In the past 4 hours, there has been a total of $176 million in liquidations across the entire network, with the majority coming from long positions

Ethereum briefly dipped below $3,100 on January 20th, per HTX market data, and is currently trading at $3,107.

CryptoQuant analyst Axel noted in a January 20 post that after weeks of buy-side dominance, sellers have reclaimed control of the derivatives market—with U.S. spot markets failing to generate hedging demand. Both signals point to the market entering a risk-off environment. The Exchange Whale Ratio shows a sharp swing in trading activity from buyers to sellers: the metric sits at -0.0917, while the 90-day Exchange Whale Index is -1.81. These readings indicate a market structure defined by sustained selling pressure—a notable deterioration from the near-neutral signals observed in recent days. This shift is paired with a widening short position skew: the short ratio is 0.546, and the long ratio is 0.454. This structure typically means sellers aren’t just sitting on positions—they’re actively selling into the market, amplifying downside pressure. As long as the Z-score stays in negative territory, any rebound will be fragile, likely a brief relief rally rather than a trend reversal.

Official sources confirm that OKX will delist the following spot trading pairs on the specified dates: - **Jan. 27, 2026 (16:00–18:00):** Spot pairs for ULTI, GEAR, VRA, DAO, CXT, RDNT, and ELON. - **Jan. 30, 2026 (16:00–18:00):** USDT-margined spot pairs: ULTI/USDT, GEAR/USDT, VRA/USDT, DAO/USDT, CXT/USDT, RDNT/USDT, and ELON/USDT. Related trading services will be suspended starting **16:00 on Jan. 24, 2026**. Users are advised to manage their assets in advance.

January 20th — Per GMGN monitoring (via https://t.me/gmgnaibot?start=i_m4TE56o8), the BSC-based meme coin “Noble Stock Trader” rallied sharply in the short term, likely driven by the Bitget Onchain Chinese New Coin Hotlist and related tweets. The token’s market cap jumped from roughly $2.4 million to a peak of $5.37 million in just one hour. It currently stands at ~$5.1 million, with a token price of approximately $0.0051. This meme coin’s narrative ties back to the “Bitget Stock Trading Guide,” and multiple coins bearing the same name are circulating in the market. The token with the highest liquidity at present is: “Noble Stock Trader”: 0xf6001f6509bd5ab20faac32339082fb254034444 BlockBeats reminds users: Meme coins are highly volatile, driven largely by market sentiment and hype with no underlying value or utility. Investors are advised to exercise caution due to these risks.

January 20 – Major European stock indices opened lower in early trading, per market data, as Trump threatened to impose 200% tariffs on French wine and champagne. The French CAC 40 was down 0.5%, the Euro Stoxx 50 fell 0.59%, Germany’s DAX dropped 0.68%, the UK’s FTSE 100 was off 0.67%, and Italy’s FTSE MIB declined 0.6%.

On January 20, per official sources, the new token HeyElsa (ELSA) has been listed on Binance Alpha, currently trading at $0.151.