BTC and ETH Options Worth Nearly $9 Billion in Notional Value Set to Expire Today
January 30: Greeks.live data indicates 91,000 BTC options expire today, with a Put-Call Ratio (PCR) of 0.48, max pain at $90,000, and notional value of $7.6 billion.
435,000 ETH options also expire today: PCR 0.68, max pain $3,000, notional value $11.9 billion.
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Binance Accelerates Expansion in South Korea: Leveraging GOPAX to Seize the Institutional Market, Targeting 2026 Payment Infrastructure
Binance is ramping up its expansion in South Korea via its subsidiary GOPAX, targeting institutional crypto adoption by 2026, according to a January 30 Korea Times report.
Last year, 23% of global crypto market growth stemmed from institutional adoption, Binance’s Asia-Pacific head SB Seker told The Korea Times in a Friday video interview. “We believe if South Korea advances its regulatory framework, the growth trend will mirror that—if not be stronger,” he added.
Beyond core services like spot trading and digital asset products, Binance is building infrastructure for institutional fund management and cross-border stablecoin settlements. Seker expects once regulations are clarified, South Korean firms will begin allocating crypto assets to their balance sheets and diversifying risk across exchanges.
Payments are another priority. While crypto payments and remittances remain restricted for domestic South Korean users, Binance is partnering with licensed local payment service pr
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A whale has once again increased its holdings through an OTC trade by acquiring 445,000 HYPE, bringing its total holdings to 1,355,000 HYPE.
Onchain Lens monitoring indicates that as of January 30, the whale address "0xd4d" has received an additional 445,000 HYPE tokens (valued at approximately $14.48 million) via Galaxy Digital’s over-the-counter (OTC) address—these tokens are expected to be used for staking.
To date, this whale has accumulated a total of 1.355 million HYPE tokens (worth around $39.72 million) from Galaxy Digital’s OTC address, of which 465,000 HYPE tokens (valued at ~$13.5 million) have already been staked.
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Analyst: Despite the sharp decline, the overall BTC market positioning still leans bullish, with a risk of deleveraging.
Jan. 30 – Cryptocurrency analyst Axel Adler Jr. stated Wednesday that Bitcoin futures’ “long vs. short liquidation dominance” has hit 97%, with its 30-day moving average climbing to 31.4%. This means nearly all forced liquidations stemmed from long positions, putting buyers under systemic pressure over the past month.
Extreme oscillation indicator readings typically align with peaks in forced selling and could trigger short-term stabilization. However, without additional confirming signals, this does not signal a trend reversal. A sustainable “local bottom” would require the indicator to at least fall back to zero or drop below its 30-day moving average.
Adler added that despite Bitcoin’s (BTC) price crash and cascading liquidations, its funding rate remains positive — hitting an annualized 43.2% yesterday. While well below October-November peaks of 100%+, this indicates the market still has dominant demand for long exposure. Negative funding rates have only appeared briefly and
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Precious Metals Remain Hot, Gold-Silver Contract on Hyperliquid Sees Over $2.5 Billion 24-Hour Trading Volume
Jan. 30 — Precious metals remained popular on the Hyperliquid platform over the past 24 hours, with both gold and silver contracts ranking among the top 10 by volume, per monitoring from HyperInsight.
Combined trading volume for the PAXG (gold token) contract and Gold Mapping Contract hit $739 million in the past 24 hours, with total open interest at $197 million. The Silver Mapping Contract saw 24-hour trading volume of $1.796 billion and open interest of $169.5 million.
Additionally, the Copper Mapping Contract recorded 24-hour trading volume of $346.8 million and open interest of $144.6 million.
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