farside monitoring, marking the third straight day of net outflows.
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Binance BTC/USDT 24h Trading Volume Hits $3.422 Billion, SAFU Conversion Scale Accounts for About One-Third
Jan 30 — Per official figures, BTC/USDT trading volume on Binance hit $3.422 billion over the past 24 hours, signaling sustained high Bitcoin trading activity.
Previously, Binance announced it would gradually convert the $1 billion stablecoin reserves in its SAFU Fund to Bitcoin, targeting completion within 30 days. Based on current volumes, this conversion amount equates to roughly 34% of the BTC/USDT volume recorded in the past 24 hours.
Binance also noted that if Bitcoin price swings push the SAFU Fund’s value below $800 million, it will replenish Bitcoin to restore the fund to its $1 billion target size. The market is closely watching this development, as it could further bolster Bitcoin’s liquidity support and sentiment resilience amid ongoing market volatility.
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Bitcoin Surges Above $83,000
On Jan. 30, Bitcoin rebounded to break above $83,000, with its 24-hour drop narrowing to 5.60%, per HTX market data.
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Binance Plans to Purchase $1 Billion Bitcoin, Funded by SAFU Fund
On January 30, Binance announced it will gradually convert its $1 billion stablecoin reserve into Bitcoin, with the conversion set to finish within 30 days. If the market value of the converted assets falls below $800 million due to volatility, Binance will replenish BTC to restore the reserve’s value to $1 billion.
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Binance Response to Recent Publicity: SAFU Fund to Convert to Bitcoin Reserve, Discloses Risk Management and Compliance Achievements
**Binance China Issues Open Letter to Crypto Community Amid Market Concerns**
On January 30, Binance China released an "Open Letter to the Crypto Community" addressing recent market and community concerns. The platform stated that as it scales, industry fluctuations impact its performance—and it will uphold higher standards, enhancing governance, risk control, and transparency.
Key highlights:
- **Asset Recovery**: Helped users recover 38,648 mis-deposited assets valued at $48 million in 2025; cumulative recovery exceeds $1.09 billion.
- **Risk Control**: Assisted 5.4 million users in risk identification annually, preventing ~$6.69 billion in fraud losses.
- **Law Enforcement Collaboration**: Partnered with global law enforcement to combat $131 million in illicit activity.
- **Listings & Ecosystem**: By 2025, spot listings cover 21 public chains (focus on ETH, BSC, SOL); 13 new public chains onboarded.
- **Asset Transparency**: As of end-2025, reserve proof covers ~$162
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「ETH Bear Whale」 Liquidation Short Day Profit Reaches $6 Million, Cumulative Profit Exceeds $80 Million
On January 30th, data from the Coinbob Popular Address Monitor (https://t.me/Coinbob_track_CN) shows that the "ETH Bear Whale" (address 0x20c) has amassed over $11 million in floating profits while continuously shorting ETH, with a return on investment (ROI) of 345%.
The address has earned approximately $6.3 million in the past 24 hours, and its total historical profits exceed $80 million—with its maximum drawdown consistently remaining below 20%.
Currently, it holds a 25x leveraged ETH short position valued at around $84 million, with an entry price of $3,117, a liquidation price of $3,674, and a current floating profit of roughly $11.5 million. Beyond gains from price fluctuations, it has also accumulated approximately $6.9 million in profits from funding rates.
As one of the active on-chain ETH bears, this whale frequently adjusts its positions and leverage via intraday scalping, demonstrating a flexible trading style. Of its $80 million in total profits, nearly $50 million
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