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Current mainstream CEX and DEX funding rate displays market still leaning bearish

2 hours ago

On January 22, Coinglass data shows Bitcoin dropped below $88,000 in early morning trading. After Trump stated he would not impose tariffs on Greenland, Bitcoin rebounded above $90,000. However, current funding rates across major CEXs and DEXs signal bearish market sentiment, with strong bearish outlooks on top coins like SOL and BCH. **BlockBeats Note**: A funding rate is a fee set by crypto exchanges to balance contract prices with underlying asset values—typically for perpetual contracts. It’s a fund transfer between long and short traders; exchanges do not charge this fee. Its goal is to adjust holding costs/profits for traders, keeping contract prices aligned with underlying assets. - A 0.01% rate is the baseline. - Rates **above 0.01%** signal broad bullishness. - Rates **below 0.005%** signal broad bearishness.
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A whale force-closed a 90.23 BTC short position, losing $12,300

On January 22, monitoring data from HyperInsight shows a crypto whale closed a 90.23 BTC short position at 16:43, incurring a $12,300 loss. The address currently holds no open positions and is in a wait-and-see stance. The whale’s historical trades have mostly utilized isolated margin mode—reflecting a relatively cautious risk management approach and signaling a high-risk, short-term trading style.

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CZ: Different countries have different regulatory priorities, establishing a global crypto regulatory framework still faces challenges

On January 22, Binance founder CZ spoke at the "Financial New Age" panel discussion during the World Economic Forum in Davos. He stated: "Different countries have distinct priorities, agendas, and considerations, so setting up a global regulatory body is quite challenging. Of course, we hope such an organization emerges—especially if it can establish a regulatory framework that’s relatively innovation-friendly. This would significantly simplify work for industry players." He added: "Cryptocurrencies are consistent across countries; there are no country-specific tribal systems. So there should be an optimal framework we can adopt and implement. That’s why I’m currently working hard, devoting significant time to figuring out what this framework entails and how to collaborate with various countries."

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A Whale Opens 40x Leveraged Long Position on BTC, Holding $6.6 Million

January 22 — Per monitoring from HyperInsight (via its Telegram channel @HyperInsight), a whale with a wallet address starting with 0xb5a6 opened a 40x leveraged long position on BTC at 16:03 today. The position totals 73.7 BTC (equivalent to ~$6.62 million), with an unrealized profit of roughly $1,890 and a liquidation price of ~$84,000. Separately, the same whale holds a 3x leveraged long position on SKR: 9.17 million SKR (valued at ~$380,000) with an unrealized gain of ~$20,000.

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CZ: Bullish on Tokenization, Payments, and AI for the Future

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In the past 24 hours, the total liquidation across all networks was $6.03 billion, with both longs and shorts getting liquidated.

January 22nd — Per Coinglass data, total liquidations across all networks reached $603 million over the past 24 hours, with $304 million in long positions and $299 million in short positions liquidated. Globally, 140,060 traders were liquidated in the same period. The largest single liquidation was a $40.2261 million ETH-USD position on Hyperliquid.

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Ethereum Drops Below $3000

Ethereum dropped below $3,000 on Jan. 22, according to data from HTX, with a 24-hour price change of 0.99%.

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