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Currently, mainstream CEX and DEX funding rate displays indicate that the market is once again attempting the 'Elon Musk Short.'

2 hours ago

As of January 15th, data from Coinglass shows the crypto market fully returned to a neutral state yesterday following a recent pullback. However, with Bitcoin reclaiming the key $97,000 level, current funding rates across major centralized (CEXs) and decentralized (DEXs) exchanges indicate the market is attempting a "topping short" move. Bitcoin’s funding rates on leading platforms have flipped bearish, while altcoins have once again posted negative funding rates. Specific rates for major coins are available in the attached image. **BlockBeats Note**: Funding rates are fees set by crypto exchanges to align perpetual contract prices with underlying asset prices. They facilitate fund transfers between long and short traders—exchanges do not collect this fee. The mechanism adjusts traders’ holding costs or profits to keep contract prices close to spot prices. Rate interpretation: - 0.01% = baseline rate - >0.01% = generally bullish market - <0.005% = generally bearish market
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A whale is 3x long on LIT with leverage, currently unrealized PNL is -$2.84M

Jan. 15: Per Onchain Lens monitoring, as LIT’s price dipped below $2, a whale holding a 3x leveraged long position in the token now faces an unrealized loss of over $2.84 million.

5 minutes ago

「Meme Army Front-Running」 section takes profit on the overhyped short position while simultaneously reducing losses on the pump position

Jan 15 – Per monitoring from HyperInsight (Telegram: @HyperInsight), the "Shanzhai Air Force Leader" wallet address made rapid adjustments to two of its short positions: - **HYPE**: The address took partial profits, reducing its HYPE short position by 4,599.65 HYPE (worth ~$114,200). After the cut, its remaining HYPE short position is valued at ~$7.9272 million, with a current floating profit of ~$1.1503 million. - **PUMP**: The address trimmed its losing PUMP short position, selling 39.31 million PUMP (worth ~$102,600). Post-operation, its remaining PUMP short position totals ~$5.1512 million, with a current floating loss of ~$10,390. ### Notes on American English alignment: 1. **Conciseness**: Used "Jan 15" (not "January 15") and abbreviations like "~$114k" (adjusted to full $114,200 for accuracy but kept concise structure). 2. **Natural phrasing**: "Wallet address" (more common in U.S. crypto discourse than just "address"); "trimmed its losing position" (casual yet pre

5 minutes ago

PUMP Tops All Networks in Last Hour Liquidations, $14.3M Longs Liquidated on Chain's PUMP Leaderboard II

January 15th — Per data from HyperInsight and CoinGlass, PUMP saw a short-term drop of ~8.4%, last trading at $0.00264; FARTCOIN plummeted over 13%, last at $0.373. Over the past hour, ~99% of liquidation orders for both tokens on the Hyperliquid platform were long positions, accounting for 97.6% of PUMP’s total liquidations and 95.5% of FARTCOIN’s, respectively. The mass liquidations were primarily driven by whale address 0xbaa — the second-largest on-chain long holder for PUMP and the top long holder for FARTCOIN. Monitoring shows the address’s PUMP longs faced two consecutive large liquidations within 30 minutes, totaling ~$14.32M with a loss of ~$470k. Its next liquidation price for PUMP is around $0.00218. FARTCOIN longs from the address were also liquidated simultaneously, totaling ~$11.16M, with an expected next liquidation price of ~$0.348. As of now, the whale’s total holdings have dropped to ~$5.86M.

5 minutes ago

Arthur Hayes New Post: Expect Trump to Prime the Pump for Election Resilience, Bitcoin to Surge Alongside USD Liquidity Comeback

**Arthur Hayes on Bitcoin, USD Liquidity & 2026 Outlook (Jan 15)** In his latest post *Frowny Cloud*, Arthur Hayes shared the following analysis: - Bitcoin’s 2025 performance, while less stellar than gold, met expectations—it delivered on its core purpose. - Bitcoin’s 2025 underperformance was purely a liquidity story: it dropped alongside falling USD liquidity. Gold and the Nasdaq rallied against the tide due to stronger non-liquidity drivers: sovereign de-dollarization and AI quasi-nationalization. - If USD liquidity expands sharply in 2026 (as expected: Fed restarts money printing, commercial banks strategically lend to key industries, real estate re-leverages), Bitcoin’s rebound will be aggressive. - Current take: Trump will aggressively push credit expansion to “supercharge the economy” — a red-hot economy would boost the GOP’s November re-election chances. USD credit is poised to grow via three channels: ? Fed balance sheet expansion (money printing) ? Commerci

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「Lightning Network Reversal」 Whale Long 557.5 BTC Now $650k in the Red

January 15: Per Hyperinsight analytics (via its Telegram channel at https://t.me/HyperInsight), the "Lightning Hand" whale wallet (0x50b30) currently holds a 557.5 BTC long position with 20x leverage. The average entry price is $96,981.9, and the position has an unrealized loss of $650,000.

5 minutes ago

Top Whale Watch: "BTC OG Insider Whale" Nets $39M Paper Gain, "Strategy Whale" Long Position Reaches $460M

**January 15th Crypto Whale Updates (per Coinbob Popular Address Monitor data)** 1. **BTC OG Insider Whale** Unrealized gains remain unchanged at $39 million overall. - Main holding: ETH long position ($27.8M gain, avg entry $3147, ~$670M position size) - Also holds BTC & SOL longs; total account position ~$837M - Now top holder of ETH/SOL longs on Hyperliquid (positions held >30 days) 2. **CZ Whale** Account flipped from profit to loss, but ETH long remains profitable: - ETH long: $5.3M unrealized gain, ~$190M position, avg entry $3190 - XRP long: $8M unrealized loss, ~$82M position - Total account size ~$280M; largest XRP long + 2nd-largest ETH long on Hyperliquid 3. **ZEC Largest Short** Continued spot buying to hedge FARTCOIN contract shorts (last night/this morning): - Total spot + contract hedging: ~$6.4M - Also closing WLFI short positions - Current total short position ~$174M; largest on-chain ETH short 4.

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