Bitcoin Dips Below $92,000 Briefly

**Jan 19: Coinglass Data Highlights Ethereum Liquidation Tiers** - If Ethereum (ETH) drops below $3,100, cumulative long liquidation intensity across major centralized exchanges (CEXs) will hit $427 million. - Conversely, if ETH rises above $3,300, cumulative short liquidation intensity will reach $885 million. **BlockBeats Note:** Liquidation charts do NOT show the exact number or value of contracts being liquidated. The bars instead reflect how significant each liquidation cluster is relative to nearby clusters—this is "intensity." In short, the chart signals how strongly the price will react when hitting a specific level. Higher bars mean a sharper price response due to a liquidity cascade at that price point.

Jan 19 – Bitcoin (BTC) saw a short-term drop of over 3.5% this morning, per monitoring from HyperInsight (Telegram) and Coinglass. A whale address on Hyperliquid faced multiple large-scale liquidations, with the largest single liquidation totaling $25.83 million—marking the biggest single liquidation across the network in the past 24 hours. The whale began activity last Friday (Jan 16): it transferred funds on-chain to Hyperliquid, continuously sold Ethereum (ETH) spot holdings, and opened a 40x leveraged BTC long position around $95,600, adding to it consistently. At one point, its BTC long position held 350 coins, worth approximately $33.46 million. Even as it continued transferring and selling ETH during today’s drop to lower its liquidation price, the BTC long position was fully liquidated, resulting in a cumulative loss of roughly $1.1 million. Post-liquidation, the address transferred ~169 ETH spot to the platform and sold them, then reopened a 40x leveraged BTC long positi

January 19th — Per EmberCN monitoring, the whale/institution that previously booked $96.67 million in profits from ETH momentum trades ahead of this morning’s market pullback sold 10,000 ETH at $3,321 apiece ($33.21 million total) to dodge the downturn, locking in an additional $1.51 million profit. This 10,000 ETH was purchased at $3,170 following the failure of a BTC long position the address opened 11 days ago.

As of January 19th, Coinglass data shows total net BTC outflows from centralized exchanges (CEXs) over the past 24 hours reached 1,729.96 BTC. The three exchanges with the largest outflows were: - Kraken: 2,394.43 BTC - Bybit: 395.37 BTC - Bitfinex: 62.33 BTC Meanwhile, Binance recorded the biggest inflow, with 793.77 BTC deposited onto its platform.

As of January 19th, Lookonchain data shows that three days ago, the "gambler" address 0xD835 took a bold short position on ETH worth 3 million USDC. The ETH short position now holds over $1.83 million in unrealized gains. Additionally, the address has upped the ante by opening a new 40x leveraged short position on BTC, with a position size of 323 BTC (roughly $30 million).

Jan. 19 — Per Lookonchain monitoring, whale address Ci8jH5 withdrew 20,000 SOL (≈$4.1M at the time) from Kraken 5 months ago and staked the tokens, earning 466 SOL (≈$62,400) in staking rewards over the period. However, SOL’s price decline has pushed the value of their 20,466 SOL (principal + rewards) to ~$2.83M, marking an overall loss of ~$1.27M. One hour ago, the whale re-deposited all 20,466 SOL (~$2.83M) back into Kraken.