Yesterday, the ELSA team's wallet address transferred $4 million worth of tokens to Bybit, causing a price rollercoaster early this morning.

Bitcoin briefly topped $90,000 on Jan. 23, per HTX market data. It’s currently trading at $89,948, up 1.07% over the past 24 hours.

On January 23, BofA’s Global Fund Manager Survey showed fund managers’ cash holdings have fallen to a record low of 3.2%—indicating extreme bullishness among investors toward risk assets. (Barchart)

On January 23, Cointelegraph reported that approximately 70 billion South Korean won (equivalent to $47.7 million) worth of Bitcoin was stolen from South Korea’s Gwangju District Prosecutors’ Office, with authorities launching an investigation into the incident. Prosecutors uncovered the missing cryptocurrency during a routine asset seizure. The Bitcoin was stolen via a phishing attack after a staff member accessed a fraudulent website. The prosecution office declined to disclose the exact loss amount or the date the Bitcoin was seized, only stating it is “tracking the confiscated items and their whereabouts.” This incident comes days after South Korean customs authorities dismantled a large-scale cryptocurrency money laundering network earlier this week.

January 23rd — Per HyperInsight monitoring, the “High-Frequency Shorting Pioneer” address (0x3bcae) closed out a 68.95 BTC short position 2 hours ago, posting a $14,000 loss. Its current total open short positions are in a $15,000 floating loss. This address runs a high-frequency multi-asset strategy, favors overnight positions, and follows strict risk controls.

As of January 23rd, per LookOnChain monitoring, an address created a new wallet 5 hours ago, deposited 2.44 million USDC into HyperLiquid, and placed a limit buy order for 5 million ASTER (valued at ~$3 million) at $0.6 per token.