Whale Trader "pension-usdt.eth" Sees Over $6.5M in Losses on 1000 BTC Long Position
Jan. 21 — Per monitoring from HyperInsight (https://t.me/HyperInsight), Bitcoin fell below $88,000 this morning, leaving the leveraged whale address “pension-usdt.eth” with a $6.54 million floating loss on its 3x leveraged BTC long position.
The whale holds 1,000 BTC (valued at ~$91.53 million) in the position, with an average entry price of $95,614.50.
On Jan. 16, “pension-usdt.eth” took profits to close its ETH long position and immediately opened the BTC long position afterward.
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WLFI's New Proposal Sparks Controversy, Community Accuses Team of Vote Manipulation to Exploit Stakers
On January 21, a proposal from World Liberty Fi (WLFI)—the crypto project tied to the Trump family, submitted late in 2025—has sparked controversy in the crypto community.
The proposal calls for using 5% of funds unlocked from WLFI’s treasury to boost the value of its USD1 stablecoin. It was initially rejected by a majority of voters after reaching quorum, until the project team and its partners pushed to reverse the outcome.
Crypto influencer DeFi^2 noted that Bubble Maps data shows most wallets with top votes in the proposal are controlled by the WLFI team or strategic partners, indicating clear vote manipulation. Per the data, the WLFI team holds 33.5% of the total token supply, strategic partners hold an additional 5.85%, and public sale participants only account for 20%.
WLFI token holders have no right to allocate protocol revenue, per the project’s whitepaper: 75% of such revenue goes to the Trump family, while 25% goes to the Wietkoff family. Critics argue the proposal
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HYPE dropping below $21 triggers on-chain whale cascade long liquidation, with a further drop to $20.3 expected to liquidate four major whales.
January 21st — Per HyperInsight monitoring (via
https://t.me/HyperInsight), HYPE’s price dropping below $21 this morning triggered liquidations of multiple major on-chain bullish whale positions.
The largest long position address suspected of possessing HYPE insider info (0x082e) — dormant for months — sent $1 million in collateral to Hyperliquid last night, lowering its long position’s average price from $20.13 to $19.33. The position now totals roughly $29.6M, with an average entry of $38.67 and an unrealized loss of $23.78M (-401%).
Yesterday, the second-largest on-chain long position — the whale linked to the “260M HYPE long liquidation” — faced an additional $7.01M in liquidations, cutting its size from $13.06M to $4.95M. Its unrealized loss stands at $2.28M (-230%), with a next liquidation price of ~$20.6. Whales with addresses starting with 0x666 and 0xa8c also saw liquidations.
The multi-million-dollar whale close
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Crypto Fear & Greed Index Drops to 24, Returning to "Extreme Fear" Zone
On January 21st, alternative data shows the cryptocurrency Fear & Greed Index has fallen to 24—down from 32 the day prior—with a weekly average of 48, signaling a return to "extreme fear" in the market.
Note: The index scores range from 0 to 100, calculated using six key indicators:
- Volatility (25%)
- Market trading volume (25%)
- Social media hype (15%)
- Market surveys (15%)
- Bitcoin’s market dominance (10%)
- Google Trends analysis (10%)
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Skybridge Capital CEO: Bitcoin's long-term outlook remains strong, hoping for the price to return to the $125,000 to $150,000 range
On January 21st, Anthony Scaramucci—founder and CEO of SkyBridge Capital—said at the Davos Economic Forum:
“Despite Bitcoin’s significant drop from last year’s all-time high, its long-term outlook remains solid. This is more about timing than direction. I believe Bitcoin’s fundamentals haven’t changed; if anything, the market has seen a lot of consolidation. I hope Bitcoin returns to the $125,000 to $150,000 range. But that’s just how Bitcoin is… it goes up when it wants. I’m cautiously optimistic; this year will be fine.”
In August 2025, Scaramucci noted he holds a large Bitcoin position and still targets a year-end Bitcoin price of $180,000 to $200,000.
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