JPMorgan: ETF Outflows Moderating, Crypto Market Sell-off May Be Nearing Bottom

As of January 9, LookOnChain monitoring shows two newly created wallets have wagered $23,000 on the bet: "Israel will attack Iran before January 31, 2026."

As of January 9th, DefiLlama data shows heightened trading activity across several Perpetual DEX (Perp DEX) platforms over the past 24 hours. Hyperliquid leads with a 24-hour trading volume of approximately $75.4 billion, but its open interest and Total Value Locked (TVL) have not grown proportionally—signaling cautious market sentiment. Key Perp DEX metrics (24h): - **Hyperliquid** (https://app.hyperliquid.xyz/join/NTOD): ~$75.4B volume | ~$43.3B TVL | ~$90.7B open interest - **Aster** (https://www.asterdex.com/zh-CN/referral/aboter): ~$57.5B volume | ~$12.5B TVL | ~$26.1B open interest - **Lighter** (https://app.lighter.xyz/?referral=70045843): ~$46.6B volume | ~$12.4B TVL | ~$14.2B open interest - **EdgeX**: ~$38.7B volume | ~$3.68B TVL | ~$11.1B open interest - **Variational**: ~$15.9B volume | ~$66.18M TVL | ~$10.9B open interest - **Paradex**: ~$15.7B volume | ~$1.86B TVL | ~$8.34B open interest - **Pacifica** (https://app.pacifica.fi/?referral=pacbot): ~$9.37B v

On January 9, LookOnChain monitoring data shows the whale that previously "sold 255 BTC" has accumulated a long position valued at $3.1 billion, with the following breakdown: - 1,210 BTC (~$10.95 million) - 32,474 ETH (~$10.06 million) - 503,778 SOL (~$69.9 million) - 14.26 million XRP (~$29.9 million) The whale’s total profit has now exceeded $9.4 million.

As of January 9th, the probability of Bitcoin hitting $100k in January on Polymarket currently stands at 26%. Additional probabilities include 59% for $95k, 43% for $85k, and 19% for $80k.

On January 9, Solana-based perpetual contract trading platform Pacifica (app.pacifica.fi/?referral=pacbot) wrapped up the distribution of 10 million points this week. Per DefiLlama and Dune data, the platform’s total point supply now stands at 213 million, with 33,182 active addresses and $18.83 billion in trading volume over the past 30 days. Additionally, Pacifica community traders calculate the cost to acquire one point is roughly $0.382. During the platform’s current fee halving promotion, combining with a 2% bonus for continuous trading, that cost could drop to as low as $0.15. To help users earn points more efficiently during the event, on-chain data analytics and copy-trading tool Coinbob has launched its dedicated Coinbob Pacifica bot (@CoinbobPAC_bot). Users can use the bot to track and mirror high-frequency trading strategies, earn points, and position themselves for potential airdrop opportunities.

On January 9, Morgan Stanley Chief Investment Officer Mike Wilson issued an extremely optimistic outlook for the U.S. stock market. In an interview with CNBC’s “Squawk Box,” Wilson described the market’s future path as “crystal clear.” He believes stable Federal Reserve policy and legislative tailwinds will reinvigorate the consumer sector. Wilson noted, “The Fed is proactively addressing these liquidity issues, and this support has removed a major layer of risk for investors.” While the long-term outlook remains positive, Wilson warned a market pullback is inevitable in a U.S. midterm election year. He advised investors to prepare for at least a 10% decline, but urged them to view such drops as buying opportunities—not exit signals. (Source: Golden Finance)