If Bitcoin drops below $88,000, the mainstream CEX long liquidation pressure will reach 638 million.
On January 23, Coinglass data shows that if Bitcoin drops below $88,000, total long liquidation strength across top centralized exchanges (CEXs) will hit $638 million.
Conversely, should Bitcoin climb above $91,000, total short liquidation strength on these mainstream CEXs will reach $1.034 billion.
BlockBeats Note: Liquidation charts do not display the exact number or value of contracts subject to liquidation. Instead, the bars represent each liquidation cluster’s relative importance to adjacent clusters—i.e., its "strength."
This means the chart illustrates how sharply the underlying asset’s price will react when hitting a specific level. A taller liquidation bar signals a more intense price response driven by a liquidity cascade.
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Cryptocurrency Fear and Greed Index Rises to 24, Market Still in 'Extreme Fear' Zone
Jan 23 — Per Alternative Data, today’s cryptocurrency Fear & Greed Index has climbed to 24 (up from 20 yesterday), with a weekly average of 49. This signals the market remains in the “extreme fear” zone.
Note: The Fear & Greed Index ranges from 0 to 100 and is calculated using these indicators: Volatility (25%), Market Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin Dominance (10%), and Google Trends (10%).
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Trump Calls for ‘Full Access’ to Greenland, NATO Moves to Boost Arctic Security Amid Agreement Details Uncertainty
On January 23, former U.S. President Trump announced the U.S. had secured “full and permanent” access to Greenland via a NATO framework agreement, with no stated time limit. NATO Secretary-General Jens Stoltenberg also called on allies to step up Arctic security efforts to counter Russian threats.
However, no specific details of the agreement have been released. Denmark reiterated Greenland’s sovereignty is non-negotiable, saying current talks focus solely on Arctic security cooperation. Greenland’s prime minister also cited a lack of clarity on the agreement’s specifics, noting sovereignty is a “non-negotiable red line.”
Sources indicate the U.S., Denmark, and Greenland may hold further negotiations to update their 1951 military access agreement and discuss restricting Russian investments in the region. The development has stoked concerns in the EU over transatlantic ties, while Greenlandic locals express uncertainty about their future.
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The U.S. House of Representatives did not pass a resolution aimed at limiting Trump's ability to use military force against Iran.
On Thursday, January 23rd, U.S. House Republicans rejected a resolution that would have barred President Trump from taking additional military action in Venezuela without congressional authorization, in a 215-215 vote.
Days earlier, a similar measure failed to clear the Senate. In the closely divided House, the vote largely fell along party lines: all Republicans voted against the resolution except Nebraska’s Don Bacon and Kentucky’s Thomas Massie, while every Democrat supported it.
The narrow vote underscores concerns within Congress—including among some Republicans—about Trump’s foreign policy. Increasingly, support is growing for the constitutional principle that the power to deploy U.S. forces into combat belongs to Congress, not the president.
(Wall Street News)
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Bitmine re-staked 171,264 ETH, bringing the total staked amount to 1.9432 million ETH
OnchainLens data shows Bitmine staked another 171,264 ETH on January 23rd, worth approximately $503.24 million. To date, the address has a total staked ETH of 1,943,200, valued at roughly $5.73 billion.
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A Whale Once Again Increases Holdings by Over 20,000 ETH, Total Holdings Rise to 80,115 ETH
January 23rd: Per OnchainLens monitoring, whale address 0xfb7 has once again purchased 20,013 ETH from FalconX—valued at roughly $59 million.
As of now, the whale holds a total of 80,115 ETH, with an approximate combined value of $236.55 million.
Related addresses:
0xfb78aa8f38843629e89951d9db6fdc398d75e0a3
0xd4584bf988c9e8994688b56484e2f74ceaeefb20
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