Coincheck to Acquire Canadian Asset Management Firm 3iQ for Around $112 Million

On January 9th, per the Coinbob Popular Address Monitor (https://t.me/Coinbob_track_CN), the address tagged “20 Million Band Hunter” (0x880a) has gradually covered its short positions in HYPE and XPL over the past 6 hours. Currently, its remaining HYPE short position totals ~$38.2 million, with an average entry price of $31.3 and a liquidation price of $42.7—making it the largest bear whale in HYPE on the Hyperliquid exchange. Previously, this address held highly concentrated short positions in ETH and HYPE (accounting for 98.6% of its total positions). Recently, it has diversified funds into short positions in BTC, SOL, kPEPE, and other tokens, with its total account size growing from $111 million 10 days ago to $149 million today. Key holding details: - 12x leveraged ETH long: ~$62.89 million held, avg entry $3,108, floating profit ~$400k; - 5x leveraged HYPE long: ~$37.6 million held, avg entry $31.3, floating profit ~$8.33 million; - 11x leveraged BTC long: ~$14.76 m

On January 9th, Bitcoin dropped below $90k, with a 0.4% decline over the past 24 hours, per HTX market data.

Per official sources, Binance is set to launch ZAMAUSDT perpetual contract trading at 17:00 UTC+8 on January 9, 2026, with up to 5x leverage.

On January 9, The Block reported that Bitcoin ETFs posted a net outflow of $398.95 million yesterday, pushing the cumulative net outflow over the past three trading days to $1.12 billion. Three consecutive days of outflows have nearly erased the net inflows from the first two trading days of the year. Nick Ruck, Managing Director at LVRG Research, noted: “The recent outflows from Bitcoin ETFs stem primarily from portfolio rebalancing, profit-taking on rebounds, and short-term caution amid market consolidation—not a fundamental shift in institutional demand. The crypto market remains in a sideways phase, with Bitcoin holding above $90,000, supported by potential ongoing institutional accumulation.” Ruck added: “Traders should closely monitor ETF fund flow trends, Bitcoin’s key resistance level around $95,000, and macro signals like shifts in Fed policy to assess potential breakouts or further volatility.”

**Jan. 9 — Coinglass data shows Coinbase’s Bitcoin Premium Index has traded at a negative premium for three straight days, currently sitting at -0.0837%. Over the past 26 days, the index has been negative for 25 of them.** *BlockBeats Note: The Coinbase Bitcoin Premium Index measures the gap between Bitcoin’s price on Coinbase (a top U.S. exchange) and the global market average. It’s a key indicator for tracking U.S. capital flows, institutional investment interest, and shifts in market sentiment.* - A **positive premium** (Coinbase price > global average) typically signals: strong U.S. buying pressure, active entry of institutional/regulated funds, ample USD liquidity, and broadly bullish investor sentiment. - A **negative premium** (Coinbase price < global average) often reflects: heavy U.S. selling pressure, fading risk appetite, rising risk aversion, or capital outflows.