「Buddy」 Liquidates HYPE Long Position, Profits $961,000

On January 29, per HyperInsight monitoring, a whale wallet (0x9e2...) liquidated its 250,000 HYPE long position at 12:13 PM today. The position was valued at ~$7.875 million, with an average transaction price of ~$31.2 per HYPE, netting the whale a ~$2.18 million profit.

On January 29th, data from 8marketcap indicates that gold’s total market capitalization rose 4.37% over the past 24 hours, adding $1.64 trillion. With Bitcoin’s current market cap at $1.74 trillion, this means gold’s single-day gain is roughly equivalent to the entire market value of Bitcoin.

**Bitcoin Whale (0xd83) Faces $31.6M Liquidation Amid BTC Dip Below $88k** January 29 — Per Coinbob Popular Address Monitoring and Coinglass data, Bitcoin (BTC) briefly slipped below $88,000 early Wednesday, shedding ~2.8% from its intraday high. On the Hyperliquid exchange, the whale address **0xd83** (dubbed the "Air Force Commander") faced multiple liquidations — with its largest single wipeout totaling ~$31.64 million, marking the biggest liquidation across all networks in the past 24 hours. In the last two hours alone, the address was liquidated on **89.7 BTC and 359 BTC long positions**, totaling ~$39.4 million. Its 40x-leveraged BTC long position has now been fully liquidated, leaving just ~$350,000 in remaining account balance. Earlier today (pre-dawn), the same address saw a $22.37 million liquidation on 252 BTC long positions — which was then the network’s largest single liquidation before Wednesday’s $31.6M wipeout. Post-liquidation, the whale used its remaini

On January 29, renowned trader and chart analyst Peter Brandt—who accurately called the 2018 Bitcoin crash—posted: “I have no clue where precious metals prices are headed. This is easily one of the biggest market moves of my career, and while I caught a piece of it (having been long and bullish on silver since mid-2024), I didn’t nail it entirely.” Brandt also cited his mentor Dan Morehead’s words, hinting at an underlying risk in the precious metals space: “This move is too extreme, and the market won’t let this kind of extreme persist for long.”

On January 29, CryptoQuant analyst Woominkyu noted Bitcoin’s “Supply in Loss (%)” metric is starting to climb again. Historical data shows this shift signals the early stages of a bear market: losses are now spreading beyond short-term holders to gradually impact long-term participants. In prior cycles (2014, 2018, 2022), the metric began rising before markets bottomed, while prices continued to weaken. A true bottom only formed after “Supply in Loss (%)” expanded significantly. Currently, the metric remains well below historical surrender levels—but the directional shift itself is notable. This suggests the market may be transitioning to a bear market structure, not just a temporary pullback in a bull trend.

On January 29, Sei published its Third Season Airdrop Eligibility Guide, noting that airdrop eligibility typically hinges on user activity including asset swaps, lending, liquidity provision, NFT transactions, cross-chain activities, asset holdings at the snapshot time, and participation in governance voting. The guide advises users to engage consistently with various apps, maintain a healthy wallet interaction history, and follow official channels to stay eligible. Users are also reminded to prioritize security—only verify airdrop claim links via official channels, never share mnemonic phrases, and be wary of scams that demand prepaid fees to "unlock" airdrops. In the prior Second Season, roughly 34.43 million SEI tokens were distributed to 44,445 addresses, with a portion of the initial token supply set aside for future community rewards and airdrop plans.