「Strategy Opponent Liquidation」: Short-Term Intensive Selling of Long Positions, Nearly $50 Million in BTC and ETH Longs Have Been Fully Closed

On January 19, LookOnChain data indicates an address linked to Fenbushi Capital deposited 7,798 ETH (valued at roughly $25 million) into Binance following two years of staking.

January 19th, per monitoring from HyperInsight (Telegram: @HyperInsight), the "Battle King" trader closed a 40x-leveraged long position of 73.49 BTC for a profit of $6,063, then immediately went long on 249.23 ETH with 20x leverage at an average price of $3,210.2. The wallet address has executed 176 transactions: only 4 of these resulted in a total loss of $5,191.12, while the remaining 172 were all closed with realized profits, yielding a total account profit of $345,700.

On January 19, the ETHGas Foundation announced that the GWEI airdrop snapshot has been completed. The snapshot was captured at 08:00 on January 19, 2026. Next steps include: - Airdrop eligibility checks opening at 21:00 on January 20 - Community airdrop distribution launching at 21:00 on January 21 Eligibility is based on two criteria: 1. Historical gas consumption on the Ethereum mainnet 2. Social and community engagement with the Gasless Future project The foundation stressed that eligible users must meet specific historical gas consumption thresholds (tracked via Gas ID to monitor Ethereum mainnet gas spending). They also need to join key community activities, including sharing their Gas ID on X and participating in social actions tied to the Open Gas Initiative.

Jan 19th — Bitcoin saw a sharp drop this morning, plummeting more than $3,000 in two hours and sliding from $95,400 to under $92,000. Over that window, the largest single liquidation on the network hit $25.83 million, with the trade occurring on the Hyperliquid platform. Notably, as of press time, total Bitcoin contract holdings across the network have reached 663,900 BTC — up roughly 14,000 BTC from the prior day.

On January 19, monitoring from HyperInsight (via its Telegram channel @HyperInsight) shows a crypto whale opened an 80-BTC long position with 40x leverage at 17:03, with an average entry price of $93,141.4. Prior to this, the same whale had opened a 50,000-HYPE long position with 10x leverage at an average entry price of $24, leaving the account slightly in the red.

**January 19 (Ember Monitor) – A trader has rolled $1.8 million in profits from an ETH short into a BTC short, per data from the tracker.** - **ETH Short Details**: 31,093 ETH position (valued at $99.87M), entry price $3,270, liquidation price $3,264, profit: $1.8M. - **BTC Short Details**: 563 BTC position (valued at $52.48M), entry price $92,623, liquidation price $96,057, loss: $280k. **Key Context**: The trader’s $3M USDC principal now supports a $152M total short position, with effective leverage up to 35x—placing liquidation levels in very close proximity. ### Notes on American English Adaptations: 1. **Date Format**: Uses *Month Day (Year)* (no comma after day in casual news style). 2. **Abbreviations**: Shorthand like `M` (million) and `k` (thousand) is standard in U.S. financial media. 3. **Conciseness**: Prioritizes scannable bullet points and direct phrasing (avoids redundant wording). 4. **Terminology**: Aligns with U.S. crypto slang (e.g., "tracker" for *