A certain whale closed a $7.8 million long position at the peak of the hype, realizing a profit of $2.18 million.

As of January 29th, per GMGN monitoring, Solana-based meme coin BP has seen a sharp drop in market cap after hitting $10 million. It now sits at roughly $5.4 million, with a price of $0.0054—up 150% over the past 24 hours—and a trading volume of around $5 million. BlockBeats notes that meme coins are highly volatile, heavily swayed by market sentiment and meme-fueled speculation, and lack actual value or utility. Investors should be mindful of the risks.

On January 29, Bithumb announced plans to list SENT and ELSA on its KRW market.

On January 29, per HyperInsight monitoring data, a whale address starting with 0x15df closed a 1,600 ETH short position at 13:01 today. The average closing price was ~$2,962, putting the position’s value at roughly $4.74 million. The address currently holds two leveraged short positions: - A 40x-leveraged BTC short: 60 BTC (~$5.29 million), unrealized loss ~$5,830, liquidation price ~$120,000. - A 20x-leveraged SOL short: 10,000 SOL (~$1.24 million), unrealized loss ~$3,665, liquidation price ~$332.8.

Per Coinglass data as of January 29, Bitcoin’s mainstream centralized exchange (CEX) short liquidation intensity would hit $1.133 billion if the token rebounds above $91,000. Conversely, a drop below $87,000 would trigger $494 million in cumulative long liquidation intensity across major CEXs. BlockBeats Note: Liquidation charts do not display the exact number of contracts or precise value of liquidated positions. The bars on these charts instead reflect the relative importance of each liquidation cluster compared to adjacent clusters—i.e., "intensity." This means the chart illustrates how significantly the underlying asset’s price will react when it hits a given level: a taller bar signals a stronger price response due to a liquidity cascade at that point.

Jan. 29 — Per HyperInsight monitoring, a whale suspected of insider trading tied to HYPE’s listing withdrew ~$7M in released collateral from Hyperliquid last night after HYPE’s price broke above $34. This move lifted its liquidation price from ~$20 to $25.04. The address built a massive long position ahead of HYPE’s Robinhood listing, with an average entry price of $38.67. It still holds the largest on-chain HYPE long position (~$43.7M) and saw its unrealized loss tick up slightly today to ~$9.7M — representing an 111% loss rate. Notably, since its position dipped below its cost basis and racked up heavy unrealized losses, the address has never rebalanced or trimmed its position, opting to “hodl” the entire time. Its unrealized loss previously peaked at nearly $26M.

As of January 29, monitoring from HyperInsight (via https://t.me/HyperInsight) indicates that at 12:52 local time today, a whale wallet starting with 0x150a expanded its HYPE long position by 100,000 tokens at an average price of roughly $32.046. Currently, the address holds two leveraged positions: - 5x leveraged HYPE long: 170,000 tokens (~$5.3 million), with an unrealized profit of ~$350,000 and a liquidation price of ~$23.1; - 20x leveraged BTC long: 4,501 coins (~$400,000), with an unrealized profit of ~$560.30.